Cheers David

My point exactly!! If only we could get an answer!!

I am not a postman, milkman or golfer!! I work for a construction company

Thanks for the response. We have informed Debt Free Direct abouth the situation and reminded them that there is a windfall of about £15k due in three years due to payment protection rebate. We are still waiting to hear back from them some weeks later... This is, to be fair, the first time that we ha...

If my creditors will not change the terms of my IVA then I may have to declare myself bankrupt. How does this affect my job etc?

Part of my IVA is that I have to sell my house before I start paying my creditors. With the current conditions the house is now worth less than my mortgage and secured loan. If I sell at a reduced price then I will not be able to cover these let alone start paying my monthly contributions. I only ha...

Good luck Chardonnay!! Hope that it all goes well for you... We actually got a call from the estate agents this morning asking us do reduce the price of the house! I don't think that this is going to happen!

We have tried to contact them but get the brush off - they have signed up to the IVA so there is only a limited amount of damage that they can do! I will let Debt Free Direct sort it out - after all they are getting well paid to do it!!

Spot on Melanie - with the mortgage and secured loan Debt Free Direct told us that our creditors would not accept an IVA - they did tell us this before they asked them though!
We still have 6 months to sell and so I think that it would be better to wait until after Christmas to start the ball rolling!

I also have an account with Barclays who keep adding charges every month - when my statement comes this week the charges, if added, will take it over the od limit! I have been in touch with Debt Free Direct and sent them my statements every month and they have said not to worry as it is just a diffe...

Hi everyone! Just after some advice please... We have a mortgage and a secured loan against our property and have been given a year to sell before we start payments on our IVA. The trouble is that with the housing market as it is right now we have not had any offers on our property and the value is ...

Thanks to all of you! It means so much to know that I am not alone!

Cheers palsticdaft!

As our IVA lasts for 6 years and we have a year to sell the house before it kicks in we should be ok!!

Hi CPK - I do not know where you live but most estate agents will come around and give a valuation. They will then give you the hard sell but if you let them know that you are getting some other valuations they will usually not push it but instead offer you incentives to go with them. In the present...