Thanks both had a chat with the supervisory team - explained everything and they don’t think I have breached the agreement. So they say they can’t think of any reason why my Iva will be failed. They said just get all your annual review material in and take it from there. A bit of reassurance but app...

Thanks both for your reply much appreciated.

Do you think it’s a real possibility either supervisor or creditor will fail my Iva? Or increase my payments substantially

Would your recommendation be to call the supervisor or wait/discuss in annual review

Hi Concerned on my annual review they have asked for a month bank statements that will show gambling transactions. I pay £350 month into my IVA and for around the last 3 months have had a relapse so there will be a lot of transactions for example betting withdrawals of £200, £450 but then regamble £...

Thanks for your advice Try not to worry about it too much. As long as you know it needs to be considered in 4.5 years time. So many people seem not to know then get a shock towards the end. So much can and will happen in that time frame noone will be able to say for sure. From my experience, we comp...

The mortgage is in joint names / other then that we dont have any bank/finance accounts in both names

Tue Apr 28, 2020 1:04 pmkallis3 wrote:

Do you have any join finances? If so then an IVA will impact on her credit record.

Okay thanks for your advice - thats what i thought .. in which case i still think i am making the right decision at this moment in time Even if you have, say, £20,000 equity to release, the loan you gat will be limited by the term --- end of current mortgage of state retirement age, whichever is lat...

No to be honest never thought of Equity release The subject of the house is a delicate one as my partner wants no involvement with the debt - albeit she sighed a form agreeing to the proposal on the house. At the moment, it is highly unlikely, but, as you say, who knows what will happen in five year...

<t>Hi All<br/> <br/> Wonder if you could offer any advice.<br/> <br/> I am about to start my IVA in June but am a little concerned on the Equity release/loan clause<br/> <br/> My house has been valued at 209,000<br/> I have about 136,000 still to pay on Joint mortgage (My partner is not included in ...

Having read the replies i am now thinking of contacting a different IP as waiting so long will start to get stressful and also I just want to get started as presume there will be long delay in all the paperwork going through. My dilemma is should I be patient and use step change - which is well know...

Thanks for all the advice here - most i had planned to do but this just reinforces what I need to do / writing to banks etc

Many Thanks

Some really useful advice here thanks very much. Some of which i have already done and some i will do now. I think my main question is between the 6 months i have to wait how concerned should i be that they will sell on my debt and be taken to court? At the moment my creditor are all the major banks...

<t>Hi<br/> <br/> I am concerned I have got advice from an Iva provider about my debts and they feel an Iva is the way forward which I agree with but they have said I will need to wait 6 months to have clear bank statements due to the level I have gambled. What I am concerned with is that during this...

Yeah will do that ASAP foggy - as she will play no part in my debt which is fair enough

Many thanks

Thanks for your reply

I personally have debts of around 40k of debt

in our joint mortgage account which she has always put in for home emergencies she has 2k around

Yes I think Iva will be best proposition if it accepted -I can maybe pay 350a month

<t>Hi<br/> <br/> Can anyone offer advice<br/> <br/> I would like to start an Iva but am worried that my partners money in our joint mortgage account will be taken.<br/> <br/> So the money in our joint mortgage account is all hers and I don’t want it to be swallowed up to pay for my debts.? Do you kn...