Just a thought Neil...you have not included the costs of the IVA and Fees to your IP within your figures... How much are you being charged in fees and will your IP be wanting to take 15% or similar from your F&F figure as well? Like you I find this all confusing and I work in the Financial Industry!...

Hi all, I have a technical question.... My Circumstances are £33k Debt on an IVA with my House Equity Share as 'Assets specifically pledged' and my car as 'Assets not specifically pledged'. My IVA started Nov 2012 and I have been paying £182 monthly since then, I now expect Circa £32k Equity Share a...

Hi Marc, I was of a similar mind as hope to complete my IVA within the first 12 Months of IVA from the equity released from sale of my house. However, an IVA is essential as a mechanism to control your costs getting worse and beyond your control before you end up with bankruptcy as the only viable a...

It only costs £2 to check your own credit data/records so just try one of the one's mentioned above and you'll have the info you wanted. I would then send each a copy of your Letter of Completion (you don't actually get a Certificate awarded) and then pay £2 again to each of the three Credit Check A...

I opted for Halifax Bank as also wanted a Visa Debit Card and Online Banking so can live without the stigma of not being able to pay by card (as I didn't want friends and family noticing I suddenly became a 'cash only' person) and needed freedom for online shopping..i.e. essentials such as food shop...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by newbeginnings Hi Guys After having our Full and Final accepted we are now looking at selling our house to rent something else. Can anyone tell me what the likely hood of this senario being accepted is....

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by Peejayel Don't forget to include the bridge charges. We have a lot of welsh people working at my workplace in Bristol and we have had a few leave recently due to the increased fees etc. Many thanks Pee...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by ginger323232 Mark that drive is heaving going - but come winter it feel like hell! Just a suggestion - why not look on Right move - for rental properties in the M4 corridor for some ideas - Bath/Bristo...

Many thanks Michael & EMS, As you say, it all depends upon my IP (Varden Nuttall) and Creditors to which I have already contacted them this week but my contact is on holiday until Monday, hence the ask online to help me 'think this through'. I cannot see my Creditors accepting the £27,625 as a F&F p...

Hi Robert, Your bank is your private personal account to which is safe from unauthorised disclosure however, your IVA/IP(Insolvency Practitioner) will/can ask for copies of your bank statements and so this money would be traceable and so should be disclosed to your IP under the IVA. However, you sho...

Hi Andrew, You have informed them of this compensation award, so have complied with the IVA and so you can probably just keep it safe in your own bank account (without spending it) until they bother to respond or review your payments, as no doubt you will be asked to pay this to the IVA pot at some ...

Hi Sue, I believe that they would be sent a copy by your IP, alternatively, you can check your records held by the Credit Reference Agencies and if needs be, send them a copy of your own Cert as proof for them to verify and update your records/credit rating accordingly. Example: http://www.equifax.c...

RE: Use of Equity Release to move and part pay IVA Dear All, Please can you advise me what is the norm/acceptable practice with regards to using some of the funds from an Equity Release after the sale of property? My IVA is C.£35k, paying for 9 months now at £182 P/Month House with ex-partner up f...