www.iva.co.uk

For Melanie.
Ive had a £25000 loan from them for 31 months AT £273 per month and never missed a payment until this month.
My IVA proposal is due to be heard on Mon.
Offered 25p in the £.
Reading your comments about Northern Rock will the above be looked on favouable?

It is very difficult to say jandd without knowledge of the full facts. It will depend upon the nature of the offer you are making, and whether Northern Rock have an influencing vote - ie they are owed more than 25% of your aggregate debt. They will want to be assured that you are putting the very best option to them, and the reasons why you no longer are able to maintain your contractual payments.