If she puts in a new Income and Expenditure form that shows that she does not earn enough to pay the IVA, and they put in a offer to extend the 60 months, then does this add to the cost of the overall IVA ie: whether you accept it or not, because a variation meeting has been had?

Hi, Wander if anyone can please advise. My Partner is in an IVA, and she has just had her working week reduced to 3 days. She therefore does not bring in enough money to cover her living expenses, let alone her IVA payments as well. What generally happens in these circumstances. Thanks in advance fo...

Hi,

I have a partner who is in an IVA nearly 3 years now. If we get married before the end of the IVA, does her problem become my problem. I own my property and would that be affected.

Your advice would be great.

Thanks

Hi,

Can someone please point me in the right direction, to obtain a copy of the CCCS guidlines.

Thanks in Advance.

you cant pay back more that the debt is worth to the creditors, for instance if the debt is £20,000, and your payement can be increased, over the course of the 5 years, it dosent mean that you could end up paying them £22,000. If you reach £20,000 in 4 years and 6 months, then that is when the IVA s...

Yes you are absolutely right, i would not want to charge above what is a fair and reasonable price for where she is living. She lives in Hampshire in a 1 bedroom flat, and i have increased her rent from £360 to £400. This i believe is a fair and reasonable price for a 1 bedroom flat, even if it is b...

To add to the above: What the IP is doing is actually preventing me from paying more off my IVA sooner, so therefore potentially with other pay increases over the course of the 60 months, she could be in a position to pay the IVA off early and be released from the IVA earlier. Or be in a state that ...

Hi Skippy, What im trying to portray is that this is my property, im am not affiliated with this IVA, we are not a married couple and i can charge what i want. The IP cannot have a say at how much i want to charge for rent. The IP in reply to the payrises we told them, wrote and said that no increas...

Thank you David for your well constructed reply. I tried to explain this on the telephone to the IP, and they counld not grasp the concept of why im querying this. I have on my partners behalf penned a letter explaining all this and am waiting on a reply. The Rent was not increased substantially onl...

Every step of the way we have informed the IP of any payrises (completing the Income and Expediture form each time)and they have written and said that there will be no increase in payments. Now since the annual review, they now are proposing to increase the payments. I dont see how this is fair. Im ...

Hi Kallis, I thought the whole point of an IVA, was to sort out your debt, and to bring in some sort of order to your money. ie: fixed monthly payments over a period of 60 months. Of course if you have a payrise and more money is available, then im sure the creditors would want a little more money, ...

My whole infuriating annoyance on this matter is the fact that they should take any extra payment as soon as you have a pay rise for instance. Allowing you to have that extra money for a period of time is not good, as you can come to depend on it, and besides is it not in the interest of the credito...

Thanks for reply, As i am basically her landlord, im on the understanding that i can charge what i want for rent etc. Even if it does mean a large increase. The reason why i increased Rent etc, is that i feel that if from her pay increases, we expected the payments to rise, and when they didnt we we...

Hello all, Im writing this on behalf of my partner who is in an IVA. Just wandering what you guys think about this. My partner had her annual review a few months ago, and there is now an increase in the surplus available. This is due to pay rises. Her annual review is round about the end of each yea...