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by steve.w
Sun Jan 28, 2007 10:45 pm
Forum: IVA postbag for january
Topic: demand for just over 30k which I cannot pay
Replies: 12
Views: 2352

Okay, I will do that.
Many many thanks for your help!
Fingers crossed...
by steve.w
Sun Jan 28, 2007 10:38 pm
Forum: IVA postbag for january
Topic: demand for just over 30k which I cannot pay
Replies: 12
Views: 2352

The house is in my sole name.
Divorced and single.
I haven't told the people I am getting the loan from about this debt, and yes, it is a secured loan.
How do I contact someone about an IVA?
Do I just pick a Solicitor from the Yellow Pages?
by steve.w
Sun Jan 28, 2007 10:27 pm
Forum: IVA postbag for january
Topic: demand for just over 30k which I cannot pay
Replies: 12
Views: 2352

House value - £110,000 Present mge - £85,000 Debts Car loan - £7500.00 Couple of credit cards - £1500 Inland rev - £31,000 Tried to remortgage, but they said no. I can get a loan for £20,000 which is underway at the moment, but to pay it, I have to clear my other debts, leaving this one, and the mge...
by steve.w
Sun Jan 28, 2007 10:18 pm
Forum: IVA postbag for january
Topic: demand for just over 30k which I cannot pay
Replies: 12
Views: 2352

I have a couple of smaller debts. My house is mortgaged to 85%, and I am just taking a loan for £25k. I am intending to pay my other debts so I can keep up the repayments on this one. I hope to be left with around £10k, which I could offer them, but thought I would start with a lower offer so I can ...
by steve.w
Sun Jan 28, 2007 9:37 pm
Forum: IVA postbag for january
Topic: demand for just over 30k which I cannot pay
Replies: 12
Views: 2352

You are correct, the statutory demand is indeed from the Inland Revenue.
Do you think they would accept an offer of £5000 and the rest over several years?
by steve.w
Sun Jan 28, 2007 2:47 am
Forum: IVA postbag for january
Topic: demand for just over 30k which I cannot pay
Replies: 12
Views: 2352

I used to be self employed, and now find myself with a statutory demand for just over £30k, which I cannot pay.
I have £5k which I could pay them now, and the rest in installments of up to £100pcm.
Would they accept this?
Thank you for your help!
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