would an iva effect application to emigrate

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adam-r

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Post by adam-r » Thu Feb 12, 2009 7:48 pm
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1. would taking an iva effect application to emigrate either during the iva or on completion?

2.if your earnings increase during the term of the iva will monthly iva payments increase?

3. i am currently living with my parent and siblings, will taking an iva effect their credit rating?
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MelanieGiles

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Post by MelanieGiles » Thu Feb 12, 2009 7:51 pm
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Hi Adam and welcome to the forum

1 No. I have lots of clients who live abroad and happily make their contributions from foreign lands.

2 Possibly - but only if your increased expenditure is less than the increased income.

3 It should not do - and if it does, they can file notices of disassociation with the credit scoring agancies thus breaking any connection which may have been made.

Hope this helps. Are you thinking of going anywhere nice?
Regards, Melanie Giles, Insolvency Practitioner
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David Mond

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Post by David Mond » Fri Feb 13, 2009 7:16 am
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Hi Adam-r - my only reservation is an visa application if you are thinking of emigrating toi the USA - you can check with the USA embassy on this though.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
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