Thank you for the advice, by advising Lombard that they have given no option but to go for an IVA if they continue with the bankruptcy, they are more than willing to except an arrangement with us. I know we are not out of the woods yet so to speak but it is a start. To confirm the arrangment we have...

Thankyou for the quick reply, I am trying to get Lombard (owe want the £25000)to make an arrangement with us or to have the van back from us, but they will not talk to me. We spelt out the situation to them yesterday that making us bankrupt will me that they will not get anything were as making an a...

This week we have received a Statutory Demand from a creditor that we owe about £25000 to as we are unable to come up with this amount in 21 days we have had no option but to go for and IVA. Which is probably a good thing as now our debts will be sorted out and we can stop looking over our shoulder ...