Sorry, I didn't get the company's name as I thought it was dubious for them to call and know of my financial situation and offering 'help'. He only caught a little of my attention when he mentioned cases when assets were not decalred. But then hanged up as I really felt it was a con.

Would your property abroad be confiscated/sold if you don't declare it in you IVA or bankruptcy and they find out about it? What is the worst thing that could happen? And how can they find out if you have a property in any part of the world? The reason I'm asking is an IP (not listed in this forum)w...

Is there any equity in the foreign property currently? I will have to have it appraised as I really haven't got a clue. But because of the economic climate in the US, I assume that properties have lesser value now than it was years ago - just like here in the UK. If that is the case, will my asset ...

Not sure if there is equity at all as if i remember correctly, I still got about 15 years to go for the mortgage. I would imagine it the value has appreciated through the years, but by the time I finish payments, I would've probable paid over its value because of the interest. How do they compute if...

I know I am new to the forum but just want to share my experience with post dated checks.

I once issued a post dated check and then the person I wrote it to deposited it into his account weeks before it was even due, and it went through. It certainly messed up my budget!

Thank you experts for your quick replies, hugely appreciated. Mel, why won't IVA or BR allow me to support my parents eventhough they are solely dependent on me? How will they live without my support? For BR, will they only look at assets I have in the uk or would they also look at for instance the ...

Help! Depressed & stressed! Hi all, I'm new to the forum and I'm glad i found you guys. I am single and with an unsecured debt amounting to around £45K, I feel so hopeless in my situation. I want to go into IVA as I did borrow the money I owe and am compelled to at least pay what I can. However, the...