Thanks for reply.
We have no overdrawn facility on any account.
Would I still have to change my current account?

hello, I'm into my 4th year of IVA. Now my wife is having problems and I believe is going for debt management. We have current and joint account at the sme bank. My wife's adviser has advised that I should find a new current account with another bank as they may go after me for owed funds when she g...

Hello, of course you are probably both right. In answer to Melanie. My wife did not benifit from any borrowed monies, she only found out after we got hitched [B)]. However, we do split the cost of living allowance submitted to creditors. I will review our expences and submit to IP. The overpayment o...

Hello,I'm in the middle of an IVA. I have just recieved the 3rd year report to creditors. I am finding it increasingly difficult to pay the agreed £500 to creditors. My wife is now starting to have financial problems. I don't usually work over time as I know this will affect payments. Indeed this la...

Thank you for your replies. Melanie your are correct in assuming I don't want a decrease in repayments. What I do want to avoid is an increase in payments as we are managing our outgoings at the moment. The landlord letter is an idea but he's in Australia and is not the type of bloke who likes to ac...

Hi everyone , I have just recieved back the results of my recent expenditure statement. My IP accepts all the normal household expenditure increases but not my mooring rent increase which has gone up from £150 to £200 a month. ( I live on a house boat on a private mooring ) My problem is that I cann...

Currently I am paying my creditors £500 a month. I am 2 years into paying it without default. I live on a narrowboat. I have to move off the boat due to health reasons and my only option is to move into a mobile home. My expenditure will escalate by moving into the mobile home ie,council tax, higher...

Melanie don't contact that company again untill you have spoken to an expert. An iva is for 5 yrs. This sounds very dodgy.

Thats interesting abc. I have found out that one of my creditors has sold the debt on. I'm concerned that my IVA was agreed with the original creditor and not the new one and if this is accepted practice will the new creditor want more dosh. As if what you say is correct they will want to capitalise...

Hello, I'm one year down the line of an IVA.I have had a pay rise and my superviser is already gunning for a share of it. I have also had increases in living costs in the past year is this also taken into account? Also are supervisers independent. Mine seems to come down on the side of the bank all ...