Question: I filed for an IVA in Nov 2007 then lost my job and had to move from my accomodation as it came with the job. I had one telephone conversation with the IP but have heard nothing since and it is now nearly 3 years later. Would they have now declared me Bancrupt , [...]
Question: I am in a iva at the moment but i am really struggling to pay the 145pound a month. i work nights at the moment but will have to go on to days so i will lose 60 pounds. I have a secured loan with my mother of 25000 pounds. The loan is in [...]
Question: I own my house solely but will it be affected if wife goes bankrupt? I own my house which has @ 100k equity in it at the moment. There is a possibility that my wife will not be able to keep up the repayments on her IVA due to losing her job. by not [...]
Question: I had an IVA which failed as found out we were still not paying of our debts as the iva company said they would take the first payment and there after be split between our debts, but then found out that they don’t pay anything for a year. now the iva has been canceled [...]
Question: I am going bankrupct after deciding iva is costing us too much Someone on here had posted a question about the waiver for bankruptcy fees and they said you would qualift if you earnt £14 k a year if you are doing this with your husband do they look at your earnings together or [...]
Question: I am in an i.v.a but cannot afford to keep up the monthly payments. If i stop paying my i.v.a does this count as a default on my credit history? Answer: Technically just by being in an IVA it is defaulting on the original terms and conditions of a loan or credit card, it [...]
Question: I have recently taken a drop in hours at work and cannot meet my i.v.a payments so am looking into going bankrupt. When going bankrupt they ask for three months wage slips and bank statements. If two previous statements and slips show higher earnings then my most recent due to taking a recent drop [...]