I have a pre booked holiday

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gemma783

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Post by gemma783 » Wed Mar 06, 2019 6:21 pm
I have a prebooked holiday that im paying off for monthly with less still to pay then ive already paid out, I had an IVA that failed with one company and have spent months trying to get it re established with another, Im assuming the creditors will need to be notified and a new IVA accepted with the new company, can they reject it due to the holiday? I have never taken my children on holiday this is something they have so looked forward to after me suffering with mental health and a divorce, can my creditors prevent me from going. Really stressed out by it all, the first company was really dodgy and now im with a well known and respected company im hoping all will be fine

Foggy

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Post by Foggy » Wed Mar 06, 2019 7:45 pm
They could object to the holiday --- but considering so much has already been paid towards it, might make some allowance, maybe by extending the IVA term.

Who were you with and who are you now using ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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gemma783

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Post by gemma783 » Wed Mar 06, 2019 8:04 pm
How could they object? like put a stop to me and my children going? I was with creditfix and it was horrendous, they faffed about for a year giving me no details of how to pay, everytime i rang they kept saying it was back at a meeting of the creditors and that someone would be in touch they even emailed me other peoples personal details im with stepchange now. Is it worth contacting creditors directly and offering a payment plan rather then trying to reboot the IVA? Ive got the certificate of termination. I am so keen on dealing with these debts but petrified they will force me into bankruptcy

Foggy

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Post by Foggy » Wed Mar 06, 2019 8:48 pm
Wed Mar 06, 2019 8:04 pmgemma783 wrote:
How could they object? like put a stop to me and my children going? I was with creditfix and it was horrendous, they faffed about for a year giving me no details of how to pay, everytime i rang they kept saying it was back at a meeting of the creditors and that someone would be in touch they even emailed me other peoples personal details im with stepchange now. Is it worth contacting creditors directly and offering a payment plan rather then trying to reboot the IVA? Ive got the certificate of termination. I am so keen on dealing with these debts but petrified they will force me into bankruptcy
They can't stop you going, but they will probably not allow for the payments in your allowances (but they just might) . So you would have to pay for the holiday out of your housekeeping allowance etc. Stepchange might be able to get some sort of agreement / compromise. Stepchange could also organise a DMP (payment plan) until you decide on the IVA. They have a better relationship with creditors and are more likely to get an agreement for a DMP than you doing it yourself.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

gemma783

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Post by gemma783 » Wed Mar 06, 2019 9:02 pm
Just to add the holiday payments come from child maintaince agreed with ex. Surely the children's money can't be touched. I'm confused as child maintaince isn't included in means tested benefits etc. So wouldn't it only be what my income is.

luluj

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Post by luluj » Thu Mar 07, 2019 5:49 am
If you can afford the payments out of your allowances then it should not be an.issue or concern of the iva or provider.

During our iva we went away using money from our allowances, and I know others did too - some went abroad others stayed in this country.

If you can afford to do it then do it ... and enjoy it !
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

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Radish

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Post by Radish » Sun Mar 10, 2019 8:40 am
I believe they view the total income. If you earn child tax credits I believe this can be counted in too. Its meant to be from your total income and enough left for food/clothing and amenities. Your allowed to have allowances for mobile phones and Sky TV, pets and insurance.

I couldn't afford a proper holiday when I was in an IVA but budgeted for some cheap trips away within the UK within my IVA allowances.
IVA complete March 2014 after 6 years.
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