Ian, Melanie, thank you both once again.

How would I find out if HSBC still owned my debt?

Forgot to say that HSBC have more than 25% of my debt by value.

That's good to know. So if I return my Income & Expenditure form how do how do I prevent my IP from proposing an increase in my term? Will the proposed variation be sent to me for authorisation first? Also, I was made aware that HSBC would only accept 40p in the pound for them to approve my IVA. I a...

I didn't know they could do that. I thought that was a default of the arrangement.

It was the advice of the admin person rather than the IP himself.

Should I propose this directly in a letter? Or should I assume that the IP will amend the proposal when he gets it from admin?

As part of my IVA my dividend must not fall below 40%, as per the modification put in place by HSBC. That was the reason why the IVA would be extended 24 months.

I am thinking of making a F&F via money from my brother. If that fails I will have to put forward a variation to reduce my payments due to a change of career due to job uncertainty and greater flexibility of working arrangements due to my mother's deteriorating health. My IVA provider are considerin...

Thank you for your advice and understanding. I really appreciate the swift response. How do you suggest I move forward with my proposal? I am thinking of putting the whole situation into writing and hoping that my IP will understand my position and put it forward to my creditors in the same way you ...

The admin person at Payplan said they could not put forward a full & final settlement at the same time as an amendment to reduce my IVA due to my change in circumstances (change of job). Is this true? I was also told that if a F&F was rejected by my creditors then I would have to keep paying my curr...

I have no property and I live with my folks in a rented house. Is it worth mentioning to Payplan that I may have to reduce my hours in the future - my parents are both in their 70s and I live with them and help them manage around the house. Their health is poor and deteriorating and that's why my br...

If I offer a F&F settlement, about how much of PayPlans fees will they still charge. I understand that it is not pro-rata :-( So how much of their approx £9K fees for the full IVA will they still take after only 12 months? I will not be able to pay any more as I will be paying my brother off, but wi...

Hi, I have an IVA. 60 x £626 (although Payplan have accepted £595 as they over estimated the effect of the increase in my salary from stopping paying my pension). I have recently changed my job as my current job was at risk and to give me better prospects for the future (I was in a dead-end job). Th...