Advice, Help?

[lofty1979]

I have no assest at all, i live in rented accomodation, have never had any savings or anything such as a car, any items i have in the house are of low value (I've tried to sell them to help with the current costs of living, but had no success).

[kallis3]

BR sounds like a good option to me Lofty.

You can start again with a clean sheet and have no debts hanging over your head.

[lofty1979]

But will my remaining creditors come back and start harrassing me? They weren't a problem before as i was in control of my own debts, having only entered into the IVA to try and help out my at the time wife, and I really don't want to be pestered.

[kallis3]

If you go bankrupt then all your debts will be included and once you have been declared BR then your creditors cannot come after you anymore.

[lofty1979]

had a chat with them today, apparently there is no such thing as a payment break, but was advised that I could stop my standing order for a maximum of 3 months before a notice of breach is served, which if i did that would of course push the running time of my IVA up to the beginning of 2011.

Also asked about a full and final settlement figure and was told that if i was to attempt to go down that route, i should try and make an offer as close to my final figure as possible, which is a bit of a b*****.

[kallis3]

Most IP's will authorise a payment break, which is not the same as just missing your payments for three months, so that does surprise me.

[lofty1979]

Not mine seemingly

[kallis3]

Try emailing your IP direct rather than speaking to the office staff.

You may find it helps and you can find their address via this link:

https://www.insolvencydirect.gov.uk/isolv/

Who is your IP?

[lofty1979]

I am in written, email and telephone contact with my supervisor a lot, so i'll see what i can do