i am 4 years into an joint iva with my husband i could take, or my be retired early from my employment with the n.h.s pension and would recive a lump sum would i loose this as i still would need this towards my mortgage payments in the future i.e. by paying of part of my mortgage or my monthly repayments
Most IVA proposals ought to specifically exclude occupational pensions, and the benefits drawn from them, from IVAs - but as Foggy says, best to check with your own IP to be sure.
I'd like the answer to a similar question re my occupational pension. My proposal is protocol compliant but I'm still unclear. Case officer says " it all depends " which is no good to me and I'm not allowed to speak to my IP.
This firm are regularly recommended by banks and credit card companies as the IP of choice - largely because the bank's fund their DMP operation. I cannot understand why you are not able to speak to the person who is personally responsible for your case - and I suggest that you ask them why this is?
We have four IPs and currently do 50-70 IVAs per month. Some of these larger firms and so called 'charities' have as few as one IP despite doing a volume of hundreds per month. As a result our IPs are able to speak regularly with clients and creditors alike and I believe this gives a much better service.
Ultimately your IVA payments pay the wages of the IP and to be told that they refuse to speak to clients is nothing short of disgraceful.
