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LdH65
Posts: 1 Joined: Tue Jul 29, 2014 6:11 pm
We are currently in our 2nd year of an IVA. over this time - due to the IVA amount we pay - we are able to put money aside each month into a savings pot. we are planning to some of this money to get married which we have wanted to do for years. i realise its not a priority for some but we have been careful financially following the IVA and are comfortable we can now finally do it. Will the IVA company declare this as a windfall as theoretically its our own money - not a bonus nor overtime etc. if we declare this will they respond by demanding the entire amount be paid into the IVA?? please help!
Foggy
Posts: 33396 Joined: Fri Dec 17, 2010 11:14 amLocation: United Kingdom
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If it is money saved from your agreed allowances and your share of overtime, etc. they will have no call on it.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
Adam Davies
Posts: 14596 Joined: Thu Mar 29, 2007 12:21 pmLocation:
Hi
Andam Davies
luluj
Forum Expert
Posts: 11333 Joined: Sun Dec 09, 2007 6:54 amLocation: United Kingdom
Well done on being able to do this from your allowances and best wishes for your future happiness !
Sharing from experiences of dealing with debt
plasticdaft
Forum Expert
Posts: 9562 Joined: Wed May 21, 2008 12:45 pmLocation: United Kingdom
Oooeeee we all need to go buy us some new hats!!!!
Discharged today the 8th feb 2012. View is much brighter now.
Shining
Posts: 27019 Joined: Thu Sep 20, 2007 8:57 amLocation:
How wonderful and shows that there is life within an IVA and you have something to look forward to. Congratulations and hope you have a wonderful day.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Struzzo39
Posts: 1820 Joined: Sun Jan 24, 2010 5:56 pmLocation: United Kingdom
Lovely post :)Nice to see some positives for a change
Steven & Debbie
