eBay

[mb2]

If I sell any belongings that do not have material worth, such as say a pair of shoes or sunglasses on eBay, must I declare it? To me these are not earnings but disposal of belongings often for less than the original purchase price. I would be interested to hear thoughts of the experts...

[Sadsack]

You mention in your other thread that ANY surplus must be paid over to the IVA. I suggest you get in touch with your IP about this. I know that selling items on ebay don't give you a great return but I am sure that there will be a solution.

[mb2]

You mention in your other thread that ANY surplus must be paid over to the IVA. I suggest you get in touch with your IP about this. I know that selling items on ebay don't give you a great return but I am sure that there will be a solution.

Thankee
Just writing the questions in my head as they come along, perhaps should have been more structured.

[MelanieGiles]

I think your IP is more likely to be annoyed at you bothering them with such trivia!!

So unless you are selling a BMW convertable, rest assured the sale proceeds are yours.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[Sadsack]

No worries!!!! Just keep them coming and someone will come along and answer you!!! It does not matter how many questions you have, this is what the forum is for!!
Sue

[Oliver]

I wouldn't have thought that you should worry about having to put any funds raised from clothes sales etc... on ebay towards your IVA. If you want to be 100% you can contact your IP.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp

[Sadsack]

I agree with you Mel, however, if you don't know the answer, the best thing is to ask!!!

Sue

[mb2]

Thanks everyone

[Adam Davies]

Hi
Just to agree with Melanie on this one,you wil have nothing to worry about regarding selling your personal belongings on ebay.It is no different to selling them at a car boot sale.You will have to inform your IP at your review if you get the funds for these items paid into your bank[via papal] as they will not know what they are for.
Regards

Andy Davie
IVA.co.uk Spokesperson and site manager
(aka Neverending)

Please check out my blog: http://andydavie.blogs.iva.co.uk

View my profile here:
http://www.iva.co.uk/andy_davie_profile.asp

[olympic_torch]

if you were to set up a bank account to put aside your 50% of overtime/bonus etc, does your ip have to see this account?, or does the ip only have to see the account your salary is paid into?.
in readiness of my iva i have set up an account with the halifax, which is to pay my salary into and the iva ,mortgage and poll tax out of.
i have a second accont with the co-op with all other direct debits coming out of it.
i also planned to open an account with nationwide for any of my share of overtime/bonus, or sale of personal items etc, will the ip have to know of this third account?

[MelanieGiles]

IP's don't really examine client's bank statements once the arrangement has been accepted. Well I certainly don't - I usually trust my clients to be honest with me and this generally works.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[olympic_torch]

what would we have to submit at review?.
just wage slips or p60 at appropriate time?.
what else would you want to see?.

[MelanieGiles]

That's about it - just so a verification can be done of the income you have stated you earn.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[olympic_torch]

about the same as original proposal then, proof of mrs torch's incapacity benefit and disability living allowance etc, and a letter from my daughter confirming how much she contributes to housekeeping.
does the ip keep my car registration document by the way? just in case i try to sell it without telling them, or will i get it back when iva goes through.

[MelanieGiles]

Correct - by the way I love the fact that you call your wife "Mrs Torch". Is this your actual surname perhaps?

The IP will not need to retain your car registration documents - again this boils down to the essential trust required between professional and client.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk