So..... the Assistant Manager in the supervision Department who is "looking after" my case came back to me to let me know that she may need to call a creditors meeting to discuss my monthly payments as above.
I have been looking back through my original proposal and really dont get it and I think she is wrong but I now have to wait till Friday to see what happens.
She did say she would discuss this with the IP and I trust he will have my best interests at heart and not want to see the IVA fail. I just don't have much faith in the Supervisor as this is not my first run in with her and it would appear she takes pleasure in causing me grief and taking the longest, most complicated route.
I now have three days of stress and worry which I really do not need and another six years of annual reviews to come providing my IVA is not failed.
For the record my I&E only shows my payments coming in and the things I pay out for, otherwise I guess it would not be MY I&E, I dont smoke, I dont drink, I dont have Sky TV but then I havent claimed for any of them either.
oh thats not fair. is there a chance you could just go round her, give them a ring and ask to speak to the IP by name. if they say not available don't leave a message ring again half hour later, and keep diong that.
sounds like this woman being a total B and unprofessional.
If there are no provisions written into your proposal to increase your payments to £520 in the second year as a result of your mortgage savings, there should be no need to go to creditors. A creditors meeting is only needed at annual reviews if you need to reduce your original payment by more than 15%. You are offering to pay £40 more than the original proposal and living costs have eaten up the remaining £60 of the saving. Fair enough!! Just have a quick read of your proposal to see if it says anything about increasing payments in year 2 and about what is in the ip's discretion and what needs to go to creditors.
I was recently told something had to go to creditors and it was actually within the ip's authority...so mistakes do happen. FYI, it was dealt with by the ip.
you are right, I have read and re-read my proposal and the only uplift comes in the third year when my car HP payments have been completed, I have no problem with this uplift and fully understand and accept it.
I believe it is the supervisor who is at fault again ( yep, not the first time ) but there is no reasoning with her so until it goes to the IP I cannot relax.
It is unfortunate that she is the client facing person in the office as everybody else I deal with there is absolutely wonderful yet I have to go through her.
You can get your ip's email address from the Insolvency Service website. I forget the link but a google should find it. Hope they sort this quickly as it's amazing how much stress a couple of quid can cause in an iva!!
Who would have thought £60 a month could cause sleepless nights.
I am waiting for Friday to see if I am having to face a creditors meeting though I am not sure what they would be told if it ever came to it, but once I know the outcome on Friday then I will take this further.
Sorry but been worrying about this and now wondered if a creditors meeting is called then will there be an additional cost and does it go down on record that I had a creditors meeting ( are you only allowed so many and stuff like that )
Sorry, this is like the stress when I was first waiting to find out if I had my IVA approved and that is over a year ago now
Right, I must stop worrying....what will be, will be
There will be an additional cost, but it comes out of your IVA pot. Don't think there is a limit to how many you can have.
One of the experts will help.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Hello everybody, haven’t posted for a while but check the site regularly. I seem to be having a similar problem.
Just had my third year review and rather disappointed and perplexed. Have to say my case officer (well known and reputable company) seems to see the new CCCS guidelines as set in stone. Despite both our incomes going down due to an hours cut (£93 per month) case officer has reduced or taken away some of our allowances and increased our payments by £140 per month.
School Trips – loss £12 - no longer allowed !
Pets – reduced by £15 to cover insurance and vet only (food now included in housekeeping)
Childrens Pocket money – loss of £20 per month (included in housekeeping).
Telephone internet – reduced by £23 per month (get cheaper provider)(while in an IVA?)
Sports/hobbies – loss £20.00 – no longer allowed !
My mortgage payment has also just gone down by £50.00 at Christmas.
Having said that they have ‘kindly’ increased my petrol from £100 to £120 but no increase on anything else !.
The rest of my allowances are set at the exact cost, council tax, car insurance etc. All my other variable allowances are set at the relevant CCCS level.
My ‘housekeeping’ budget is set at £500 per month (2 adults 2 teenage girls) which includes provision ! for food, toiletries, school meals, meals at work, smoking, car parking, additional costs for any of my wifes work training and now obviously dog food.
We are now paying £700 per month jointly against an initial proposal of £260 so I do not see how the creditors can grumble having both got new jobs just after the start.
In addition we have a new case officer and I cannot help but form the impression from her tone and manner that she must have previously worked for a debt collection agency since it is now like speaking to one !
I am already miffed that having wrote to the company mid last year after the review they conceded that it had been incorrectly calculated and we had been overpaying by £110 per month for the previous 8 months (0f course you don’t get that money back) but the payment was reduced.
To finish off I am now considering, with just over 2 more years to go, going bankrupt. I cant see that I will be any worse off but with income going down and prices going up I do not see that I can manage these extra payments. I already feel squeezed to the maximum as it is and in reality I struggle to make the current payments now but this increase gives me no incentive to carry on. In theory I thought my payments would go down.I have written to the IP direct since I think the case officer has misinterpreted the fact that these are ‘guidelines’.
Greed that all sounds bang out of order, I really hope the IP comes back to you quickly with a positive outcome. Are you not able to actually speak to the IP yourself or is it a case of the case officer is a pit-bull
It certainly sounds a little harsh, and you should speak to a senior manager or your IP to find out exactly where these requests have come from, and why on earth you weren't told earlier if this expenditure is unacceptable.
Hi Wuffy,
IPs are entitled (but not obliged) to take a fee each time a variation is proposed- the amount will be mentioned in your proposal and sometimes capped by creditors.
The number of variation meetings you can hold is usually limited by your IP's discretion and your creditors' patience. However, as long as your situation is relatively stable then a single well-written variation should be enough to get you back on track.
My issue is that Im not off track, even with my new I & E whoch I have submitted paying £40 more than my original agreed figure of £420 a month I am being told that they made need to call a creditors meeting.
Its Friday and I still havent heard anything and I klnow people will say speak to your IP but sitting in a very open office it's not the easiest of things to do.
so I sit, I wait and I become more and more stressed
Wuffy, that's not good and I do sympathise with you not being able to speak to your IP whilst at work. I wouldn't be able to either.
I hope they come back with a positive answer.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
