Search found 9 matches

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by uk79uk
Mon Feb 04, 2008 6:28 pm
Forum: postings for february
Topic: Settlement figure?
Replies: 6
Views: 1572

Natwest is my bank account with a large overdraft of 2700. My family have pretty much taken over the running of my accounts and they are seeking advice but I am trying to seek as much information as possible to assist them. I have a feeling that they want to settle my bank account in full first, not...
by uk79uk
Mon Feb 04, 2008 5:34 pm
Forum: postings for february
Topic: Settlement figure?
Replies: 6
Views: 1572

Thank you for the reply Ian, much appreciated.

Would I have to include my bank overdraft in the equation or can I leave that out?

Oh and any ideas about what happens to my credit file should a settlement be agreed?

Thanks again
by uk79uk
Mon Feb 04, 2008 4:15 pm
Forum: postings for february
Topic: Settlement figure?
Replies: 6
Views: 1572

Hi, back again! Since my last post I have had major talks with my family and lost the plot because my girlfriend left a few days ago (not good [:(] ) Anyway.... My family are really helping and it looks like they could pay a lump sum to my creditors to save me going BR. If we were to obtain settleme...
by uk79uk
Thu Jan 24, 2008 12:47 am
Forum: postings for january
Topic: What happens in BR
Replies: 3
Views: 1669

Hello again, some of you might remember that I am considering BR because I am currently unemployed and debts are mounting :( At the moment my parents are supporting me but I know it is putting a big stress on them as my father is currently out of work and my mother is supporting everyone. I hate kno...
by uk79uk
Thu Jan 17, 2008 3:05 am
Forum: postings for january
Topic: IVA advice please or options?
Replies: 14
Views: 1983

Thank you for the reply :) Sorry I wasn't very clear with part of my above post. What I meant was... When I start working again, am I allowed to pay rent to my parents (moving forward)? I don't have any official documentation as such from them as proof that I pay them monthly. Could this be an issue...
by uk79uk
Wed Jan 16, 2008 12:40 pm
Forum: postings for january
Topic: IVA advice please or options?
Replies: 14
Views: 1983

£485 fees, maybe not in an instant but beg, borrow or perhaps sell the family cat... you never know. I have so many questions to ask, is this the right place to ask them or could you point me in the right direction to someone who can advise me. Here are a few for now but please do tell me if I shoul...
by uk79uk
Mon Jan 14, 2008 1:32 pm
Forum: postings for january
Topic: IVA advice please or options?
Replies: 14
Views: 1983

Well it looks as if I may have to go BR, I called all of my creditors today who were mostly unhelpful, understandable I guess. Cahoot were very pleasant and said they would hold the account for as long as possible and if I could make any payment at anytime that would be great. MBNA advised me that f...
by uk79uk
Mon Jan 14, 2008 12:06 pm
Forum: postings for january
Topic: IVA advice please or options?
Replies: 14
Views: 1983

Hi and thanks for the replies, they are what I expected so no shock there. I would like to learn more about bankruptcy but my understanding is that you still pay what you can afford for X amount of time? Am I correct in saying that I am very unlikely to be made bankrupt, so hanging out until I find ...
by uk79uk
Mon Jan 14, 2008 5:35 am
Forum: postings for january
Topic: IVA advice please or options?
Replies: 14
Views: 1983

Hi everyone, my first post here after reading some very useful information [:D] I was wondering if someone could help/advise me? I owe a total approx £27k of unsecured debt, currently living at home with parents who used to charge but due to my current circumstances have let me off. I am currently u...
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