I am new to CAGS and am unsure of how to post in the correct Thread. I had a Limited Company that was suffering cash flow problems. My Business Bank Manager at Lloyds TSB suggested that I used their factoring service Alex Laurie. A representative of this company came to my house and said that they could only take me on a s a "Sole Trader". The service was expalined to me that I would pay a certain amount per month plus a % on any monies factored. It was also explained to me that Alec Laurie delt with outstanding invoinces to me through their legal department. That was what I was paying the fee for. A client refused to pay and Alex Laurie said that they would not chase this invoice but, I could pay them £500 per month to discharge what I had been fronted. I started this but missed one payment and they made me bankrupt (August 2010) I sought out a company dealing in IVA. I feel that they have been lean with advice and most unhelpful. I was told by them that I need to pay them £1,000 per month for 6 years and then I would be in the clear. I explained that due to the nature of my business I could not meet these amounts. They told me I needed to t/o £7k per month to pay them and pay my outgoings. I sought the advice of another IVA company through the CAB, who informed me that I should fail and then I could transfer to them. This I did. I was discharged in August 2011. The OR informed me that I no longer owed the debt (Have equity in my property). The IVA company that I was most unhappy with then made themselves my "Trustees". I am finding it difficult to get any sense out of them, my house has now been registered to them. I am told that I can pay my debt through a 3rd party. I have a friend who is prepared to discharge my debts for me but: I am unable to establish a figure and a debt on bankruptcy that has been claimed by creditors is £25,207.30, of which I am unclear about £8,612.13. I have paid £5k through a tax rebate to the "Trustees". The amount I am now being told that I need to pay to discharge this debt is £94.664. What options do I have if any? I have offered to start paying monies monthly as and when my company recieves funds, and my friend has offered to pay an amount as well. I am living day to day wondering when I will get a knock on my door and be asked to vacate. I feel that I am being railroaded and unable to get any sensible advice. Also I have now been unable to pay my mortgage for 3 months and am in court on the 5th September for a repossesion order. I am due considerable funds through my company on the 9th September. I have spoken to my mortgage company who say I could possibly change my mortgage to buy to let and with the help of my friend obtain this. I would ideally like to let the property out as the outgoings are way below the income it would provide. Also along line with the mortgage I have a secured loan with Blemain Finance which was for £32k this was taken out over 5 years ago and I have been paying £360 per month. Blemain say that if I repay this loan early I will have to pay them £44k. I have so many issues to resolve and I need to find away to sort this out.