Sometimes the creditors can be petitioned and agree to forgive the statutory interest -- check your proposal -- on occasion it is already excluded in the terms.
The key here is to getting a current valuation and see if you can wriggle your share to under £5k...
Who is onlineUsers browsing this forum: No registered users and 19 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location