From the point of view of my creditors it is "debt" as it is money owed to them by myself so when the send through the documents all monies owed are classified as debts lodged. It is not changing from creditor to debtors it is just taken from the opposite perspective thats all

Hi melanie When the new proposal was first put to me it was always implied the reaason for the change was due to existing debt being calculated incorrectly in the beginning. I was never sent a breakdown until after the meeting was held. The documents sent to me prior to the meeting only brokedown th...

I have 20 months left on my IVA and have recently received a letter stating that the original declared debt that was first put to my creditors was incorrect and they have subsequently had an additional creditor come forward with only 20 months remaining! My original IVA was set up so that I pay 0.37...