Hi Gary.sc, In addition to Niobe's question, it would help to know whether you are in an IVA already or considering one. There are a range of options available to anyone with debts and a very good booklet is available here: http://www.bis.gov.uk/assets/insolvency/docs/publication-word/12-694-in-debt...

As far as I know, the scheme will only apply to individuals who don't already contribute to a recognised company scheme. Opt out of course is available. I would say the more pertinent question is how creditors will consider these contributions. It has been a long-held view by (most) creditors I have...

Hi Sarah, I'm sorry to hear about your health. As everyone has said, your finances take a back seat, but you are right to deal with it. Well done for discussing with your partner. I used to work at RSM Tenon and I'm sorry to hear about the advice you have received. I am sure once they know the full ...

Hi mouldymuffin, I think the following two statements are key: "Where the debtor is unable to obtain a remortgage the IVA should instead be extended by up to 12 months" "Where it is demonstrated that after month 54 the equitable share is less that £5000 (gross) the property is to be excluded from th...

Thanks Foggy & Niobe! I feel welcomed!

Hi Foggy / Niobe, I clearly need to update my profile! To be honest, I'm always wary as I've had letters to individuals copied and pasted on forums verbatim; fortunately, they have yet to be criticised! I also didn't want to be criticised for advertising! It is Ideal Debt Solutions - but I will upda...

Hi Michael, thank you.
I agree it seems to be regarding an unexpected asset.

Hi GilliB, put simply there is only a difference between what you have and what you might have in the future. Generally Assets are known, whilst Windfalls cover assets that are unknown or acquired after the IVA commences. Most IVAs are based on circumstances which are unlikely to improve without pro...

Unfortunately, there are regular "mail-bombs" by companies which do trawl the IVA register. Until there is a change to legislation, this register remains open and the data can be purchased by third-parties. Apparently suspected abuse can be reported to the Insolvency Service. Many of these firms are...

Hi Lisa, as Lesley suggest, discuss it with your IP or case administrator. If you are moving in with your future husband and know his income and outgoing, you could compare your current IVA income and expenditure with a new one based on living together and have this ready when you contact your IVA c...

I am not sure why the matter has been raised - is it during your IVA? Have you now become entitled to your pension as a result of early retirement? I also assume you may be due a lump-sum an annuity and have various options regarding larger lump-sum/smaller annuity etc? In that case (lots of assumpt...