Losing my house - how long ?

[Mark J Bateman]

If anyone could advise me a few things

Two years ago due to a Legal despute I lost my business, i had alot of unsecured and secured debt and as I wanted to pay back people I woed I seeked advice of a debt specialist

As soon as my mortgage company and decond charge loan found out (as I was in arrears with both) they both took me to court - SMPL got a suspended possession order and Black horse got a something called a deed of postponement

When i first put my IVA togther it was usggested that I could afford around £325 - fater the Inland Revneu postponed the meeting twice saying I was living too comfortable I had to agree to £575

For teh last twleve months or so I managed to keep on top of these things (just) but over the past three months it had been very difficult being able to work without the stress

I have been in constant touch with my creditors but someone in litigation from spml called me out of the blue yesterday and said we are going ot repossess our house - i am not sayingthis but she actually sounded proud of this

She was also abrupt and quite rude - she said that they could get a bayliff out there within a week unless i paid the money now

I managed to creap round her - that took some doing and postponed it until 10am thursday

The amount there asking for is £3900 - needless to say I havernt got that

I have a remortgage going through which I think is wjy I have upset SPML

Questions are obviouly

Where does anyone go when its this close to repossession
What time limits do I really have to raise this money
When i applied on line for an unsecured loan i get letters dsaying they have a loan but I have to send £49.95 first which i dont believe

Can anyone on here who is specilised at this sort of thing get hold of it and help

All I want to do is get on with working to get out of this

You can Pm or on this forum I dont mond - I dont have anyone else to turn to

[cdfinserve]

Mark how much equity do you have in your house?

You will have to get your insolvency practioners agreement for a refince of your blackhorse loan

[profitxchange]

Go to citizens advice!

[Ender]

Contact your insolvency practioner who set up the IVA. As I understand it if you keep your side of the IVA, your creditors aren't allowed to contact you by law. the only exception would be a new creditor who wasn't notified of the IVA application.