Feel like shouting this from the rooftops - my Full and Final offer was accepted today. A big thanks to GT who managed to turn a no vote from Max Recovery into a yes.. it's a been a long road so far, but finally some light. I will keep reading, and thanks to everyone, even if I hardly posted on here...

Thanks for your replies - I did look, and there is nothing to say IVA can't be concluded before 2 years.

Hello My situation is: been in IVA since Feb 07 - total debt 39,000. Paying back 53p in the pound - total 30,000 over 5 years inc IP fees. 500gbp a month. Payments to Feb 08 when I would want to make an offer £6000. My parents want to offer me the money in order to reach an early finish (i would the...

Thankyou. Would being bankrupt affect being able to live abroad?

Hello. My partner is looking for another job, and would ideally like to move overseas. I can't imagine not going with him, but i am only 6 months into an IVA. I have a fairly well paid job, but he is still the breadwinner. What would happen if I gave up my job to go with him, and could not get a job...

Thanks for your replies. If I left it until next February, and then offered say 21k (if parents can offer this) would this be reasonable?
Many thanks

Hello I have been in an IVA since Feb. Total debts 39,000. Paying approx 22,000 to creditors and 8,000 to IP. Paying £500 a month - so 53p in the pound. My parents are in a position to offer me £18,000. Would this be a reasonable offer as a full and final. I have no assets and no clauses to say I ca...

Hello. I started an IVA in february, but I still get letters from a couple of the creditors saying I must pay in full or they will take legal action. Is this normal? I have tried e-mailing my IP to ask, but he hasn't replied.
Thanks

Hello Thankyou Melanie. My IP did not mention that I could possible settle with a lump sum without going down the IVA route. I mistakenly thought I needed to be in an IVA before doing this. I did ask my mum a while ago, but she was not keen to help me, but things have changed and she would rather me...

Hello
My mum has offered to take a loan to pay my IVA in full. Total debt 39000. PAying 500gbp a month. Only 2 months in so far. How much is a reasonable offer? My IP is away till 13/04 and I really want to give my mum a rough idea today.
Thanks

Hello I have a fairly well paid job and make payments of £500 per month into my IVA. I am unhappy in my job at the moment, but it is highly paid for my type of career. What would happen if I changed jobs and my income decreased. I don't feel I can stay in the same job for the next 5 years. I may be ...

I am only 1 month into my IVA, and am starting to worry i have done the wrong thing. My debts are 39,000 plus 7,000 student loan (not included in iva). I have no assets and rent with my boyfriend. Should I have gone bankrupt? Also me and my boyfriend would like to get a mortgage at some point in the...

Hello I know it is hard not to panic, but things will work out. I went with Grant Thornton, I was first passed to them from the CCCS in August and my first creditors meeting was rejected in December. However, ny 2nd proposal was accepted in Feb - with ironically only Northern Rock voting out of 13 c...

Hello
Can I move abroad whilst in an IVA? In particular to the USA. I would still be making the payments.
Thankyou

yes i did mean my employer! i didn't realise i could have made this sort of offer instead of an iva. I was under the impression I had to have an IVA approved before I could possibly make any offer. How should I have gone about that? Would I have still had to go through an IP? Also I have just had a ...