My current fix rate deal will end in 2.5 years, would it be possible to find new deals easily with an IVA?

I am 3 years into a mortgage and 6 months into an IVA.

Good luck and hang on in there!!

My IVA was adjourned with 74.5% voting yes and NR voting no with 24.5%.

On the final day of the adjournment my remaining creditor accepted and I got it, the stress was horrendous, so keep pitching

IF YOU COMPLETE THE CCCS DEBT REMEDY TOOL ON THEIR WEBSITE, THE ALLOWANCES ARE HIGHLIGHTED IF YOU EXCEED THE RECOMMENDED AMOUNT. tHIS WOULD TELL YOU THE AMOUNT.

IT DOES SEEM LOW, WE ARE A FAMILY OF 2 ADULTS AND 1 CHILD AND WE GET £392 A MONTH

They voted "no" to me with a higher dividend, but that was because they wanted me to switch from my repayment mortgage to that of an interest only 1. They are difficult to please, but fair in my opinion. They held 24.5% of the voting with my IVA but all my other creditors accepted and they were out ...

Thanks Adam16.
I agree entirely with the 50 / 50 split with OT & bonus' but if it is a total job change with a "good" increase to your basic salary, would that not have to be taken into account if you have say 6 months from now to the annual review?

hello oh2bdebtfree (clever user name!!) I am not 100% sure, but are you not supposed to provide details of any increases to your monthly salary as they happen so that you make the neccessary contribution towards clearing your debt? I am only raising this point as; if you dont declare any "over and a...

Don't try and use your Electron card on the M6 Toll, it doesnt work, I had about 50 irrate drivers behind me when it kept refusing me!!!

Its the only time the Co-op visa electron has not been accepted anywhere for me

If you go into the CCCS website and undertake their debt remedy plan, this will give you their guidlines as you complete the plan. It is also a good tool to use as a memory jogger for things you might not have accounted for

go onto the CCCS website and complete the debt application tool; if nothing else it will show you the limits for items you can apply for. For instance, I live with my partner and 9 yr old daughter and our maximum food allowance is £392 a month. It will detail all the guideline amounts they allow are...

Hi,

If the valuation is in regard an IVA, my IP accepted a valuation from 'Mouseprice'- it costs about £20 and they send you a valuation in a PDF format

hello david, I have been were you are now only 2 months ago. I have about £55k worth of debts and until I actually got to assessing my situation, I thought I was ok. When I went on the CCCS web site and did their appraisal, they recommended bankruptcy (there was some incorrect figures there though) ...

Hello Andy, I have just had my IVA accepted and went through a bit of grief with Mercers. When I got the chance to actually tell them that I had applied for an IVA and was awaiting my date for my creditors meeting they only made a call about once a week. If you can actually get to speak to a Supervi...

Well I have been living to my new budget hoping that my proposal would be accepted.So far I have been ok, first proper payment made, but I have been working to my budget for 3 months and managing thus far ok

In reply to voting or not voting James; the only real element that counts is that you get 75% in monetry value to accept. You might only have 2 or 3 creditors and the balance neesd to swing in the "yes" direction. At one stage I had 74.8% voting yes (monetry value) and had to wait until enough credi...

Hi, I have just had my IVA accepted and have had an allowance of £50 per month alocated for my partners debts as she cannot work due to looking after her sick father. My partners debts are slightly less than £2k so I wouls look at possibly having this included within your application. Good luck whic...