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kentmikey
IVA Junior
59 Posts |
 Posted - 25 January 2010 : 13:57:15
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Hi, I have an IVA with my wife, we stopped payments in November as we feel its best for us to go BR. So by stopping the payments we could save this for the BR fee's which incidentally we are struggling to do. We have just found out that our landlady needs to sell the house we are renting so we are now panicing what the detrimental effect will be with us stopping to make the IVA payments when we come to find a new house to rent. Was wondering if we could, should we pay back the missed payments to the IVA?
All help and advice greatly received as I am really panicing now.
Mikey |
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Michael Peoples
Forum Expert
4387 Posts |
Posted - 25 January 2010 : 14:01:25
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| If you are sure that bankruptcy is the best option for you and your family you should continue on. Your credit file is already damaged and it may be best to try a private landlord to rent from as you would almost certainly fail a credit check. Make sure you get a good reference from your current landlady as this would be really helpful when you do find a new property. |
Michael Peoples | McCambridge Duffy Insolvency Practitioners www.mccambridgeduffy.com |
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kentmikey
IVA Junior
59 Posts |
Posted - 25 January 2010 : 14:20:14
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Thanks for your reply Michael.
So are you saying the fact that I missed these payments will not make any difference?
Mikey |
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Michael Peoples
Forum Expert
4387 Posts |
Posted - 25 January 2010 : 14:23:20
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| The missed payments to your IVA will not show on your credit file but would affect any reference from your IP. However, since you are going bankrupt anyway the only real concern you seem to have is whether you will find a new property to rent. Use a private landlord and produce proof of rent and reference from your current property and you should be fine. |
Michael Peoples | McCambridge Duffy Insolvency Practitioners www.mccambridgeduffy.com |
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MelanieGiles
IP
30800 Posts |
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Julie
Forum Expert
United Kingdom
7354 Posts |
Posted - 26 January 2010 : 10:07:40
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Mel - kentmikey had been in an IVA for a year, had expensive car repairs to deal with and struggled with IVA payments.
Kentmikey, has your IVA actually failed now? |
Julie x
If you can't say anything nice...don't say anything at all !!
Please visit my blog.
http://swansgirl.blogs.iva.co.uk
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kentmikey
IVA Junior
59 Posts |
Posted - 26 January 2010 : 20:47:03
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Hello, it has not failed yet but this month will be the third payment not paid. Blair Endersby did a review and we are struggling with the agreed payment and asked for the payment to be reduced to £180 per month, which they said they would put forward to the creditors but it would mean extending the IVA by a further year, so just feel this is never ending and BR would be the ideal thing to get rid of it once and for all. We have also had to move (rented accomodation) four times know in the last 18 months, through no fault of our own and it just seems additional costs all the time and finding it very hard to keep my head above the water line now. Head is completely frazzled now.
Mike |
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MelanieGiles
IP
30800 Posts |
Posted - 26 January 2010 : 22:18:27
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| Tell your IP that you are not prepared to pay the extra 12 months and that your revised offer is take it or leave it. If the creditors do not support you, then you can apply for bankruptcy with your head held up high. |
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp
See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp |
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Blair Endersby
Forum Expert
143 Posts |
Posted - 03 February 2010 : 11:17:23
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Dear kentmikey
Please email your customer reference and contact details to the below email address, and I will arrange for someone to contact you regarding your proposed offer.
Kind regards
Blair Endersby |
ip@blairendersby.co.uk |
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kentmikey
IVA Junior
59 Posts |
Posted - 04 February 2010 : 18:48:42
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I emailed Blaire Endersby last week, still waiting for the call and today receive a letter asking for payslips and bank statements for a six monthly review even though this was all submitted in November/December!
Mikey |
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lesley_
Forum Expert
30 month\s down 30 month\s to go.
United Kingdom
8889 Posts |
Posted - 04 February 2010 : 19:36:48
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| I would probably send another email, a polite reminder that you're waiting for at least acknowledgement they've received your initial email, that way at least you know they'll be dealing with it? |
http://thereisanend.blogs.iva.co.uk/
Downhill now 31/60.... |
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kentmikey
IVA Junior
59 Posts |
Posted - 04 February 2010 : 20:12:11
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| I intend to, unfortunately its the same story with B&E |
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kallis3
Moderator
27 month\s down 33 month\s to go.
United Kingdom
35545 Posts |
Posted - 04 February 2010 : 20:15:04
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Let us know what happens when you email them again.
I hope you get it sorted out. |
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
27 down, 33 to go.
Jan
xx
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kentmikey
IVA Junior
59 Posts |
Posted - 04 February 2010 : 20:31:03
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Hi I have emailed Blair again but the email has come back saying it was undeliverable but it states to james.kaye not to the email address given via the Blair Endersby contact on here.
So if the respresentative can check this out ASAP that would be very much appreciated.
Mike |
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MelanieGiles
IP
30800 Posts |
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kentmikey
IVA Junior
59 Posts |
Posted - 04 February 2010 : 20:44:06
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Thanks Melanie, so if he was my IP what happens with my IVA. I assume my email sent to the email addy provided by the B&E representative on here will forwarded to the correct person.
Mikey |
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kallis3
Moderator
27 month\s down 33 month\s to go.
United Kingdom
35545 Posts |
Posted - 04 February 2010 : 20:50:26
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| If you email via the link they provide, you should get someone who can help you out. |
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
27 down, 33 to go.
Jan
xx
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MelanieGiles
IP
30800 Posts |
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kentmikey
IVA Junior
59 Posts |
Posted - 08 February 2010 : 22:42:44
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I thought I would give you an update, I have now received a telephone call from Blair, this after having sent two emails. Yet again I have been asked to send through payslips which I have emailed across today, I should receive a call Thursday night, I also enclosed a letter explaining in detail why we are struggling what with one thing and another over the last 18 months. Will keep you posted.
Mikey |
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kallis3
Moderator
27 month\s down 33 month\s to go.
United Kingdom
35545 Posts |
Posted - 08 February 2010 : 22:47:36
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At least they have been in touch.
Hope you get it all sorted and that they do phone you back on Thursday. |
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
27 down, 33 to go.
Jan
xx
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lesley_
Forum Expert
30 month\s down 30 month\s to go.
United Kingdom
8889 Posts |
Posted - 09 February 2010 : 04:22:03
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| Hopefully Thursday you'll be able to explain it all and move forward. Do let us know how you get on. |
http://thereisanend.blogs.iva.co.uk/
Downhill now 31/60.... |
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Topic |
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Have I done the right thing?
