Hi Breezy, I am just back again querying something asked by the donor, he is happy to provide all the relevant docs but has asked whether they require access to transactions within the statement which proves funds. I believe he is wanting to blank those for privacy. Could you pls advise what I shou...

Well done for fighting your corner ! As has been said before by that other meteorological phenomenon: It is YOUR IVA, not the IPs, nor the creditors. YOU are in control.

Foggy no longer acts as a moderator here and has moved to pastures new --- however his 'spirit' lingers on.

Sometimes a creditor simply does not engage with the process, but, as long as they are listed the debts will be covered under the regulations and written off. Make sure you keep copies of the paperwork handy somewhere in case you need to produce it at any point --- I have been clear of my IVA for mo...

Well done. Any idea what the changes were that swung the deal ? Or are creditors just getting more amenable to getting a deal done in the current climate ? My completion, back in the day, took 6 months to the day (which was normal for my IVA provider at the time. We are still getting reports of 6 mo...

Ending the IVA early will not improve your credit status, nor allow you to buy a house earlier than finishing the IVA in another couple of years. You have previously mentioned offering a full and final using savings -- so that might still be an option to at least get the IVA off your back early. Hav...

Speak to CF and tell them that you intend to lodge a complaint with the IP's regulatory body if the matter is not resolved without further delay. Have a read here: https://www.gov.uk/complain-about-insolvency-practitioner The RB cannot actively intervene but can impose sanctions on the IP and the po...

Mr Popes details currently on record are: Insolvency Practitioner Details Name Mr TIMOTHY JAMES POPE Company TJP Insolvency Limited Address 8, The Mews, Fulford Chase, YORK, YO10 4QN Telephone 07710 302564 Fax IP Number 8090 Licensing Body IPA Email tim.pope@tjpinsolvency.co.uk If attempts to get a ...

The offer is yours to make and, usually, an IP will not advise on the amount. As for reasons --- yes, if you have other reasons than just "wanting out", it is a good idea to air them, especially if they relate to health (physical or mental). Yes, the process will take a couple of months. You could s...

Hi. Your offer is not based on the remaining debt, but is based on the remaining agreed payments. So it is a F&F offer, not a settlement. Semantics really. The use of the word settlement can cause confusion as many take this to apply to the debt balances, rather than remaining payments. Templates 5 ...

Actually --- that amount could be around £1000 less as the claimed debt was about that much less that your SoA listed balances.

On those figures the maximum repayable would be around £13,200 (full original debt plus fees to date) plus interest on the reducing debt balance at 8% p.a over the three years, or so, the IVA has been running, probably in the ball park figure of £1500. So a total to date of around £14700. You have p...

The maximum you can pay is the total of the full original debt, plus fees and possible statutory interest at 8% p.a. If you hit this figure early the IVA will end early. What they probably meant by telling you that would never pay more than your agreed amount is that you would never pay more than th...

The mass variation they are talking about was a general one, on behalf of all clients to allow StepChange to reduce payments without going back to creditors on an individual client basis with regard to difficulties caused by the economic situation at present --- it has no bearing on the variation yo...

Thu Dec 22, 2022 7:00 pmMrs_Brown wrote:

a tenner? You must be minted as I send a quid max

Long term ex-IVA'er ..... never been richer

My guess is 3) It depends on the bank ..... but, I am also guessing that this whole process is for account matching and verification so the sender knows (hopes) the money is going to the right person and that the money will still arrive at the desired account, whether business or personal. Being the...