www.iva.co.uk

Hi All
Well I have just heard back from Accuma and they have said that the IVA has been approved. There is a slight increase in payments but I can cover that without to much worry. I am so happy. Five years/60 months I am sure will fly by. Dont know how the voting went yet.
Just one question that I asked Accuma but would like conformation on is that there is no 50% overtime or bouns clause in my proposal. Does this mean if I do overtime or receive a bouns I do not have to hand over 50% to the IVA? I do overtime on a regular basis and bouns is not guranteed and rare so where do I stand at the annual review would I be expected to pay more in year 2 if I have earned the overtime/bouns during year 1 or is it mine to keep for a rainy day.
A massive thank you to everyone on this website for the support/advice and answers. You are truly amazing. Another sucess for Thomas Charles and Accuma. Special Thanks to Ann Marie at Thomas Charles. The two extra payments are well worth the expense to make sure you have the best proposal going forward and another thank you to Colin Forrest and my IP Jane Madeleine Laura Finch at Accuma. I think a few beers or a cheap bottle of wine might be on the agenda tonight.
Regards
Adam

So pleased for you that it was approved. yes, the time will fly by. We are 31 months in and we haven't looked back.
Unsure on your other point though about the overtime etc as we have that modification but no doubt someone will reply soon who knows the answer. My understanding though is if its not there then no you dont have to pay the 50% but obviously they will review your i/e in 12 months time so dont know how this would affect it.

Definitely time to relax tonight!!!!

If you do not have the 50% uplift clause, then your IP will probably look at your average monthly earnings at the annual review stage to calculate your new earnings for the next year. You will also have any increased expenditure taken into this account at this time.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

Brilliant Stuff Adam
I'm so pleased for you !
Heres to yur new future =) =)

Marie

Hi Adam
Many many congratulation! Well done!
Have a great weekend,
best regards
Dawn

Well done! I'm nearly threee months in and its flying by. Think I have finally got everyone to realsie I'm in an IVA now and thanksfully, the calls and letters have stopped!

Hi All
It is a great feeling to know you finally have a chance to put things right without the phone calls and letters. Good luck for your meeting Marie and for anyone else going thorugh the process. I will continue to post on here as I am sure there will be questions that pop up.
Thanks Again to everyone.
Adam

Thanx Adam !
I c u had some of the creditors i have !

Marie

Hi Marie
Yes I think we have some of the same creditors so lets hope they approve you as well. What is the return you are offering? Mine is 52P in the £.
Adam

Hi
Well done Adam
Can you let us know how the voting went once you get the details.
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

Hi Andy
Will let you know as soon as I have the infomation.
Adam

Great news Adam
All thge best.[:D]

Well done Adam and thanks for the feedback I will make sure that Ann Marie gets to read it.



Best Regards
Oliver

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

Hi Adam

Congratulations on your acceptance. I am so pleased for you. May the ale flow fast and furious! Yes it is a good start to the weekend. At least in 5 years time you will be debt free.

Regards

RedDevil [:)][:)][:)]

Well done Adam, I'm really pleased for you - enjoy the beer!

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/