Thank you thats really useful.

It sounds silly i know.

I shall have a think about it.

Hi

If you wish to propose a full and final as a friend is willing to loan you the money do you have to give details of that friend?

I am moving overseas and the friend in question would not wished to be named.

How much detail do you need to give about full and finals?

M

Sorry i was not making sense last night. Before an IVA was proposed i was paying minimum payments to all my creditors, AMEX were demanding a minimum payment of £500 a month. When i strated proposing an IVA it turned out that i only had £830 a month disposable income and that an IVA was a valid optio...

No property.

I owe £50k in total and AMEX have £13k of that debt.

I know that the protocol only asks that they give a reason but IVA company say once they knwo what the reason is they may be able to argue it. Right now i just feel in limbo!

Sorry not sure if i was clear i mean without an IVA AMEX want me to pay them £500 a month (plus all my other debtors) when having done an I&E it shows that i only have £830 left once all other bills are subtracted.

Hi All... my original Creditors meeting was the 4th March...apparemtly AMEX who hold a large proportion of my share said no. my meeting was then adjourned to yesterday. Rang IVA company last night who said AMEX still are saying no and that i can easily afford the payments of £500 a month even though...

Andy

Whats the best way to do a DMP if my IVA fails? We are moving overseas in about 6 months to a year as well.

Apparently Eversheds are acting for AMEX who rejected. IP said he faxed all the information that they required (unsure what that was) and that it was now a waiting game!!!!

Just had the phone call... not good at present... Capital One and Halifax voted Yes but American Express voted No. IP hopes that it can be addressed just by answering a question etc but at present not feeling overly hopeful

I am soooo nervous.. have debt of £50k and offering £830 per month!!!! All good thoughst my way please

Yes i have a Overdraft. I did but Natwest took a month to sort out my new bank account - losing information on the way. thus resulting in this cock up now.

Hi All I have my creditors meeting on Tuesday. I previously had my current account with HSBC. I opened a new account with Natwest who took ages to send through my sort code and account number. I got it 2 weeks ago and wrote to my payroll departmemnt advising accordingly. I get paid tomorrow and chec...

Thankyou for your help Jo. I know i asked a really blonde question.


I dont think they ask about "insolvency" on the middle eastern visa forms but if they did i presume to that i would tick "yes"

Hi 1. How long does your name remain on the insolvency register? 2. When you are faced with a box that says "Have you previously been declared bankrupt" do you tick No as you are in an IVA? Sorry having mass panic about the fact i want to work in the middle east at the end of the year and worried th...

Move is being funded by employment opportunities. Both myself and my partner work in 'in demand' occupations that mean we will be on at least double to three times our UK salary plus it is tax free. Added to that my partners parents live there. The IVA will not be concluded unless i offer a F&F befo...

Hi All

I am hoping to move to the middle east in a year or two and am currently proposing an IVA. I am now worrying though that the IVA will affect my chances of obtaining a visa to the country?

Any know anything about this?