Thanks for the comments x To be honest i still don't understand the full functionality of the IPA company (RSM Tenon in my case), They just seem to be a money making organization who want to milk you dry. No disrespect to the people i talk to (genuine nice people) but they seem very young and casual...

Hi All, We are now into our 2nd year of an IVA, It was going very well but after year 2 our IPA want an extra £435 pound a month - Which totals to around £700 per month. (This is due to my Wife having a pay rise). My Questions are - - What happens if i end the IVA, is it literally a matter of the cr...

Sorry to break into this post, but this is a similar problem i have been having for months.. My life is my Car - I need it for work (Mobile Computer engineer) need it for school runs and as a main family car. It is been declared a write off and i am waiting for it to finally die. All i hear on this ...

lovely, thanks for the reply

This IVA is doing my head in, i think if i had a couple of 1K pedigree dogs and the best insurance for them, grooming costs and the best food so they win at Crufts, I would get more compassion from IPA's and Creditors than living in the real world with a 2.4 children.

Hi All, Sorry if this question has already been asked hundreds of times... We are into our 2nd year of an IVA, the 1st year being new to this and not fully understanding our Outgoings and expenditure was not accurate at all. I am now re-doing this and being more realistic (we have 2 kids, and life i...

Well to end this saga.. I was hoping to receive a letter from the IVA company explaining my situation and basically allowing me to go ahead with car finance. The letter was the opposite and went into detail about without a meeting with creditors they would be in breach of the IVA.. Which is complete...

Well no news today.. I was supposed to receive an email letter with a partial acceptance to me buying a new car which they said they were going to send yesterday. This is a new question which i should maybe post as a new question but probably still relevant to the original post - - Is an IVA company...

Well it has been an interesting couple of day's.. the last 10 months since the start of the IVA has been fantastic, a weight of our shoulders, peace of mind and just letting the IVA do it's job.. and now when things like this happen it does hit home that we are tied by our bo**ocks and very restrict...

Thanks for the advice guys, I personally think a £3,500 car for the job i do - (driving all day, 25 mile radius to where i live, plus something reliable) is totally valid? The actual loan would be around £2,800 as i will trade in the old car and family will donate a few hundred to create a decent de...

Hi all, I was hoping someone could help or advise with my current crisis! I am coming up to my fist year of our IVA (joint IVA between my wife and i), all is going well and the last year has been a major relief. My Car has died. It is a very old car and is really pointless gettin it repaired as the ...

Hi All, I would like to say hello and i am so glad i found this forum - just from reading the posts and knowing that i am not alone is a great feeling!! Our IVA started this month which is a great relief and things are looking a lot better than they did, however one thing i have noticed during these...