New to IVA and forum

[kitty14]

Update:

Happy with NatWest now everything is sorted.
Finally got my chair report back today and seeing it was 100% voted for is amazing.
I start my first payment of £90 in February (23.91p to the £) Here goes to the next 5-6 years thank you so much everyone.

[kallis3]

Great news Kitty - really pleased for you.

[Foggy]

Excellent --- now we are cooking on gas !

[kitty14]

Hello again,

I have some questions now this is up and running.

I initiated a gas and electric switch back in December it has now completed from EDF to British Gas for dual fuel. I shouldn’t run into any issues as this is direct debt. I mean it has set up fine.
I just don’t want any nasty surprises, so far I have encountered that my local council decided to write off my remaining council tax of £200 odd due to “bankruptcy” I was fine paying the monthly so quite annoyed that has happened.

Also does this mean I can no longer keep switching things like my gas and electric? And my phone bill? I pay direct debit for a sim only deal with o2 which I usually change when there’s better deals.

Thanks in advance I never really thought about all these minor things d’oh!

[Foggy]

Hello again,

I have some questions now this is up and running.

I initiated a gas and electric switch back in December it has now completed from EDF to British Gas for dual fuel. I shouldn’t run into any issues as this is direct debt. I mean it has set up fine.
I just don’t want any nasty surprises, so far I have encountered that my local council decided to write off my remaining council tax of £200 odd due to “bankruptcy” I was fine paying the monthly so quite annoyed that has happened.

Also does this mean I can no longer keep switching things like my gas and electric? And my phone bill? I pay direct debit for a sim only deal with o2 which I usually change when there’s better deals.

Thanks in advance I never really thought about all these minor things d’oh!

Some councils write off as a matter of course ( mine does) as it is cheaper to do this than fiddle about with dividends. It is only in recent years that CT has been dragged in at all.

Account / utilities switching can be an issue if the new supplier credit checks and then fails to accept you. There is no real need to be doing this and, in theory, any savings you make will simply reduce your expenses and thereby increase your IVA payment -- so you get nothing for potentially rocking the boat. Best to let sleeping dogs lie.

[kitty14]

Hello again,

I have some questions now this is up and running.

I initiated a gas and electric switch back in December it has now completed from EDF to British Gas for dual fuel. I shouldn’t run into any issues as this is direct debt. I mean it has set up fine.
I just don’t want any nasty surprises, so far I have encountered that my local council decided to write off my remaining council tax of £200 odd due to “bankruptcy” I was fine paying the monthly so quite annoyed that has happened.

Also does this mean I can no longer keep switching things like my gas and electric? And my phone bill? I pay direct debit for a sim only deal with o2 which I usually change when there’s better deals.

Thanks in advance I never really thought about all these minor things d’oh!

Some councils write off as a matter of course ( mine does) as it is cheaper to do this than fiddle about with dividends. It is only in recent years that CT has been dragged in at all.

Account / utilities switching can be an issue if the new supplier credit checks and then fails to accept you. There is no real need to be doing this and, in theory, any savings you make will simply reduce your expenses and thereby increase your IVA payment -- so you get nothing for potentially rocking the boat. Best to let sleeping dogs lie.

Thanks, what will happen to the New Years council tax? Will it be apart of my Iva and I pay my say monthly payment of £78 to Stepchange instead?

[Foggy]

CT for this financial year is what has been written off ---- the coming years bill is a new debt and will not be in the IVA --- you will have to pay that to the council normally and it will be allowed as an essential expense in your I&E

[kitty14]

CT for this financial year is what has been written off ---- the coming years bill is a new debt and will not be in the IVA --- you will have to pay that to the council normally and it will be allowed as an essential expense in your I&E

Oh that’s good to hear another worry off my mind as I had no issues or arrears paying that.
Thank you I feel more at ease now.

[Mrs_Brown]

My IVA was approved in November a couple of years ago. Same thing happened with my council tax. I paid a little bit more to Stepchange in Jan, as I didn't have my council tax to pay, then in February and March I didn't have to pay anything extra to them and was able to keep the extra cash. I was worried that the council wouldn't let me reinstate monthly payments but all went OK the next year.