www.iva.co.uk

Like i stated in my previous post PHONE CALLS our IVA proposal has gone out to creditors (yet to hear of date) We owe £57,00 and our IP has proposed £200 per month for the first 7 months and then when our son starts school (nomore childcare to pay) the rest of our payment will go up to £375. Do you think we have a good chance of this been accepted due to the increase in payments in 7 months time?

Our creditors are:-

MBNA
CAPITAL ONE
MORGAN STANLEY
OPEN AND DIRECT RETAIL SERVICES
ABBEY CREDIT CARD
ABBEY LOAN
ITELLIGENT FINANCE
ABBEY BANK OVERDRAFT
ARGOS

Once i know the date I will be a nervouse wreck (AGAIN)

Youve all been great by the way, and i always know when asking something on here you always get replies.

Thank you all

Hi again

That looks like a reasonabl offer, so long as MBNA do not represent more than 25% of your aggregate debt as they seem to have a general policy of non-acceptance presently.

Good luck and don't forget to let us know how you get on.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

No, the highest creditor is open and direct retail services £15000 and the other highest are abbey loan, abbey credit card,abbey overdraft and itelligent finance.

All looks well, and good luck with your offer!

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk