Search found 27287 matches

Search found 27287 matches Page 1 of 1820
by Foggy
Wed Nov 14, 2018 2:30 pm
Forum: Ask IVA Forum and Industry experts
Topic: What would be an appropriate amount to offer as a full and final IVA settlement
Replies: 4
Views: 164
12 x220 .. so an offer should be based on £2640. As you are only shaving a year off of the term the creditors will not be making much in the way of admin savings, so there is little scope to reduce this figure by much. Also these offers take a few months to get through, so mention that you will be ...
by Foggy
Wed Nov 14, 2018 2:28 pm
Forum: Ask IVA Forum and Industry experts
Topic: CC
Replies: 4
Views: 75
Well done, Stanley --- now on the road to "normality" ! :-)
by Foggy
Wed Nov 14, 2018 2:27 pm
Forum: Ask IVA Forum and Industry experts
Topic: Would £4000 be enough to settle me IVA
Replies: 2
Views: 75
I would say that £4k was a little light and, in your shoes, would offer in the region of £7k - 7.5k, assumig you are not a homeowner. But I have seen low offers accepted before and it is, ultimately, down to your creditors.
by Foggy
Wed Nov 14, 2018 8:00 am
Forum: Ask IVA Forum and Industry experts
Topic: What would be an appropriate amount to offer as a full and final IVA settlement
Replies: 4
Views: 164
12 x220 .. so an offer should be based on £2640. As you are only shaving a year off of the term the creditors will not be making much in the way of admin savings, so there is little scope to reduce this figure by much. Also these offers take a few months to get through, so mention that you will be r...
by Foggy
Wed Nov 14, 2018 7:56 am
Forum: Ask IVA Forum and Industry experts
Topic: Is it possible to get a Help To Buy mortgage while you are in an IVA agreement?
Replies: 2
Views: 166
Yes, the IVA will stay on file for 6 years from the start date. You will not get a mortgage while you are in the IVA.
by Foggy
Tue Nov 13, 2018 9:22 pm
Forum: Ask IVA Forum and Industry experts
Topic: Cashback
Replies: 6
Views: 319
Probably treated as a windfall and under £500 so OK. In any event it is not really "income" -- it is a refund on money you have spent from your agreed allowances.
by Foggy
Tue Nov 13, 2018 6:20 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can childcare costs be included in IVA expenses
Replies: 5
Views: 465
Yes absolutely it has to be included! Apart from rent/mortgage this is likely to be one of your biggest outgoings. I have had 3 children in childcare during the 5 years IVA and like you it tipped nearly £700 especially during summer holidays. It must be included and taken into account. We had an ar...
by Foggy
Tue Nov 13, 2018 5:22 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can I cancel my IVA and go with another company?
Replies: 4
Views: 409
No, you cannot cancel and move to a new company. You can allow the IVA to fail (or, indeed, they might just fail it for you, as you might have broken the terms). Whether the creditors will accept a new proposal will be up to them. You would be back to square one. How much extra credit are we talking...
by Foggy
Tue Nov 13, 2018 3:10 pm
Forum: Ask IVA Forum and Industry experts
Topic: Should my IP still be an interested party in relation to PPI claims
Replies: 2
Views: 393
Aperture are basically the GT insolvency arm rebranded. As regards PPI -- although you are no longer bound by the terms and conditions of the IVA, the PPI refund is still subject to that IVA, being an asset (albeit not known about at the time) that belonged to the IVA / Creditors, that existed durin...
by Foggy
Tue Nov 13, 2018 2:25 pm
Forum: Ask IVA Forum and Industry experts
Topic: Questions about IVA annual review
Replies: 3
Views: 457
1, why do they give allowances for meals at work; does anyone else have this? I actually take a packed lunch with me to work so how can I prove I use this, will they take the allowance away from me if I cannot prove it? The StepChange Budget Guidelines ( the guideline figures many firms use) includ...
by Foggy
Tue Nov 13, 2018 11:02 am
Forum: Ask IVA Forum and Industry experts
Topic: Can I get car finance once my IVA completes
Replies: 4
Views: 479
In any event you will need to wait until you get your completion certificate then you have two choices: Wait until your credit file clears (6th anniversary of the start of the IVA -- all being well) when you can apply for "normal rate" finance. Or, go ahead with the shot credit file and ap...
by Foggy
Tue Nov 13, 2018 10:58 am
Forum: Ask IVA Forum and Industry experts
Topic: Can childcare costs be included in IVA expenses
Replies: 5
Views: 465
It should be included as an allowable expense. After all, if no-one looks after the child, you don't go out to earn a wage to pay the IVA! However, it might well derail the IVA if the resulting drop in IVA payment makes the IVA unviable or simply no longer attractive to the creditors, so some care d...
by Foggy
Mon Nov 12, 2018 9:11 pm
Forum: Ask IVA Forum and Industry experts
Topic: Why are Barclays still contacting me?
Replies: 8
Views: 747
Still nothing to worry about. I guess I’d just hoped that making a full & final settlement meant the letters would stop coming, doesn’t seem right somehow. It was an incredibly stressful time in my life but it should be dealt with now. These things do take time to filter through cumbersome syst...
by Foggy
Mon Nov 12, 2018 9:09 pm
Forum: Ask IVA Forum and Industry experts
Topic: Trying to rent
Replies: 8
Views: 686
Do not hide your involvement in an IVA in any contractual or legal paperwork or discussion. Failure to divulge this when asked would not be looked at lightly. Yeah sorry I meant that. Obviously I’ll tell them if they ask. They will discover it on the credit check --- then you will have paid the sea...
by Foggy
Mon Nov 12, 2018 7:29 pm
Forum: Ask IVA Forum and Industry experts
Topic: Trying to rent
Replies: 8
Views: 686
Often a guarantor and / or increased deposit / rent in advance will tip the balance. As Kallis says, try private landlords as well. Many in an IVA have managed. You can also ask the agent to speak to the owner to see if they will accept regardless of the IVA -- try to find an agent who wants to help...
Search found 27287 matches Page 1 of 1820