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by Peter.X
Thu May 09, 2013 3:57 pm
Forum: Ask IVA Forum and Industry experts
Topic: Is a limited company classed as an asset ?
Replies: 4
Views: 1329

I'm 3 years into an IVA I have made an offer to settle which my supervisor deemed was more than suitable but this has been rejected by the creditors as they want proof I will have no work when my contract end in June. As I am a contractor I engage in different activities via my limited comany as and...
by Peter.X
Sat Feb 04, 2012 12:31 pm
Forum: Ask IVA Forum and Industry experts
Topic: Amending IVA to tie in with new 12 month contract ?
Replies: 10
Views: 1157

Thank you. Of interest what are the companies tha would consider me for lease?
by Peter.X
Sat Feb 04, 2012 11:49 am
Forum: Ask IVA Forum and Industry experts
Topic: Amending IVA to tie in with new 12 month contract ?
Replies: 10
Views: 1157

Thanks. In relation to the additional income. What would the IP/Creditors be expecting in terms of increase in the monthly payment? Also as I am now being paid as a limited company how does that work in terms of income level as my accountant will be calculating basic income with a dividend for tax b...
by Peter.X
Sat Feb 04, 2012 8:53 am
Forum: Ask IVA Forum and Industry experts
Topic: Amending IVA to tie in with new 12 month contract ?
Replies: 10
Views: 1157

Of course they would get a better return the next 12 months but if I will out of a job come next January could i put this to the IP to discuss bringing to an end?
by Peter.X
Sat Feb 04, 2012 8:28 am
Forum: Ask IVA Forum and Industry experts
Topic: Amending IVA to tie in with new 12 month contract ?
Replies: 10
Views: 1157

Thanks would the full amount to be repaid be the original debt pre IVA or total repayment based on current monthly payment?
by Peter.X
Sat Feb 04, 2012 8:04 am
Forum: Ask IVA Forum and Industry experts
Topic: Amending IVA to tie in with new 12 month contract ?
Replies: 10
Views: 1157

I am 2 years into a joint IVA starting with £36k debt. Last year revised IVA reduced payment from £478 to £302 per month. I now have new contract paying me £250 gross per day therefore potential of £65,000 gross up to £80,000 with overtime on a contract set for 12 months. I am wondering whethe...
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