HI guys I made my last payment under the IVA on 1st July (almost 7 years in total it has taken) - yeeeh! £650 a month saving going forward. At times i have messaged this forum for advice and guidance along my 7 year IVA journey and must say what a life saviour it has been. Thank you to all of you wh...

Thank you as always foggy for taking the time to reply

Thanks foggy When you say self employed accounts, is that a copy of the self assessment form that the accountant does and maybe weekly pay and deduction statements which confirms his income each week via the CIS scheme. When you say check the expenses claimed were correct do you mean like mileage, t...

Good morning My husband went self employed via the CIS scheme midway through the last tax year and i am just trying to get prepared of what will be required at annual review time. In the past we have just provided evidence of payslips and P60 but not sure what other paperwork is required from the se...

Thank you

I will do

Hi Foggy Yes they let him go yesterday. He has been self employed for the last 8 weeks so no notice period. Previous to this he was on the books at other firms he has worked at. He hasn't had a good year for employment (3 jobs since beginning of the year) and some health issues which resulted in som...

Morning I have an interlocking IVA with my husband and our last payment of £650 is due at the end of this month. However we do have a couple of arrears payments tagged onto the arrangement and our overtime monies from previous years have also been tagged onto the end arrangement so we still owe £568...

ok thanks foggy I get you. No thats fine. I will proceed as normal and hopefully all is ok.

Many thanks

Thanks Foggy In the past bank statements have not been requested as part of our annual review - only payslips and P60s have been required. Ok so at worst if I explained the situation an agreement could be made to just pay back the redundancy amount over a period of time. Thanks for the information o...

Hi Our IVA was approved in September 2014 and it was a 6 year IVA not a 5 year so is due to end at the end of November. I have just had the letter to ask for property valuation, mortgage redemption statement etc and if there is equity will need to look at getting a re-mortgage or extending for anoth...

OK thanks again foggy

Thanks foggy I have done that. Houses similar on our estate (looking at rightmove) are selling for approx £155,000 and I need the house to be valued at £140,000 not to go over the £10,000 equity. I wasn't sure if you said to estate agents you want a quick sale for relocation purposes whether they wo...

Thanks for your comments Foggy

I will obtain a normal valuation first and see what kind of valuation figure they come back with first and if need be I could go down the Surveyor route.

Thanks again
sosilly

Thanks foggy So do you think if similar houses in the area are selling for approx £155,000 do you not think they will value for about £140,000 if the seller has asked for a va;ue to attract a quick sale. Reason I ask is, I am in an interlocking IVA with my husband so we are allowed to have £10,000 e...

Thank you. Do you know what kind of percentage lower they value for a quick sale.

Did they put it in writing for you?

Thanks
sosilly