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Search found 77167 matches
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- by kallis3
- Fri Jul 14, 2023 3:31 pm
- Forum: Ask IVA Forum and Industry experts
- Topic: Backpay and extra payments
- Replies: 8
- Views: 3035
I think you are going to have to accept it - it's a bit like winning the lottery or received an inheritance before you get your completion letter, you would still have to pay your creditors the full amount even though it is unfair.
- by kallis3
- Sat Jul 08, 2023 9:16 am
- Forum: full and final settlements
- Topic: Settlement offer
- Replies: 24
- Views: 5206
It can take a couple of months as they have to contact the creditors to set up a meeting. You could try pestering them for an update. Hopefully it will be soon.
- by kallis3
- Sat Jul 08, 2023 5:53 am
- Forum: Ask IVA Forum and Industry experts
- Topic: Annual review add ons
- Replies: 3
- Views: 2718
Sorry to hear about your son. I have no idea if you will be allowed to add this on, it is something you are going to have to speak to your IP about and hopefully they will be sympathetic.
- by kallis3
- Fri Jul 07, 2023 6:32 am
- Forum: full and final settlements
- Topic: Settlement offer
- Replies: 24
- Views: 5206
Creditors may well be happy with this offer as it clears their books. Also mention about the possibility of your wife losing her job. Just make sure you are clear about the money only being available for the F&F
I believe they will want to know the origins of the offer for money laundering checks.
- by kallis3
- Thu Jul 06, 2023 3:28 pm
- Forum: full and final settlements
- Topic: Settlement offer
- Replies: 24
- Views: 5206
Bear in mind that you will always end up owing the full amount of your original debt until the IVA is completed and not just your IVA payments (if that makes sense). As regards the offer - you have to make it known that the money is only available for the full and final and will be withdrawn if not ...
- by kallis3
- Sun Jul 02, 2023 6:30 pm
- Forum: full and final settlements
- Topic: Settlement offer
- Replies: 24
- Views: 5206
It does take a while to set up a meeting unfortunately and your credit rating will be shot for the whole six years. As regards your mortgage I would suggest that you speak to a specialist mortgage advisor. We do have one on here. IVA Mortgage Expert. Give them a call.
Search found 77167 matches
Page 3 of 5145