Hi all
Just wanted to let you know that the variation was accepted .
Thanks for the advise.
Nram had increased my mortgage back to repayement and that was a sizable increase in payement that impacted my ability to pay the agreen monthly IVA contribution .
Alls well that ends well .

Hi all Can someone clarify the text below please . I am sure it is obvious to most but i am trying to see if PPI can be captured by my IP or not . It is a 5 year old IVA. It states under excluded assets "no other relevant or significant assets owned by me have been excluded from this proposal". It t...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by Andy Davie Hi Sounds a good offer because of your change in circumstances Regards Thanks Andy for a quick response . I dont know what a resonable offer would be given that £5200 of monthly payments sti...

Hi all Just a quick question . I have a variation meeting today due to Nram changing me back to a repayment mortgage from interest only and as a consequence reducing my payments from 700 a month to 220 a month to my iva . I am 4 years into an IVA with 2 years remaining having the no equity clause bu...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by MelanieGiles This is increasingly becoming a problem for people with interest only mortgages, where banks are looking to get their customers back to repayment terms. Try and negotiate a further period ...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by Ste1 Hi all . I am in an iva and am on payment 46 of 60. the interest only mortgage deal with nram i am on won't be renewed this month and as such I have a shortfall of 400 that I won't be able to pay ...

Seems a very grey area to me and interpretation is entirely down to who you speak too . My car was fully paid for and I only sent off the licence number at the start of the agreement for valuation purposes. Still unsure and gonna hold off i think until I can actually tie my supervisor down to a yes ...

Thanks Andy for your advice . I informed my supervisor a week ago that this was the case and I was told by there admin that it was a windfall . I have put it to them that it could not be classed as this as they already knew I had the car at the start of the arrangement . My supervisors admin has now...

Hi all Just a quick question on IVA . I am 14 months into an iva and have my own car that I was allowed to keep at the iva start up . It is 10 years old and not worth much (£2000). I have been offered a company car through work . If i accept the car from work and sell my own would this be classed as...