It could also be on your appendices too.

You need to check with Santander what type of credit agreement you have. If it's an unsecured loan, the debt will come into the VA and you should be able to keep the car as you need it for your work. If the agreement is a conditional sale agreement or a HP agreement then you IP should work that expe...

Yes. Thank you.

Can I just ask why you wouldn't trust the debtor Melanie? Surely, if you feel that you can't trust the debtor, then pehaps you should not offer to represent them?

I know of a few IVA companies who charge up front fees (and keep the up front fees even if the case is rejected), and as an IP I'm sure that you're aware of a few also.......... however that's a different topic altogether

Well, I do know for a fact that GT do not charge upfront fees for IVA's whether the work has been generated from a CAB referral or otherwise. The only payments the client will make are the contractual VA payments. If the VA is not accepted, then the client will pay nothing at all. Their advice is fr...

Yes, Melanie, I'm aware of that. The point I was trying to get across was that that GT and Payplan receive a lot of VA work from CAB's and the CAB's are not renumerated.

Yes you can providing it's ok with the company. Your IVA is not affected.

Does that mean managed IVAs Andrew - or simply setting them up and leaving clients to make the payments? The CAB's refer their IVA clients to GT mainly, however occaionally they will refer to Payplan. The CAB's don't receive any fees for this and GT do not charge anything for the VA (other then the...

Blair, Oliver & Scott and Robinson Way are collectors who occasionally buy toxic debt. Dependant on who the original debt is with will depend on who votes. Many of the major high street lenders employ TIX, KPMG, GT and PWC to vote on their behalf. However, smaller creditors (and some of the larger o...

The fees are actually paid by your creditors. Typically there is a nominee fee - this is a fee charged post approval. Basically it's a fee for the draft proposal and the work involved and to cover the MOC (meeting of creditors). There are also Supervisor fees. These fees are charged by your IP to su...

Creditors employ firms of accountants to vote on their behalf. The main four are TIX, KPMG, PWC and Grant Thornton. These firms take instructions from the creditors on how to vote. Lloyds used to be represented by KPMG, however they moved to TIX on 31st October.

In month 54 of your Arrangment a valuation will be done on your property. If your share of the equity is £5,000 or more, you will be asked to see if you can release a lump sum into the IVA for he benefit of your creditors by way of remortgage. If you can do this, then your IVA will end. The remortga...

Usually, if you're paid out for personal injury then it should be yours to keep. However, if the payment included loss of earnings then this should be paid into your VA.

In the new CCCS guidelines, the basic amount for satellite or cable TV is £23. You can get it added and it shouldn't get modified.