I was also in the same position and had multiple extensions to iO . Nram refused it in the end and insisted on repayment. My supervisor had to arrange a creditors meeting to make a reduced amount offer that was hank fully accepted. The increase was over £500 a month thus reducing my dd payment to th...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by Traceyd0137 She told me to send all correspondence in with the forms. I don't want to send correspondence for this to be deemed as authority!!! Was basically told that they are going through my entire ...

Hi everyone . I have a variation meeting today as my mortgage payments with Nram have risen significantly as they wont renew my interest only mortgage . I have been on interest only for 4 years and have 24 payments to go on a 6 year IVA. The question i hope someone can help me with is that my paymen...

Melanie
I think that it still stands and hsbc did not have the controlling value of the iva proposal so went along anyway . seems mad that they still wont budge especially as current banking sector is in a real mess and i am convinced there will be bankrupsy on mass in 12 months or so .

Thanks melanie . I have heard that this is a benchmark that they will not budge on . thanks for all the advice .

I understand everyone is entitled to an opinion and respect that . I am simply looking for the best way of securing a future debt free with out losing my home . can i ask in bankrupsy if there is negative equity can an oc still insist on selling the house or after the three years is it legally mine ...

Hi In a fee paying DMP you creditors receive more. In the vast majority of IVAs your creditors pay the IP fees,not you.You will pay the same each month regardless of the fees. Quality of service is far more important than fees If you have no equity in your home then in bankruptcy it is possible for...

Any insolvency practitioner would be happy to talk to you about IVAs or any other form of debt solution. If you prefer to continue the DMP with a "non-profit" organisation - try the CCCS or Payplan. thanks melanie i guess i am really worried about the prospect of bankrupcy and losing my home . Is t...

[quote] Originally posted by steabbott [quote] Originally posted by MelanieGiles I certainly cannot see the benefit in you carrying on paying under a neverending DMP - unless you are motivated to pay off all of your debts in full. An IVA is a definate possibility based on the brief information you h...

I certainly cannot see the benefit in you carrying on paying under a neverending DMP - unless you are motivated to pay off all of your debts in full. An IVA is a definate possibility based on the brief information you have already provided, however this would involve you making ongoing payments for...

hi can anyone help . i am sure you have all heard this before but i am with a fee charging company that is acting as a 3rd party to help me deal with debt . i am married and have the following 132000 mortgage 36000 secured loan in both our names house is valued at 150000. i also have a unsecured deb...