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by GaryB1968
Tue May 25, 2021 6:29 am
Forum: Ask IVA Forum and Industry experts
Topic: Annual review help
Replies: 7
Views: 2431

Request that your I&E is reviewed again as your net wage Is less than what you are being advised. Don't know why they have taken that cycle to work is an income unless your net wage has increased. If they insist its correct but cannot show evidence to explain this then raise as a complaint with your...
by GaryB1968
Mon May 24, 2021 6:27 am
Forum: Ask IVA Forum and Industry experts
Topic: I've signed my proposal fo
Replies: 2
Views: 2261

Hi, contact the company handling your IVA as they can liaise, with your authority, with your old bank today to request they release the funds that are frozen.
by GaryB1968
Mon Jan 18, 2021 7:31 am
Forum: Ask IVA Forum and Industry experts
Topic: I seem to be stuck
Replies: 8
Views: 2800

Just to clarify the situation re the debt - if it was from before your IVA started then it will be covered by the IVA even if it was missed initially. You just need to make your IP aware so they can liaise with HMRC to resolve the matter. If it has accrued after your IVA started then you will be lia...
by GaryB1968
Thu Jan 14, 2021 7:27 am
Forum: Ask IVA Forum and Industry experts
Topic: I seem to be stuck
Replies: 8
Views: 2800

If the debt was pre your IVA starting then you should be protected by the IVA. You are saying your IVA company advise they cannot help then I would question why? Debts can be included and if less than 10% of your overall debt level then there is no need to hold a variation where HMRC and your other ...
by GaryB1968
Fri Oct 02, 2020 6:31 am
Forum: Ask IVA Forum and Industry experts
Topic: Redundancy
Replies: 4
Views: 2328

In regards to the redundancy payment this is safe as you can keep up to 6 months pay to help whilst looking for employment. Speak with your Insolvency company and ask to review your I&E. If it shows you cannot afford to continue ask them to go to creditors via a variation meeting to see if they are ...
by GaryB1968
Tue Feb 25, 2020 7:42 am
Forum: Ask IVA Forum and Industry experts
Topic: Compensation and my IVA
Replies: 2
Views: 2067

You should be fine as not benefiting but just replacing damaged goods etc. Just keep your IP updated on what has happened and what will see going forward in regards to money in and out of your bank account. Main thing is not to stress and it may also be worth speaking with your IP as may need assist...
by GaryB1968
Fri Feb 21, 2020 7:28 am
Forum: Ask IVA Forum and Industry experts
Topic: Just signed IVA Proposal - Chances of Success?
Replies: 10
Views: 2714

its also 75% need to accept of the debt level that votes as well not of the number of creditors.
Therefore based on what you have noted if Tesco rejected the IVA (Unlikely) then the IVA would fail.
Majority of payday lenders choose not to vote so its likely to be decided by mainstream creditors.
by GaryB1968
Fri Jan 24, 2020 7:33 am
Forum: Ask IVA Forum and Industry experts
Topic: Old debt not included in my IVA
Replies: 9
Views: 2376

I would initially supply them with paperwork showing you have been in a successful IVA as long as the debt was pre your IVA being accepted. Depending on the size of the debt they may accept this and write off the debt. I would also speak with your previous IVA supervisors who should be able to give ...
by GaryB1968
Fri Jan 17, 2020 4:12 pm
Forum: Ask IVA Forum and Industry experts
Topic: Frozen bank account
Replies: 3
Views: 1790

Have you managed to get the matter resolved with your bank?
by GaryB1968
Fri Jan 17, 2020 7:36 am
Forum: Ask IVA Forum and Industry experts
Topic: Frozen bank account
Replies: 3
Views: 1790

Go to the bank and from there contact your IVA company who should be able to discuss, once you give authority, with the bank about releasing the funds. They may need to email over a letter but the bank should be fine in releasing the funds.
by GaryB1968
Thu Jan 16, 2020 9:58 am
Forum: Ask IVA Forum and Industry experts
Topic: IVA completion delay due to enforced PPI checks
Replies: 4
Views: 2285

Good morning, I am sorry to read the points you have raised and would like to get the matter resolved ASAP for you. Please can provide details with your reference number and I will refer your case to our specialists to investigate the matter for you. Please advise a suitable time and number (If diff...
by GaryB1968
Fri Oct 25, 2019 6:38 am
Forum: Ask IVA Forum and Industry experts
Topic: My IVA and redundancy
Replies: 7
Views: 2841

Irrespective of whether they class it as a windfall or not, not sure why they are, you are still entitled to keep 6 months to live on so this still amounts to £8400. If they take the holiday and wages owed this will leave you less than 6 months income. I would request to speak to your IP or a senior...
by GaryB1968
Fri May 24, 2019 6:37 am
Forum: Ask IVA Forum and Industry experts
Topic: Hounded by PPI companies
Replies: 3
Views: 3209

As your IVA has concluded then it is up to you if you claim or not. If your IVA was active then there could be a responsibility to investigate PPI under the terms of your IVA and any funds gained would then be then be used for the benefit of all your creditors increasing the IVA dividend. As the PPI...
by GaryB1968
Fri Nov 02, 2018 8:14 am
Forum: Ask IVA Forum and Industry experts
Topic: Advice needed, extra debts. HELP!
Replies: 6
Views: 6159

Hi, I’m a member of the team here at MoneyPlus Insolvency. I’m sorry to hear the concerns you have regarding your current situation. Following your post, I have reviewed your case and passed the details to a member of our Customer Support team to give you a call today. We’d like to understand a bit ...
by GaryB1968
Thu Jun 28, 2018 12:40 pm
Forum: Ask IVA Forum and Industry experts
Topic: Additional income issue
Replies: 8
Views: 6704

Thanks Gary, We are not able to phone today or tomorrow, as we will not be home before 6pm. In the meantime, we hope to put something in writing over the weekend. Thank you for the response, please can you advise me of your reference number and postcode so I can start to look into the points you ha...
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