good news in that the proposal has arrived
Bad news is that the I and E is wrong
The proposal shows our mortgage at full rate not interest only as was agreed
But they have also included £100 over time for my husband in the income and made no allowance for my son who is at university and we were told we could have a non dep allowance for him as he gets no grants due to our income . He is 19 today . They have put our food and housekeeping at £460 for the 5 of us
it had been agreed at £600
Really feel like crying at the moment[V]
When they are open again next week you should be straight on the phone to tell them it is wrong. They shouldn't be including overtime in the income, that should be something seperate.
I must admit that we didn't have any allowances for our daughter (also at Uni) as she is getting student loans including a living allowance. However, if you were told that you could have that then you need to query it.
These things always happen at the weekend don't they?
On a lighter note - I hope your son has a lovely birthday, and although it's hard, try to put this behind you for the weekend - enjoy his day and then sort it out next week.
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
Have sent them an e-mail with all the correct figures
Just worried now the figure they quoted as monthly payment will increase. We were happy with the figure quoted thats why we went ahead with the iva and didn't go down the br route
Got to wait till they are open again now on Wednesday due to the Irish bank holiday
Even though you are proposal level, you don't have to stay with them if you are not happy.
It may mean a wait of a few more weeks but give one or two others a ring and see what they say. It can't do any harm and could actually help you.
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
Didn't the IP go through the figures with you when they were finalising the proposals? This is a crucial process in my office at which stage each figure is discussed with our clients to ensure that both sides agree that the calculations are correct. I am sure that this will get sorted out for you next wee, but do be sure that you can afford the suggested payments, or else the IVA may be heading for failure before it even starts.
The figures were all agreed when i had my telephone interview on 26th May. Not had anything since
I dont think i have actually spoken to my IP as i have not heard of the proposers name which is on the documents
I imagine that the telephone interview you speak about was at the initial stages before you had provided documents to the IP? This should generally be confirmed when then proposals are being finalised to ensure accuracy and affordability.
Ours didn't change a lot, but Payplan were like you Melanie - kept in touch with us every step of the way so that we knew what was happening.
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
I've just realised our figures were adjusted to fit by Payplan - they have amended our housekeeping from £550 to £740!!! No wonder Northern Rock are querying it.
I must admit I didn't check them when I received the proposal - so partly my fault.
Makes a change for them to amend it up, rather than down!
Give them a ring on Monday and ask why they have done this.
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
I think they are tired of me contacting them and to be honest have come to the conclusion that BR is the way to go as I'm sure NR are not going to budge .
