www.iva.co.uk

I am currently in an IVA and am struggling. How would it look at my review or if I decide to go bankrupt that I have been selling stuff on ebay. Its basically most of my personal possessions due to lack of money!!!!

Life is far too stressful!!

I wanted to ask this too . Im not planning on going bankrupt but I have been selling things on ebay to pay for xmas and petrol and food etc. My ip has agreed he doesnt know how I get by on my very tight budget and has even lowered my payments for 6 months to do a new review then possibly a variation. Im not gonna be penalised for not handing over half the profits am I? Im only selling clothes so nothing worth over a tenner in one sale.

I aint sure how it stands but personally i feel its your choice...they are your belongings and i suppose as long as they aint items worth thousands of pounds that could be named as assets then i dont think they would be interested.



Angie xx


My IVA Story......http://bagpuss.blogs.iva.co.uk/2007/09/ ... iva-story/

Some body else posted regarding this subject and Melanie Giles stated that it would not affect your iva the money would be yours,as far as i can remember,im sure Andy will post and confirm this.

Tracy

Hi
Yes there is no problem doing this with personal items.
If you purchased items to sell on ebay at a profit then this would be deemed as a business and extra income and would have to be declared.
Regards


Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp

I had to stop selling when I went into my IVA. I was running a business beforehand that eBay basically killed last Jan when they changed how listings were viewed in the US. I have stock leftover though.

Pixie

If you are selling your own personal items then this is fine. If you are buying items to sell then this will be deemed a business and will be treated accordingly.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp

Hi Not sure if it helps but I sold several of our household items as well as old clothes etc last year. Most months I was making £200. Which was great at the time as our IVA was up and running and we were getting used to budgeting and paying for things by cash.

If we had 'nt of sold those items we would not have got through some months for sure.

I checked with my IVA company and at first they did not seem sure but they did contact me back and said (As the above have mentioned) that if it is personal items then that is ok, if it is items which have been purchased to sell on at a profit, this would be classed as added income.

My IP was happy that it was no different than selling my items on a car boot sale.

I would definatel;y reccomend using Ebay to sell any unwanted personal items you have there is alot of money to be made to help, especially for christamas etc.

We now sit on dec chairs and share a bed with the dog!!

LOL

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp

i asked my ip when i first started the ball rolling and he said its fine as long as your not buying and selling for profit.

58 PAYMENTS TO GO..

Dear all,

I am not very computer literate.

How does one go about selling personsl things?

How does money get paid?

Can some give some deatils of how to sell on Ebay please.

Hara.

Hi Hara

You first need to open a selling account with eBay. You'll need a debit card to do this though. Then simply take a piccy of the item you want to sell or use ebay's if it's a dvd etc. Items sell better with a photo esp. clothes. The forms to sell are fairly straightforward, you just need to write a good description or use pro forma for dvd's etc.
The main things to be aware of are the costs for listing an item and the final value fees once the item is sold. It isn't cheap to list esp. if the item doesn't sell. You must also make sure you set the postage costs up correctly otherwise it could cost you more than the buyer has paid. It's always a good idea to look at similar listings.
The main methods of payments are cheque/postal order or paypal. If you use paypal there is a cost to accept payments.
Hope that helps!

Dots - I have a huge collection of soft toys!

Pixie

thanks pixie.

hara.

keep checking out ebay...there may be a pile of my stuff for sale soon, nicked from my front door !!!!....I had a Age Concern charity bag through my door this morning, filled it with the kids old clothes and shoes...put it out and an hour later a white van turns up to take it away....looked a bit suspect as it was so soon after i put it out....rang Age Concern and they confirmed they aint doing any pick ups till weds. Stealing from charity's has to be low of the low.

Angie xx


My IVA Story......http://bagpuss.blogs.iva.co.uk/2007/09/ ... iva-story/

You can also sell books and other things through amazon, can list as many times as you like, only pay fees once a sale is agreed, and then it's a fraction of the selling price.