I have had a letter asking for money from 2005 for overpayment on an insurance policy paid to me. The company made a mistake and overpaid me by £592. The letter states I need to repay this in 14 days. I am curently in debt and don't have this type of spare cash. Can they demand this £ even though it...

Thanks Viki, I'll have a look and see if there's any that I can use.
Cheers Jane

Thanks for your advice, I'll speak directly to my credit card companies and go from there. Thanks Jane

Thank you for your advice ref IVA. Can you advise me if there is any way I can stop my credit cards adding the interest each month? I am looking to find a new job asap before I look to start an IVA but if I can combat to high interest payment that would really help. Thanks Jane

My salary is very small, just under the 603L tax bracket for the year. I am currently looking for a new job and therefore would only be a director on paper of both companies but not drawing a salary/dividend. As the one company can run with my part time member of staff, I can seek employment elsewhe...

Thank you for your reply. Can you explain what you mean by 'Do the companies allow you to take a sufficient drawing to enable an IVA to be presented?'

Thank you for your reply. Can you explain what you mean by 'Do the companies allow you to take a sufficient drawing to enable an IVA to be presented?'

I am currently struggling to meet payments for my credit cards and loans. I am thinking of applying for an IVA but I am a director of 2 small companies. Will an IVA affect my companies or my status as a director? At present neither company is in profitable situation.