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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by Crockett[/i] [br]Hi, I phoned the Bankruptcy Helpline this morning and left a message but have yet to receive a call back. Does anyone know how long this takes? I'm desperate to speak to someone regarding bankruptcy as the creditors meeting for an IVA is scheduled for 9 Jan and I am not convinced an IVA is right for me. I have £68k debts the majority of which are with Northern Rock (a personal loan and the dreaded together mortgage). My house is in negative equity and I am able to sustain the mortgage payments I will also be able to get someone to buy the BI as I do wish to keep the house. I have no other assets, my car is an old polo worth £350 and that is about it, just the usual household goods but nothing like a flash telly. I have been advised that my IVA will be over 6 yrs but the equity release clause in yr 5 could potentially make it 7!! Whereas I am aware that the IPA payments will only be 3. Are a similar set of criteria used to calculate your disposable income for IPA as with IVA as I am concerned that I would be a lot worse off going for bankruptcy. My IVA payments have been calculated at £400 per month if this helps. Am I correct in thinking I will not be able to include Sky payments or payments to Talk Talk for combined landline and broadband? Is there anything else I can include in IVA that I can't in IPA calculation? One more question - what is the likelihood of discharge after 12 months. My debts have been accrued over a period of about 9 yrs. A bad, mentally abusive relationship left me with debts of approx £30k about 7 yrs ago and since then I have basically been robbing Peter to pay Paul by taking out further credit cards, loans etc all in the vain hope that I would be able to sort it all out somehow. Grateful for any advice. [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.