I would like to say a big thank you from both of us your advice has been invaluable. I shall contact them in the morning and update you as soon as I know. Thanks again and many blessings to you and your family.

would you say then that it looks like there is no requirement to pay anything extra,and only to pay increased cotributions at review.

I understand that I have been a little naive I won't be doing that anymore. One more question though what if, before the end of the arrangement is reached, we have paid in the total required amount? Can we request an early conclusion without having to pay anything else.

They got the figures from me. I have been doing monthly reviews myself and sending the money to them because I didn't want to get stuck with an extra bill at the end of every year. Having read through a few of the topics on this site I now find that, that wasn't necessary. My point is that since the...

there were no modifications

Clause 5.5 within 1 month of my proposal being accepted by my creditors I shall commence to make, jointly with my husband, voluntary contributions in the sum of £x per month with credit to be given for any payments already made to the nominee. These payments will not be lowered below this level with...

Clause 5.5 of our arrangement deals with how much we are going to pay into our account and that they should not be lowered without the consent of 75% of the creditors. That we should make 60 payments and should we fail to do so a meeting will be convened to decide if and how to proceed. Since the be...