MISSING A MTHLY PAYMENT

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moneypenny

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Post by moneypenny » Sat Nov 21, 2009 4:42 pm
HI, WOULD I BE IN BIG TROUBLE IF I DIDNT SEND MY MTHLY PAYMENT THIS TIME, AS MY IP WONT AGREE TO GIVE A PAYMENT BREAK, AND WON'T ACCEPT A REDUCED AMOUNT FOR THIS TIME, I HAVE CAR TAX OF £125 TO PAY AND CATCH UP TO DO, JUST NEED TO KNOW WHERE I STAND, AND CAN THEY CANCEL MY IVA FOR MISSING ONE PAYMENT, IF ITS A NO, THEN I WILL GO TO MY MUM AND BORROW, WHICH DOESN'T HELP ME DEAL WITH IT MYSELF. PLEASE ADVISE, AS ITS GONNA BE A WHILE BEFORE I GET MY IVA IN/EX SORTED OUT, AND ID NEED TO CHANGE MY D/D FOR THIS MTH ASAP, I AM OFFERING TO UP THE PAYMENTS OVER THE NEXT COUPLE OF MTHS, ITS JUST THAT MY HUBBY IS DRIVING ME MAD WITH HIS WORRYING AND MADNESS.
Last edited by moneypenny on Sat Nov 21, 2009 4:43 pm, edited 1 time in total.
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ComeOnYouSpurs

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Post by ComeOnYouSpurs » Sat Nov 21, 2009 5:08 pm
Missing a payment without informing your IP is not an ideal situation at all. The client/IP relationship needs to be an honest, solid one if it is to last the five years. You say that your IP will not give you a payment break. Are you sure that you have spoken to your IP and not someone in his/her office? We have always found our IP (and his staff, actually) to be very fair with us as we have been honest with them. Give them a further call and make sure that you speak personally with your IP, explaining in detail the situation you are currently in.
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Lisa2009

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Post by Lisa2009 » Sun Nov 22, 2009 1:41 am
Are you sure its your IP you spoke to and not just an office worker?
If you have a look on the insolvency service website, under the heading "find an IP" you can get his/her direct email address.
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MRBLUESKY

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Post by MRBLUESKY » Sun Nov 22, 2009 9:49 am
good advice from lisa 2009 thats what i would do moneypenny.
 
 

Kashmere

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Post by Kashmere » Sun Nov 22, 2009 10:20 am
Don't worry, I missed a couple of payments but as soon as I spoke to my IP, we agreed I'd make up the payments over the next year. Most problems have a solution as long as you speak up rather than worry in silence. Let us know how you get on.
 
 

Skippy

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Post by Skippy » Sun Nov 22, 2009 10:30 am
As the others have said it's not an ideal situation but I do think your company is being particularly unreasonable.

If you have been speaking to a member of staff rather than your IP then as Lisa says you can find their details on the Insolvency Service website - http://www.insolvency-service.co.uk/newipsearch.htm

Email them and insist that you speak to them directly.

Good luck, and let us know how you get on x
 
 

MelanieGiles

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Post by MelanieGiles » Sun Nov 22, 2009 12:42 pm
Don't you have a monthly allowance built into your expenditure to save up for your car tax? If so, this is perhaps why your IP is disallowing your reqest for a payment break.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Skippy

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Post by Skippy » Sun Nov 22, 2009 1:15 pm
Mel, Moneypenny only started her IVA in June and her allowances are so tight that's she's already struggling.
 
 

MelanieGiles

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Post by MelanieGiles » Sun Nov 22, 2009 2:47 pm
What a shame that expenditure allowances have been squeezed so hard that someone is already having to seek a payment break. If this has happened in your case Moneypenny - either on the advice of your IP or resolutions requested by creditors at the creditors meeting - then I would say you have very valid grounds for the request.

Is this a good time to get the IP to look at your finances generally to check that the IVA is actually sustainable.
Regards, Melanie Giles, Insolvency Practitioner
 
 

moneypenny

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Post by moneypenny » Tue Nov 24, 2009 10:29 pm
hi all,
ive found since i'd been on the cccs site that my budget is exceptionaly tight, so my new one is being done by me, with a covering letter.

on friday i called my ip/supervisor to beg for a payment break to pay the car tax and have some catch up, but it was no all the way. i asked which company guidlines there company was using her answer was, the expenditure sheet that i sent in, i questioned her response three times until eventualy she told me it was cccs.

so again i begged that instead of payment break, maybe i could send in the monthly payment with £125 less, so the car tax could be payed ,still a no, well i wasn't going to give up, and kept on, its unreal that i had to wear her down, i asked her that why was she not helping me get this sorted, she just said, " i know its hard, but thats the way it is", then me getting rather annoyed now said, "aren't you supposed to be getting me the best deal rather than the creditors, otherwise who are my support" her answer was ok perhaps send the mthly payment minus the £125, but please fax me the car tax document, so thats what i did,

then my husband came home and he had recieved an extra 300 in his paypacket, for back pay on a pay rise in july, so i phoned my ip to say that i'll make the full payment,.she said that was good, but i'm still sending in my new in/exp, and if my ip cant sort it out, or wont then i will take it to the fianacial ombudsman. i know its our fault we are in this mess, but this is not a third world country, and i think my ip/supervisor should have morw training on customer care, and my interestes, instead of linning their own pockets, as ive seen the costs, £5000 is there cut, how greedy is that, i'm disscusted, as the service is absolutly appaling.

on another note, i'm back to my coffee, good evening to you all, and yes i have faith that this will all turn right int the end.
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MelanieGiles

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Post by MelanieGiles » Tue Nov 24, 2009 10:32 pm
Was it the IP personally you were speaking to, or a member of staff? Next time you have an issue, I would try and speak to the IP directly so that you get advice from the horse's mouth so to speak.
Regards, Melanie Giles, Insolvency Practitioner
 
 

moneypenny

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Post by moneypenny » Tue Nov 24, 2009 10:40 pm
mel she said she was my supervisor, i told her my ip name, and she said do you want to speak to him, as i deal with your case, but i can get him to ring you if you think i cant help,.
she makes you feel awkward, i don't understand why she just doesnt get him to ring me. i know that she is not an ip. anyway i'm sending my new in/exp by recorded delivery to the ip stated on my court documents.
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MelanieGiles

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Post by MelanieGiles » Tue Nov 24, 2009 10:43 pm
Her job description may be a "supervisor", but the "Supervisor" of your IVA is the IP. As a paid employee of the IP, she has no right to make you feel awkward, and your IP has to take ultimate responsibility for your case - and he must make himself available to speak to you if necessary.
Regards, Melanie Giles, Insolvency Practitioner
 
 

moneypenny

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Post by moneypenny » Tue Nov 24, 2009 10:58 pm
it was the supervisor who called me from the court, to accept modifications within the hour, but court document says different, if she was in my local court that day, do i have the right to actually discus my iva in person, rather than on the phone, or would they had had to make a special visit just for that day.
Last edited by moneypenny on Tue Nov 24, 2009 10:59 pm, edited 1 time in total.
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MRBLUESKY

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Post by MRBLUESKY » Tue Nov 24, 2009 11:16 pm
hi moneypenny at first when proposing a iva the supervisors/ips responsibility is to support the debtor.after the iva is accepted the support changes to the creditors,but they have a legal obligation to help the debtor while supervising the terms and conditions of the iva.PS melanie and other ip,s who post on this site go the extra mile to help us debtors.
Last edited by MRBLUESKY on Tue Nov 24, 2009 11:21 pm, edited 1 time in total.
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