If not too late, I highly recommend contacting IVA.Org. They sorted my husband’s debt issues out and they are professional, honest and trustworthy. A small IVA company but they know their stuff. Look them up on Trust Pilot to read the reviews.

My husband had a large debt (3 figures) following a decision he made in 2006 to support a relative with obtaining two buy to let mortgages. The relative made herself bankrupt in 2019 following years where she buried her head in the sand, refused to discuss the situation or dispose of the properties,...

Hello all, just an update of when we are since February. The IVA full and final was accepted on 24th Feb. No completion certificate yet as one of the debts related to an unsold property. Thankfully this has now been sold and the shortfall crystallised. We have received a couple of letters from the l...

Just thought I’d update. My husbands IVA full and final settlement was finalised this morning when the lender that voted to reject last week, reassessed their position and approved acceptance with no modifications. We used IVA.org and they were absolutely fantastic and supportive with getting this t...

Thank you that is really helpful. Just weighing up our options as we have to try and make this work.

Can any one offer any help with my questions above. The IVA has been referred upward in the lender for a decision to be made at a higher level than the person who rejected. It’s a very nervous weekend whilst we await a decision and the adjourned creditors meeting is to be held again on Weds. I have ...

How many times can these things be adjourned? If they want the offer upped can the lender ask for this or suggest a regular contribution based IVA with an equity clause. The total debt is in the region £113k that is two BTL mortgage shortfalls are £43k, c£67k and a further £3k to a leasehold company...

Only one lender voted and they decided to vote themselves and not use TIX. They rejected based on our equity even though the offer for f&f was good, immediate and not far off what they would get in BR. The meeting has been adjourned till next week and the lender (person having a bad day) has referre...

My husband’s creditors meeting is today and so far no votes have come in. The IVA proposer has called this morning to say TIX have advised one of the creditors wishes to vote themselves rather than have TIX do it for them, what does this mean? The other creditor should be represented by TIX and the ...

Thank you. Makes the process less scary.

My other half has got himself into some hefty debt problems and is the process of setting up an IVA. There is an offer from a family member to put in quite a large lump sum for a full and final (around half of the total debt). I’m just wondering who represents the lenders at the creditors meeting? I...