Hi We do qualify for an IVA, however we have been told that it is unlikely to be accepted by NR due to the property being in negative equity and the tentant's rent does not cover the mortgage payments. I guess my main question is what criteris does the judge use in order to autorise an individual's ...

HI All,

Thank you for your responses.

The outgoing's stated does include all amounts payable to creditors inc mortgage, food, bills, rent etc

Therefore do you agree that we are insolvement??

I do get a bonus but it's irregular and not a huge amount.

Thanks L

HI Andy, Thanks for getting back to me: here it goes: Morgage Secured:|£149,823 (flat now reduced in value to £145k)(flat has a tennant in it) Mortgage Unsecured: £29,968 Egg: £14,431 Citi Financial £7000 Student Loan: £5959 (this is the only one that is not a joint loan) Lloyds TSB O/D: £1500 husba...

Hi Everyone, Myself and my husband have made the decision to go BR, after being told that we would not qualify for an IVA, just got a question? We sometimes have some money left over at the end of the month which would mean we are not insolvent? So what is the criteria for going BR? We have been tol...

Thank you guys that's great advise.

Melanie, would you mind having a chat with us? what is the best way to make contact?

Thanks again

Lisa

Hi, I'm in a decision process at the beggining of our IVA. We have had our pack from DFD with lots of errors, I haven't been able to find any positive feedback on any of the websites. So just throwing caution to the wind, I want to know whether anyone has ever completed an IVA with DFD or had a good...

Thank you so much all - we have certainly got some thinking to do!!!

I'll be back soon this forum is great!

nite nite Lisa

Hi Barb and Hippy Chick,

Thank you for replying. Are you both with dfd?

Thanks

Lisa

I think you are right Melanie, it is a big decision and if mistakes are being made already then what is to come? The creative mistake wasn't the only one, errors have occured in a variety of places of which I have provided them with documented evidence which all they needed to do was copy. I have no...

Thank you Melanie for getting in touch. We are happy for our house to be handed back to NR as we don't want to live in it. We have been told as you have already mentioned that the creditors would not let us keep the property on anyway. What most concerns me that the creditors wont get paid once we e...

Thank you Quark, i'm definately considering Melanie as really want to make the right decision.

We just feel that we seem to have gone quite far down the line with DFD. Would you recommend re-considering our provider?

Many thanks

lisse

Hi, I'm new to this site and just about to enter into an IVA!!! My story goes like this. Myself and my husband have accumalated £64k in unsecured debts mainly by the age old trick of consolidating our debts and ended up in more debt than what we were in the first place. We own a tiny flat which has ...