No the parent contribution was a gift for us to do with whatever, we were honestly going to keep it as back up money in times of need on the DMP. But because of the offer from MBNA which they started at 40% but i managed to get them to down to 29%, plus i have read that MBNA are against IVA'S and th...

My thinking is the amount we will owe will be reduced, so even though the disposable income will be exactly the same due to the fact the debt will be less does that not mean we will have more chance in been accepted. Our rough figures were £80k debt iva payments were calculated around £400, but our ...

Sorry should have said, not in a IVA just entering a DMP, tried for a IVA but not enough disposoble income,but clearing the MBNA debt should allow us to try again for a IVA. All the other creditors have agreed to my DMP payments,MBNA are the only ones who came up with a settelemt offer. The debt set...

Just been offered a partial settlement from the MBNA works out at 29% so happy with offer,but am a bit worried at the wording partial done a google search and get lots of comments about how they could come and try and get more money of us at a later date or sell it to a third party who may try and g...

Our debts are about £80k we got told we need to pay around £400 a month when they ran through our incomes they told us we had around £300 a month so the short fall been £100. My wifes mum has just recieved around £20k so is willing to gives us £100 a month for the next 5yrs, but not all her money th...

Disscused a IVA with a few practitioners who all came up with the fact we did not have enough dissposible income, and since been put on a DMP but in the last few months one of our parents has come into some money, not enough to pay off our debts but enough to help make a monthly contribution over 5 ...

Hi - can someone help us please ? Between my husband and I we owe approx. £90k - we bring in £1900 per month and our mortgage is £770. We will have some equity in our house in 4/5 years but have been advised before that we would not qualify as not enough money coming in and should look at going bank...