I am awaiting a date for creditors to review my new variation proposal and offer. I have now moved back to my own home, but may have to eventually re-locate again back, if my ex decides to take a job. very complicated, but how does this affect iva and variation? do i let it run its course? what if v...

thank you for all advice. IP has said will put forward offer of 11k with 2 payments which will be made between now and creditors meeting. fingers crossed..........

thankyou for all your advice. i will keep u updated. happy xmas to you all

I am moving back into my owned house (which has no equity) due to family reasons and this will reduce my ability to pay iva from 316 to 240 per month. outstanding is 16k and only 9mths into iva. family want to help by making an offer of 11k but ip reccomend 12k. my family have a limit of 10k but wil...

I'm in a similar boat. My mum is offering a F&F so I can move back home and be closer to my family. My IP isn't terribly sympathetic and wants thefull dividend offered as I am choosing to increase my outgoings. Wishing you better luck and let me know how you get on x Hi, i think we all have a basic...

Hi, i am paying £319 per month and 9 months into the iva, an iva total of £19,000 over 5 years for an original debt of 43,000. i currently rent my own home out as lived away, but my tennants are leaving and i need to move back in. There is little equity and an 85% clause on iva. By moving back in,...

i have received £300 from a relative into my bank. do i have to declare this ?

I have done this too. Yet banks do not understand why? Its a crazy process, they want you to tell them confidential details over phone, but wont tell you what the call is about. When IVA in place, no more talking to banks, almost as good as on the road to being debt free. 10 creditors and 10 banks p...

IVA approved. can now take daughter swimming, pictures and use my earnings to buy food rather than C Card

Struzzo39 wrote:

Good luck from us too.

Hi, IVA approved, 30p in £. quite pleased, manageable payments and total iva amount outstanding will reduce quite quickly, providing possible future option of making a pay off offer, thus reducing iva duration. For the meantime, i can take daughter to pictures and pay for swimming without putting fo...

They should stop phoning when they get the quote, but the communication across the banks isnt that good and some call centre agents will just have an outbound calling list. I would ignore the calls, put phone on vibrate and only answer numbers you recognise. Good luck Scott!! I wish mine was just 3 ...

thanks

salkitten15 wrote:

Hello.

If your IVA is approved at the meeting, the IVA begins straight away.

Good luck!

I am due to have my iva proposal meeting with creditors in 3 days. A relative has given me a cheque of several thousand pound,to help cover unforseen expenses and to buy some clothes etc, but i am unsure about cashing the cheque. Am i able to have this gift in my bank?

Hi, i am having a proposal/creditors meeting in 3 days, how long will it take (if approved) for the IVA to begin?

thankyou for all your feedback. hope to provide some feedback of my own to those new to IVA in the future, keep the forum going!! Hi, Any uplift you pay towards your IVA will go towards paying your IVA debt originally and if you can exceed that amount, it will go towards the total debt. Your credito...