Hi abcdefg. Thats good news. Who were your creditors and in the end what p/3 did you pay back.

Melanie... So I presume that the Card Balance would have to be thrown into the Debt Balance and the amount that he is paying off the card would have to be combined with the amount that I can afford to pay on a monthly basis. Problem being how would this work in a F&F situation. Although I want this ...

Evening all. I still have more questions as I try and decide what are our best options. 1.If i decide to do a DMP and my wife an IVA, how would the income be calculated. My wifes income is about 20% of mine.Also how would the expenditure items be calculated. I presume that she could not be expected ...

David...I think I certainly agree with your comments . Let those who have experience deal with the situation. My only concern was that obviously as a plus point to the creditors would be the additional monies out of the F&F settelment they would receive if there was no IP fees to pay. My intention w...

Have a nice evening.

Do you ever stop working? All day and night? Definatly committed to the cause.

Although I am considering and Short IVA (hopefully) do you think there is ant mileage in attempting to make F & F Offers in advance. As part of my job I negotiate Contracts and Final Accounts on a daily basis. Not with my own money though. I appreciate that the intervention of an IP makes the whole ...

Melanie...I contacted your office earlier today and as discussed with a very helpful lady I shall forward and email complete with Spreadsheets indicating Income and Expenditure as well as full details of the debts. On another matter I have today had a letter from Amberloan (Skitby BS) advising that ...

Melanie...Many thanks for coming back to me. Your opinion is appreciated.

Melanie

Would you mind please reviewing this thread. I intend to try and contact you during tomorrow/Tuesday to discuss further but would like your opinion. Especially in reference to the typical actions of my creditors, more so at this time when the country seems to be in such a state.
Many Thanks

David. Thanks for those comments. I have had a conversation with my Accountant and he has agreed that based upon the monies that I have previously re-invested into the business and the minimal value of the business assets I should be okay. More so on the basis that I would still assist in any furthe...

Good luck. Hope all goes well and things work out the way you would wish.

Jan. Hope all goes well.

Melanie. Thank you for coming back to me. I have been watching the post since last night when I posted the Blog. From all the information available here on the forum I will without doubt take on board any comments you have. In regards to the Limited Company. During the period in which our personnel ...

Andy
Equity at most would be circa £80k at full loan to value. Based on 75% which seems to be about the highest I could get, this would create the £60k noted above. Problem we have at the moment is not as such being excepted but the affordability as our DD's and Debts are so high.