Tue May 25, 2021 8:58 pmkallis3 wrote:

They won't know about your separate accounts and if you can save anything from your allowances, overtime and/or bonuses it is yours to do with as you wish. We all have emergencies during our IVA.

Thanks very much for that Kallis3 Thats a great help, much appreciated thank you

Hi all, I’m new to IVA, just wondering something about savings...the little savings I have are in a seperate bank to my creditors, but im hoping to save as much as im allowed in case of emergencies and things, but what im wondering is do your creditors and the IP know the outgoings of your separate ...

Fri May 21, 2021 7:57 amlifenoteasy wrote:

Are you a professional musician and is this regarded as a tool of your trade?

No I’m not a professional musician, just for leisure, but it’s my biggest passion in life

Thanks Foggy. But what I don’t understand is that if you can’t get credit while in an IVA then surely you need to save money for when you need to change your car, so surely you will need to have so many thousand saved up for the change of car? This savings account I have is primarliy for that change...

Thu May 20, 2021 11:53 amFoggy wrote:

Where would you get the £2k from ? You cannot get more credit.

I already have it in a separate account...

Hi all, wondering if anyone can throw any light on this tricky situation I have... I ordered a musical instrument about two years which costs £4000 and won’t be ready and finished to buy until later this year. Having just being accepted for an IVA you may think this was a stupid thing to do, but at ...

Hi all, I’ve recently staft an IVA abs I hve a tricky questiin if anyone can help....I orderd a musical instrument about two years ago, to be mae, which is quite alot if money. Stuoid thing to do I know but at the time I didn’t even think there was going to be a problem. Now I have alreay paid the £...

Thanks Paul

Ah ok, thanks Foggy. They would already know about the DD going out to it as it’s not a new DD so they would already have seen it. Or I at least imagine they should have anyway!

Hi all, I’ve recently had an IVA approved so I’m new to it. I have a savings account that has a weekly direct debit going in to it that is in a separate bank to my current account that my IVA payments come out of. What I’m wondering is does the IP check the comings and goings in my savings account a...