This DMP I assume you are on gives you no protection, Banks could start adding interest etc as the situation changes...as they see fit...you are dancing to their tune(paying as they want)...but if you cannot be in a iva then this is the best thing.... Metaporically the Banks are mortally wounded hen...

With an estimated 6 - 8 yrs before normality ignites the housing market, 100 of their branches should close....buying a property only to be told later on that it is worth less since but you still own the Bank the full balance just don't make sense!!

Iceland paid Kerry £750,000 for her work.....to go BR is unforgiviable.....the late Mike Reid had 100 million pounds but owned 100 million pounds......just goes to show people doesn't under finance till they are in front of a judge

With BT Broadband internet you can get a set top box added on for £30 one off connection charge and some low cost pay per view and does what Sky box do anyway and one better as it can do High Definition in Sept!! Sky must not be allowed to monopolise......right BT, Virgin???

Not a recent news, but Anna Nolan from the fame Nolan sisters have a an autobiography out, I just flicked throught it and noticed that she was Bankrupt in the late 80s lost the house and divorced,she did not know where the money had all gone? And got a job for the Receivers.... Interesting read but ...

Her BR is due to a hefty tax bill as like most 'self employed' celebrities they have to ensure that thay don't spent the tax and to pay it, unlike the 9 to 5s which have that deducted every month. Not paying it is tax evading and thats why the Inland Revenue will go nuts along with Customs - if you ...

http://news.bbc.co.uk/1/hi/world/7574708.stm

Creditors did not want IVA as there was money from making her BR! Now how did someone with good earnings get to this.?? Too much Ck??

This is old news.Its a debit card so it ain't that bad as there is no credit...

http://news.bbc.co.uk/1/hi/business/7569903.stm

All the rallying and talk of the end of the crunch by dream merchants.....if this news isn't the equivalent of terminal cancel, I don't know what is!

Only the Olympic medals are keeping the US flag flying

BR is the way.....the end of debt....BR is becoming more attractive to debtors than IVA...and with no income an IVA would not be viable. The IVA legistration came into vogue in late 80s, your mother could have done the IVA then and would have kept the house...but very little was known of IVA then......

25p to the pound in 2008/09.....even if its granted the I/E will be very tight...most likely the IVA fail. There are folks here jacking it in giving more than 25p to the pound.....

Ips would not even be looking at anything that is an 'inflationary increase'....I don't know of any employees apart from haulage drivers[holding the country to ransum} getting anything above 10% or cabinet minister who feverishly voted themselves 16%? As for the change in taxcode, everyone earning u...

BR is probably better you I think. An IVA isn't the cure all in debt matters....its hampered by high returns[unrealisticly obtuse] and RPI inflation of 5% and rising. The public sector lot have yet to settled on their pay rise City analyst have said inflation will go sky high if more than 2.45% is a...

Your P60 also tells creditors your earnings, try having a review without sending in one? Such payrise as given to the poster will mean backdating what he 'owns' if creditors are not now told....I'll bet on it! Better to inform the IP now and hand over the extra than make a big 'lumpsum' payment in a...

If you own money to this bank account then it will be frozen then default notice served. If you don't own this Bank any money....you could get away with it being open....unless it is HSBC