Tue Mar 15, 2022 3:53 pmFoggy wrote: Which firm are you with ?I don’t think I’d be able to go bankrupt I’d be able to maybe pay the same as I was or maybe a bit less it would be tight but as you can imagine month to month baby outgrows things I have to buy nappies wipes milk toys, petrol prices are mental they don’t take into account stuff like this, I’m probably spending 3-400 a month of my 2600 pay just on fuel with car insurance tax etc bills rent shopping I’m lucky to have between 150-350 a month left over feeding and housing me the Mrs and my little one.
Demand a copy of their calculations, so that you know what you are arguing against.
Is there any reason why you cannot go bankrupt ?
With the wife's lost income you might even qualify for a Debt Relief Order if you can get your disposable income right down. Your local CAB should be able to help with this. ( https://www.citizensadvice.org.uk/debt- ... d-to-know/ )
Tue Mar 15, 2022 9:29 pmluluj wrote: Totally agree with Foggy. That's an increase that is neither realistic or sustainable and your IP needs to complete a full review of your circumstances to offer support etc. Let us know how you get on..To be honest I can’t call as I’m not even left with money for credit now and my 4 month old is more a priority than the Iva company to me I’ve never even been told by them who my ip contact is I’ve just dealt with different people there every year so have emailed the 3 emails direct to people there that I do hold who I dealt with when I set it up asking for my correct contact email and that I have no credit and that there is no way I can afford a 100 pound a month increase I may have had a 3k pay rise but our household income is down 22-24k! Without the Mrs working
Wed Mar 16, 2022 11:43 amFoggy wrote: Insolvency Practitioner DetailsThank you I think I’m getting somewhere now they’re reviewing stuff they asked for proof my partners maternity pay was due to end soon etc and have put other stuff on hold but I’m trying to explain even before her mat pay completely finished next mont that we have no money so have send my outgoings and statements to try to back this up as much as possible if not I will have to see if I can pursue bankruptcy
Name
Mr DYLAN AUDLEY QUAIL
Company
Hanover Insolvency
Address
Sale Point, Washway Road, Sale, Cheshire, M33 6AG
Telephone
0161 905 4764
Fax
IP Number
9547
Licensing Body
IPA
dylan.quail@hanoverinsolvency.co.uk
Thu Mar 17, 2022 5:02 amluluj wrote: Glad things are progressing albeit slowly. Hopefully they will agree something that is realistic and supports your current circumstances.I just wished I’d never got into one to be honest my life is so restricted now. They don’t understand why some things are more expensive for some people. I live rural. So I use a lot of petrol as the closest Asda is a 50 mile round trip for me for example. So I use at least 2-300 a month on petrol which they deem as excessive. I’d love to go buy an electric car but that would also be deemed as unnessasary and expensive. There really is no winning and I think Iva advertisements are batted about like they’re wonderful things when they’re really not.
and my life’s awful because of it. If something breaks like my car I have to ask my family to pay for it and pay them back as I have no disposable income left over for car repairs. They moaned about 40 pound a month being excessive for maintaining a car my cars 20 years old.Thu Mar 17, 2022 9:00 amBen93 wrote:I take the overly bright and cheery, "Pay as little as possible" firms with a large pinch of salt. An IVA isn't the only solution out there and certainly isn't suitable for everyone and it certainly isn't the bed of roses that some paint it as --- but, that said, properly used and supervised, it can be a lifesaver for some and, in most cases, a proportion of the debt is written off. I fear that many, especially with relatively low debt levels, are miss-sold IVA's --- which may become the next big compensation claim target.Thu Mar 17, 2022 5:02 amluluj wrote: Glad things are progressing albeit slowly. Hopefully they will agree something that is realistic and supports your current circumstances.I just wished I’d never got into one to be honest my life is so restricted now. They don’t understand why some things are more expensive for some people. I live rural. So I use a lot of petrol as the closest Asda is a 50 mile round trip for me for example. So I use at least 2-300 a month on petrol which they deem as excessive. I’d love to go buy an electric car but that would also be deemed as unnessasary and expensive. There really is no winning and I think Iva advertisements are batted about like they’re wonderful things when they’re really not.
Like the “write up to 80 percent of your debts off” yeah right I’m paying back 9k more than I owedand my life’s awful because of it. If something breaks like my car I have to ask my family to pay for it and pay them back as I have no disposable income left over for car repairs. They moaned about 40 pound a month being excessive for maintaining a car
Thu Mar 17, 2022 9:41 amFoggy wrote:Wouldn’t suprise me especially when I had 14k debt which isn’t massive massive and would of been solved better probbaly by a dmp or just bankruptcy possibly etcThu Mar 17, 2022 9:00 amBen93 wrote:I take the overly bright and cheery, "Pay as little as possible" firms with a large pinch of salt. An IVA isn't the only solution out there and certainly isn't suitable for everyone and it certainly isn't the bed of roses that some paint it as --- but, that said, properly used and supervised, it can be a lifesaver for some and, in most cases, a proportion of the debt is written off. I fear that many, especially with relatively low debt levels, are miss-sold IVA's --- which may become the next big compensation claim target.Thu Mar 17, 2022 5:02 amluluj wrote: Glad things are progressing albeit slowly. Hopefully they will agree something that is realistic and supports your current circumstances.I just wished I’d never got into one to be honest my life is so restricted now. They don’t understand why some things are more expensive for some people. I live rural. So I use a lot of petrol as the closest Asda is a 50 mile round trip for me for example. So I use at least 2-300 a month on petrol which they deem as excessive. I’d love to go buy an electric car but that would also be deemed as unnessasary and expensive. There really is no winning and I think Iva advertisements are batted about like they’re wonderful things when they’re really not.
Like the “write up to 80 percent of your debts off” yeah right I’m paying back 9k more than I owed
Thu Mar 17, 2022 9:41 amFoggy wrote:They’re ignoring me again now they asked for proof my Mrs mat pay has ended but it ends next month but I’m trying to explain even now it’s Not ended I don’t have any extra money to spare just had to get a used car that my dad paid for that I’m now paying back 950 quid car but all I could afford to borrow off family.Thu Mar 17, 2022 9:00 amBen93 wrote:I take the overly bright and cheery, "Pay as little as possible" firms with a large pinch of salt. An IVA isn't the only solution out there and certainly isn't suitable for everyone and it certainly isn't the bed of roses that some paint it as --- but, that said, properly used and supervised, it can be a lifesaver for some and, in most cases, a proportion of the debt is written off. I fear that many, especially with relatively low debt levels, are miss-sold IVA's --- which may become the next big compensation claim target.Thu Mar 17, 2022 5:02 amluluj wrote: Glad things are progressing albeit slowly. Hopefully they will agree something that is realistic and supports your current circumstances.I just wished I’d never got into one to be honest my life is so restricted now. They don’t understand why some things are more expensive for some people. I live rural. So I use a lot of petrol as the closest Asda is a 50 mile round trip for me for example. So I use at least 2-300 a month on petrol which they deem as excessive. I’d love to go buy an electric car but that would also be deemed as unnessasary and expensive. There really is no winning and I think Iva advertisements are batted about like they’re wonderful things when they’re really not.
Like the “write up to 80 percent of your debts off” yeah right I’m paying back 9k more than I owed
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