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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 lilydaisy[/i] [br] We are in the process of proposing an IVA with a return to creditors of 58p/£. We have no equity in our house, so are offering an additional 12 months payments. If the creditors reject our proposal we will file for bankruptcy. This would mean the OR taking both cars (valued at 9,000 each) The up side is that we would pay into the IPO for 3 years not six, and from reading various posts here and elsewhere, are likely to make lower contributions than in an IVA. Has anyone got any thoughts? Thanks LD [/quote]   Check here to include your profile signature.