www.iva.co.uk

Hello everyone, hope your well.
Got a letter saying our case has been handed over to the regional trustee and liquidator unit. What does this mean?

Says that they will be dealing with assets and payments.

Bit confused. I still have my house due to -ve equity(ive now bought the OR share)and car. the OR said i can keep that.

Are these people going to want my assets mentioned above?

How about money? I have been paying moonbeever the set amount and im waiting to hear back from them about amount owing due to nil tax code. Im pretty annoyed at them as ive been pestering them for a figure to pay them each month but they never return calls/emails. I think i have a figure now for tax but not 100%

Anyway are they going to want to see outgoings/wage slips/bank statements all over again.

What is their job?[:D]

Massive thanks as always

Moon Beaver are the solicitors used by the OR to collect Income Payments Orders.

I am suprised that you have been referred to an RTLU - it must be so that they can monitor your ongoing payments, but this does not usually happen unless you have assets which need to be realised.

I spoke to them today and asked exactly why ive been sent to them.
They say as i have an IPA its normal for them to get involved to "monitor" payments

They mentioned my property and explained it was mine now due to buying back interest so they were happy.

Im a little worried as i got a £500 anual pay rise i havent mentioned(i know but the extra came in handy for Oscar). will they get told by tax office about it?

Unlikely - and not really worth pursuing at the end of the day.

Will the tax office send info to the OR?

cheers Melanie

I would not have thought so - they are far too busy chasing tax dodgers!

Roger that.

Was just wondering as im getting more money so should be contributing more tax in stead of paying the fixed amount moon beaver tell me to.

Dont want to get on wrong side of tax office

Well you are obliged to keep the Trustee informed of payrises, but these need to be set off against increased expenditure.