Oh sorry just re-reading your replies, yes we do own our own house, very little equity, poss 5-10K. Understand this will have to be sold if went BR - hence not wanting the BR route in the first place

Thanks for all of your advice, certainly food for thought! We owed 96k and pay £1365 per month in to our IVA.

Hi, Just typed out a reply, but not sure where it has gone? Thanks for the advice Melanie. I must admit I have not contacted my supervisor about this yet. We have spent the weekend worrying over this, and decided we needed to test the waters on the forum first to see what we could find out! I will c...

We are currently in a joint IVA, but are really struggling with the payments. We now think bankruptcy may be our only option, which we have tried to avoid, but seems inevitable now. My husbands job pays a car allowance, on the provision that the car is under 5 years old (stated in his terms of emplo...