Please can you help me and give me a solution

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lauren.h

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Post by lauren.h » Thu Jul 31, 2008 1:30 pm
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I ave been in an iva for eighteen months and itfeels like a never ending circle.
I have missed a few payments not always my own fault as the iva company input the wrong bank details.
They then wrote to me and said that i have to increase my repayments or extend the payment terms.Also on top of that they have added £2000=+ of admin charges,letters etc.
I cant take much more i am trying hard to keep the repayments but they seem to just add charge after charge.
Please can you help me and give me a solution.Thanks
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Viki.W

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Post by Viki.W » Thu Jul 31, 2008 2:49 pm
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Hey Lauren, welcome to the forum. Please wait for an expert to help you, not sure about the charges. What company are you with? X
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
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cat 1

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Post by cat 1 » Thu Jul 31, 2008 3:33 pm
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Goodness.That doesn't sound acceptable.Which company are you with.Cat
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chardonnay

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Post by chardonnay » Thu Jul 31, 2008 5:24 pm
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Hi Lauren,
Welcome to the forum, it's full to the brim of super people and great experts who can help and support you with your worries and problems.
The charges do sound a lot and I'm sure the experts will give you good advise on whethr or not them seem reasonable, etc
Good luck,
Hugs,
Chardonnay
Chardonnay
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kallis3

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Post by kallis3 » Thu Jul 31, 2008 7:01 pm
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Hi Lauren and welcome.

Are those charges on top of the ones which would have been agreed at your creditors meeting?
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
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indebtforever

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Post by indebtforever » Fri Aug 01, 2008 8:54 am
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usually if you miss some payments your payments will need to be increased to catch up the shortfall either within the year or at the end and if thats the case then you will have been charged more fees because of the extra work required to set this up but this will come from the pot that creditors are to receive.I hope you sort it out keep posting if it is getting too much dont let debt ruin your life or health seek advice about BR.
Last edited by indebtforever on Fri Aug 01, 2008 8:58 am, edited 1 time in total.
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MelanieGiles

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Post by MelanieGiles » Fri Aug 01, 2008 10:13 am
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I would be suprised if your IP could charge you for additional work without the agreement of creditors.
Regards, Melanie Giles, Insolvency Practitioner
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