Cheque for 1st payment

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Kazzy E

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Post by Kazzy E » Tue Jul 08, 2008 10:54 pm
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Hi Guys. I am returning my cheque for my 1st IVA payment with proposal docs tomorrow. Meeting should be by the end of the month. Assuming it is accepted, would anyone have any idea when the next payment is likely to be due? Cheers Kazzy x
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size5

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Post by size5 » Tue Jul 08, 2008 10:59 pm
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I am sure your provider will do their utmost to fit in with you and if, for example, you are paid on the last day of every month, then the logical step would be to look at a payment on the 1st of every month so that you can rest assured that the money is there.

Do speak further to your provider to confirm that though.

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Kazzy E

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Post by Kazzy E » Tue Jul 08, 2008 11:01 pm
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Thanks Size5. I know Melanie will advise me of all the details in due course. Just wondered. Rgrds Kazzy
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facingittogether

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Post by facingittogether » Tue Jul 08, 2008 11:14 pm
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hi kazzy

i sent my first payment to melanies team before my meeting on the 28th april, our iva was approved on that date and we made our 2nd payment on the 1st of june and now pay at the beginning of each month, hope this helps!

love barb x
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kallis3

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Post by kallis3 » Tue Jul 08, 2008 11:28 pm
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We make ours on the 1st of the month as that is when my salary and his pension get paid in.

Barb, you and I should be finishing at the same time! We've just made our third payment.
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MelanieGiles

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Post by MelanieGiles » Tue Jul 08, 2008 11:38 pm
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If you pay your first payment in advance, you will then be able to choose which day of the following month that the second payment goes out to suit your budget and cashflow.
Regards, Melanie Giles, Insolvency Practitioner
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Kazzy E

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Post by Kazzy E » Wed Jul 09, 2008 6:24 am
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Thanks All, thats great. Will let you know how I get on after the meeting. Rgrds Kazzy x
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angela18

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Post by angela18 » Wed Jul 09, 2008 6:49 am
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ours was approved on 28th April and we've paid 4. we paid one in advnce, sent a cheque on day was approved and then 1st of June and so on.. good luck with yours
Ang.. 13 payments in.. WOW, thats over 20% paid!! http://angela18.blogs.iva.co.uk/ well here we go

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Kazzy E

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Post by Kazzy E » Wed Jul 09, 2008 7:11 am
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Thanks Ang, will keep you posted. Kazzy x
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facingittogether

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Post by facingittogether » Wed Jul 09, 2008 11:29 pm
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jan

shall we have a joint party when we make our last payments? lol[:D]

barb x
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TheMatrix

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Post by TheMatrix » Fri Jul 11, 2008 4:47 am
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I always try to plan so that everything comes out a day or two after payday. That way whatever is left is yours to spend for the the rest of the month or to add to your contingency fund.
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Kazzy E

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Post by Kazzy E » Fri Jul 11, 2008 6:23 am
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Thanks inaiva, my goodness you're an earlybird!! Will bear that in mind. Kazzyx
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TheMatrix

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Post by TheMatrix » Fri Jul 11, 2008 12:58 pm
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lol I do some strange hours as part of my job
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