i don't think you will pay the IVA off early just because you earn more, you will just end up paying more.I believe the only way to end the IVA early is to offer a full and final offer to pay it off.

With the vast profits banks and credit card companies make every year I think it will be a while before that happens.

Just a small point. The information was there for the ones you looked at. It doesn't mean they all include or explain this information. you would need to look at all companies to see before making a comment about mis-selling

i have read so many posts over the past few months about DFD and bad advice. Can someone please tell me why they have not been brought to book on all this and prevented from trading? surely there is some sort of watchdog who can stop them continually giving out this bad advice and leading people to ...

melanie says that holidays/social/birthdays cannot be justified. IVAs are not meant to leave you with no life at all and these three things are a fact of life so should be allowable in an IVA. Many IVAs fail because no allowance was made for these and the debtor just doesn't feel they can do without...

Did the company have proof from thier end that you owed them money? if they didn't I would say that the court has acted unfairly and you should contact them to appeal their decision. If the company cannot prove that you owed them money and they made you bankrupt I don't see that it is fair that you ...

Doesn't that mean that the fee they quote in the Chairman's report is actually incorrect and is actually higher than the creditors think? Is this legal? Which providers are those if you don't mind saying?

Q1. In my case, I paid three payments prior to strating the IVA and they were not taken off the term of the IVA or repaid to me. Q3. i believe your wife's income should not be taken into account but that your I&E should reflect the fact that you are only paying a share of the bills for the house and...

I totally agree with Skippy. A discussion forum is exactly that. If you have had a bad experience with IVAs, let people know so people are armed if they ever find themselves in the same boat. Likewise, if you've had good experiences, post those and tell us who the IP was. It's only by getting feedba...

Why was my post edited? It's not as I wrote it and it wasn't anything bad

size5, I can't believe you would deprive someone of a bunch of flowers for a funeral in favour of companies who are making billions in profits every year !!

Nobody forces you to sign up for a credit card either but a lot of people do as the selling tactics of credit card companies are very convincing

If you do not have assets to protect like a car or house and you do not feel a compulsion to pay back as much as possible then you should not be offered an IVA and encouraged to take one out. I know that at the end of the day you are the one who signs up to it but when you are under pressure to get ...

Surely if the money was given to you as cash then no-one would know about it anyway.

Melanie, I was told that no matter what you put extra into the IVA the term would still be set at 5 years? So what would be the point of putting the extra in if you don't have to if it doesn't decrease the term of the IVA? Perhaps you can clarify?