Hi Hellyp4 From my understanding, any inheritance is classed as a windfall and under the terms of the legally binding IVA all inheritance must be declared. I have had to declare my inheritance, which I did without hesitation. Unfortunately I believe the percentage of a windfall taken by the credito...

blue]That's wonderful news! Congratulations [:)]

It's reassuring to hear that some Full and Final Settlements are being processed and accepted.

Good luck for your future. [8D][/blue

Dear Arty Thank you for your response. Just to clarify, I am not in any way being dishonest with DFD. I am not witholding information. I am trying to understand why I am suddenly being put under pressure to reclaim when I this was originally presented to me as an option and not a requirement. Regar...

I am being chased by DFD to reclaim PPI. The letter states that I 'have a duty to assist your Supervisor with resonable requests. It will be difficult to complete your IVA until the PPI position of your IVA is concluded. I am asking once again for you to complete the claims pack and return in accor...

I requested further information yesterday about the legislation and the effects. This is the response I received: In July 2011 a VAT Tribunal fundamentally changed the way in which VAT is chargeable on IVA fees. The effects of the change are complex, are applied retrospectively and consequently wil...

Dear Melanie Many thanks for your response. My Insolvency Practitioner is Debt Free Direct. The response they gave me two weeks ago was: "Owing to recent changes regarding VAT in an IVA, legislation changes are in place. Industry-wide, all full and final cases have been put on hold until we receive...

I was naturally overwhelmed by my family's willingness to help me out with my IVA when they offered to settle my IVA for me. The funds are immediately available to my creditors if the Full and Final Settlement Offer is accepted. However, I have been informed that all Full and Final Settlements are ...