25% minimum - is this right?

[ianmillington]

As stated earlier Ricky, most of the creditors look at the best offer. Without much fuller information, it would not be possible to say what your interest in the property would actually be perceived to be by your creditors. All I can say is that, based on the raw facts, I see you struggling to match your expectations with those of your creditors.

I'm not saying an IVA could never work for you, particularly if your proposal gives a blow by blow history particularly relating to the property, but if your case had been straightforward and 22p in the £ was all you could do there is every prospect of your IVA moving forward now.

I note Oliver has stepped onto the scene and would recommend you listen to what he has to say.

Ian