In bankruptcy you receive a zero tax code in PAYE to the 5th April following, which can be used to set up an income payments agreement. Does anyone know why you do not get a zero tax code in PAYE in an IVA?

Hi Louisa.s You will find that HSBC is the ultimate holding company for First Direct, HFC, Beneficial, et al...and that Metropolitan Collections is a paralegal department within the organisation - sometimes another desk in the same office! Account references can and do change. Rather than disputing ...

Hi CIA

That is good news. I hope it spreads quicker than some of the more recent doom and gloom and that such common sense commercial mindedness filters through to the likes of Tix, HSBC, Northern Rock, Student Loan...I could go on!

Best

SASASA

Hi CIA I'm not having a dig at you CIA, but it really bugs me when the big noises in the world of finance constantly cry that the sky is falling. My understanding is that the current climate will provide a challenge for many in IVAs that have a year four equity release clause. The prospects of obtai...

Hi d73 The terms of the finance contract may dictate that you can return the motor. The motor could then be sold at auction. Any shortfall could be included in the IVA – provided it does not materially affect the dividend forecast. You might ask for authority to sell the motor and hand over the sale...

Hi janderson

Notwithstanding the affect on directorships, bankruptcy no longer precludes you from being a school governor. A BRO/ BRU however, would.

HTH

SASASA