Hi, We have been advised by CCCS to do an IVA.

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Shining

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Post by Shining » Wed Jun 23, 2010 4:08 pm
I spoke to Tina initially and she really does have a good ear and is very knowledgeable. All the best Marcus x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

Skippy

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Post by Skippy » Wed Jun 23, 2010 4:10 pm
Good luck, you're in safe hands with Mel and her team x
 
 

kallis3

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Post by kallis3 » Wed Jun 23, 2010 5:27 pm
Good luck from me as well.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

MelanieGiles

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Post by MelanieGiles » Wed Jun 23, 2010 9:00 pm
I'm reviewing the case this evening - but as it has been put forward by one of my star managers, am absolutely confident that it will be fine.

I will make sure that you are kept informed of our progress Marcus.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Marcus.ot

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Post by Marcus.ot » Thu Jun 24, 2010 11:18 am
Hi Melanie,

Thanks :) I had a sleepless one last night, only just got up after watching TV until 4am. TV really sucks at 4am!

So glad we decided to contact the "Giles Gang"! :)
 
 

kallis3

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Post by kallis3 » Thu Jun 24, 2010 12:20 pm
You've picked a good team Marcus.

I hope you manage to sleep tonight!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

Marcus.ot

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Post by Marcus.ot » Thu Jun 24, 2010 1:16 pm
Hey Kallis3, I doubt I will.....My guts feel like I'm about to perform on the main stage at Glastenbury at the moment. TBH, been the same for the last 6 months or so. Found out that my employer have a clause in my contract that ,eans if I do an IVA, DMP, BR or any such like, they will almost certainly imprison me in a chest of drawers. That or dismiss me.

Gotta try and amuse myself to keep my pecker up....

Gonna have a large coffee and plant myself in the garden for a bit. Wife says she will water me when required :)
 
 

Marcus.ot

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Post by Marcus.ot » Thu Jun 24, 2010 1:29 pm
Probably not going to tell them, depends on whether I can live with this feeling for the short term until the debt is sorted one way or another. If I tell them, they know and might enforce something, if I leave it to chance, then they may never know, or may find out at any day.

Might get my CV updated in preperation. That said, it's a small-ish firm and the people in HR\Finance like me....Weirdo's :p
 
 

kallis3

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Post by kallis3 » Thu Jun 24, 2010 1:42 pm
Your employer won't be told, so it's up to you whether you inform them or not. There is no reason why they would find out.

I'm sure you're a very nice person which is why they like you![:D]
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

Marcus.ot

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Post by Marcus.ot » Thu Jun 24, 2010 1:48 pm
:) Kallis3, I'm just down in the dumps today.

I wont tell them then...What about BR? Would I have to tell them then?

Thanks for your replies :)
 
 

kallis3

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Post by kallis3 » Thu Jun 24, 2010 1:52 pm
We all go through those phases, even those of us already in an IVA.

As to BR, unless it was near the end of the tax year, you would go onto a nil tax code so your wages department would be aware of that. You have to pay your tax for the remainder of the financial year to the Official Receiver and then it goes back to normal.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

Marcus.ot

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Post by Marcus.ot » Thu Jun 24, 2010 2:00 pm
Thanks for the info :)

Going to have some lunch now, and try and snap myself out of it...:D
 
 

kallis3

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Post by kallis3 » Thu Jun 24, 2010 2:12 pm
Enjoy your lunch, and we're always here with a virtual shoulder if you need it.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

Tina Shortland

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Post by Tina Shortland » Thu Jun 24, 2010 2:30 pm
Having spoken at length with Marcus I can vouch that he comes across as a very nice person so I would imagine his employers would not wish to part company with him He's got a good sense of humour too and as we all know, that is priceless with the amount of stress we all find ourselves in todays world!

As Marcus and I discussed it is up to him whether he chooses to brief his employer or not but he does leave the risk open should the employers choose to take action based on the contractual clause, for whatever reason. If its a small company and he is favoured by his employer then it should not be an issue. As with everyone, being in an IVA does not automatically mean someone cannot continue to be great at their job so it should be irrelevant, especially if they are not anything to do with company finances.

Anyway, I ramble. This forum is great for support - you've found some great virtual buddies on here Marcus as well as a fantastic IP to look after you.

Hope you put suncream on as you really will be down in the dumps with sunburn!

:-)
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.

If you’re looking for effective debt related information, articles and news, then go now to our on-line advice service at www.debtadvicetv.com

If you’re ready to ask us for specific advice or help, then get in touch at www.call-me.debtadvicetv.com so you can start to free yourself from the stress and anxiety of overwhelming debt.
 
 

kallis3

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Post by kallis3 » Thu Jun 24, 2010 2:40 pm
It's not often that you can get sunburnt in this country!

You've picked a great team and they will help you every step of the way.

As will your new forum buddies of course!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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