www.iva.co.uk

In your experience, and in the current climate, what level of dividend would creditors be prepared to accept as a one off single payment IVA? If this is determined by level of debt, its around £108,000. My IVA proposal has hit a temporary problem as Mel knows, and it has occurred to me that my parents house is mortgage free, and with interest rates so low at the moment I may be able to talk them into releasing some equity to enable me to do a lump sum IVA. They are unaware of my debt problems however, so it will take a very serious chat with them, but I'm just trying to explore all options. If those of you who have recent experience of this could give me a ball park figure that would be great. Due to my partner recently losing her job, I am not in a position to offer any monthly payments at the moment.

Just wanted to say well done to reaching this stage - your suggested idea is one that I am sure many of us have thought about - however I know my parents would not have considered this as this was their security for later on in their lives - maybe your parents will different - good luck with it !

Uptomyneck

Can we discuss this off-line rather than on a public forum. I will be in the office all afternoon, so if you give me a call we can talk through some options.

Melanie is right - its her case but as long as a reasonable "offer" is made then a lump sum is achievable - good luck

On the grounds that this is Melanies case, and she has replied to her client, I am locking this thread.