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Posted: Thu Feb 14, 2008 2:48 pm
by introuble
I am enquiring with some people regarding the possibility of an IVA with 68k for my husband and I. However, I said we can afford 550pm and some are saying thats not enough. I thought we may stand a chance on that - advice anyone?

Posted: Thu Feb 14, 2008 2:51 pm
by MelanieGiles
Hi there

I would have thought that this would make a very good offer, but it depends on the creditors you have as some of them - for instance HSBC still have high hurdle rates.

Could you post a list of your creditors so that we can advise further.

Posted: Thu Feb 14, 2008 2:56 pm
by introuble
Halifax, Cahoot, Northern Rock and GE Money

Posted: Thu Feb 14, 2008 3:27 pm
by Lisa2009
Can you post the ammounts you owe to each?

Posted: Thu Feb 14, 2008 4:22 pm
by ianmillington
Did you speak with Northern Rock as recommended in another thread?

Ian