Hi Kallis
iva is not set up now and i am not sure how this will affect it. I will speak to someone on Monday

Hello everyone just been notified that one creditor has obtained a ccj by default. the question i need to be answrerd if anyone can advise is will the court grant a charging order against my property for this ccj effectively giving this creditor preferred treatment above the remaining 12 creditors.A...

Thankyou Melanie I will explore remortgage option to see if it is viable. I was in talks with Tony before his bereavement,but was unable to contact him after he left me a message to contact him. As i do not want to trouble him at this time,i will try to find another source or can you recommend anoth...

Hi Melanie, Mortgage is interest only. If we sold now we would probibly have to drop the price for a quick sale and then take out agents and legal fees. Property rental in our area means that we will have to pay some £200 per month more than we do on our current mortgage repayment.Is it pssible to r...

Interesting point raised here.I am getting calls everyday, including this morning from one of my creditors.They tell me that they will call again tomorrow which i know they will. They have received a token payment and cashed the cheque. I just tell them to read yesterdays notes which they do and the...

Hi Melanie You gave me advice last week which i do apprieciate. Details are- Unsecured debt £61k (mine) Joint equity £38k (possibly falling) Disposable £0 (following cccs criteria) When i posted last week i gave a figure of £15k from family and was trying to raise more. You advised that amount was q...

I need to pay back some of my debts and after taking advice from several companies the only thing that they agree on is that i have no disposable income. I am able to obtain cash towards my part of equity in house from family but i am told that will represent a low return for creditors in an iva thr...

Hi Melanie
Thankyou for advice. I am still trying to raise more money, will not know until later in the week. If i am successful would you or your company be able to put this proposal forward for me.
Regards
Unsure.

Thankyou Melanie for your quick response.
I still trying to raise more.I Will not know more until later in the week.If i am successful,will it be possible for you or your company to put forward this proposal for me.
Regards.
Unsure.

Hello everyone I need some advice. I have unsecured debt of 61k with no disposable income. I have been advised that i could probably do a full and final settlement with 19k if i could raise the money from family. However after discussing with family i can only raise 15k. Can anyone tell me if this w...

Melanie, thankyou again for the clarification, enjoy the match.(hope they win).I will no doubt contact you again soon
Kind regards. unsure.,

Melanie, thankyou for using your time on a sunday to give me advice it is very much apprieciated. If my wifes equity is intact in bankruptcy does that mean my beneficial interest is half of the total 38k equity. If that is the case would 19k be enough for an iva and would my brother in law then have...

Hi Melanie Thankyou for your reply. Unfortunately my wife is not resigned to any of this at the moment.I am trying to sort things out the best way i can to move forward. If i were to opt for the bankruptcy option would my wifes part of the equity be swallowed up by the O/R?With joint equity of appro...

Hi Barb

Thanks for welcome. Very pleased to find this forum although i think it is frightening to see just how many people are in a similar situation. It is nice to know there is so much support out there.When i realised i was in too deep, i realy did not know where to find good advice.Thanks again.

Thanks Chris
Figures are excluding creditor payments. I will check with council on monday as their web site not available today.