Could we do this? Blimey Jim - our house only worth 65K - mortgage 270 pm - there is me wanting to find a tall tree and short rope - mind you I spose it is relative - I earn only 540 pm and o/h 600 inc overtime!!!

Stell

His borrowings were for his business, he was a retailer/sole trader - everything was in his sole name - I work myself, and I have my own finances, my own bank account, my own borrowings and I support myself - it was because his business failed mostly due to a car accident (long story) he has the deb...

I think it is to prove that the vehicle is in my name and not his - but if it isnt an "asset" doesnt make any difference. Thank you all for this info, yes they have asked for his passport aswell, as somebody else said! But as suggested in my other Thread I am now again thinking long and hard about a...

We are in a DMP. We offered 50 percent of the total debt pro rata (we were able to borrow 50 per cent from a family member but that was all) we were turned down .... sorry if that doesnt help

Good Luck with it all though x

Maybe? Maybe not? Having been speaking to PP about an IVA I am told they will need (for my OH): Payslips Mortgage Statement Written evaluation of the House value ID - like passport etc. Also V5 for the vehicle - to show it is MY vehicle (which it is!) Is this all they will need or will I need to be ...

Thanks Debbie :) My o/h is now juggling, he had an accident, business down the pan, £32,000 debt - considering an IVA. That's another post LOL!! I am very happy to talk about my BR to anybody who wants to talk. It was filed in 1998 though so could be rules have changed? I dont mind expanding on the ...

Hi - Im a newbie but I wanted to wish you all the best as well. I filed for br many years ago before I was married, had kids or anything - I had a house but it was in neg-egg - I personally scared myself witless thinking about all the "stuff" - I couldnt believe the IS were so nice, it was all sorte...

Thank you Ian and Melanie - you read my mind!!! Prob is one creditor already has a judgement against the property so after mortgage lender, creditor, my share, he would be left with equity of 12,500 - if we thought they would accept this, we would sell! I am not prepared to sacrifice my portion as I...

Thanks Ian. Good Question! Probably because an IVA wasn't suggested as an option and we were at our wits end thinking we were going to be thrown into the streets so grasped the DMP ? The problem is that although almost all creditors accepted "arrangemenets" some now seem to have strated getting a bi...

Hi all [:)] My o/h has been in a Debt Management Programme with Payplan for 18 months with no probs until now - some of the creditors are getting a bit heavy-handed! PP suggested an IVA which seems a reasonable option as his debts are £32,000 and he has been paying £260 per month. I have a couple of...