Search found 27744 matches

Search found 27744 matches Page 1 of 1850
by Foggy
Thu Jan 24, 2019 7:58 am
Forum: Ask IVA Forum and Industry experts
Topic: Select Partnership?
Replies: 7
Views: 7440
I had a telephone interview with Select, they asked about my current mortgage provider and as the interest rate with them is low, said that the mortgage I have with them should stay. As I am only able to pay to the interest on this mortgage I thought that the mortgage would be to cover the whole of...
by Foggy
Thu Jan 24, 2019 7:56 am
Forum: Ask IVA Forum and Industry experts
Topic: RX1 form
Replies: 1
Views: 159
It is possible that your IP can negotiate an extension of 12 months instead of a restriction on the property, but he could also fail the IVA. This aspect should have been dealt with right at the start of your IVA, so there is some fault on their side too ! If they insist on the RX1 mention to the wi...
by Foggy
Thu Jan 24, 2019 7:49 am
Forum: Ask IVA Forum and Industry experts
Topic: If I sell my business can I give my father his money back?
Replies: 2
Views: 86
If you sell before the IVA has completed the money is due to be paid to your creditors up to the amount of full debt, plus fees and possible statutory interest, what is left will be yours to do with as you wish. Paying back your father would be seen as favouring one creditor (albeit an undisclosed o...
by Foggy
Wed Jan 23, 2019 9:18 pm
Forum: Ask IVA Forum and Industry experts
Topic: Magellan Homeloans
Replies: 1
Views: 175
Speak with Ryan and / or Shaun ... both whole of market brokers with connections with lenders who are more sympathetic to those of us with an IVA in the past. Ryan: https://www.iva.co.uk/forum/memberlist.php?mode=viewprofile&u=18488 Shaun: https://www.iva.co.uk/forum/memberlist.php?mode=viewprof...
by Foggy
Wed Jan 23, 2019 7:37 pm
Forum: Ask IVA Forum and Industry experts
Topic: Creditors meeting adjourned
Replies: 3
Views: 212
Does creation have more than 25% of the original debt ?
by Foggy
Wed Jan 23, 2019 3:05 pm
Forum: Ask IVA Forum and Industry experts
Topic: Chairman's report following F&F
Replies: 7
Views: 655
Great news, Kit -- please let us know how things go in the future.
by Foggy
Wed Jan 23, 2019 3:04 pm
Forum: Ask IVA Forum and Industry experts
Topic: Wife looking for work
Replies: 12
Views: 2700
When the time comes I would tell them that there are no options that need be discussed. Everyone agreed to her looking for work, which she is doing, so the agreement is being complied with. The only real option is to either carry on as is or ask for the condition to be removed.
by Foggy
Wed Jan 23, 2019 12:04 pm
Forum: Ask IVA Forum and Industry experts
Topic: Completed IVA - will I pass a credit check?
Replies: 3
Views: 376
Have you checked all three main credit reference agencies ? As well as the IVA not showing up, are there any remaining defaults or arrears showing on the reports? Are there any Notices of Correction on any of the reports ? If all is clear, you should be good to go.
by Foggy
Wed Jan 23, 2019 9:25 am
Forum: Ask IVA Forum and Industry experts
Topic: Redundancy pay and my IVA
Replies: 5
Views: 464
Jules -- I am afraid it is all as clear as mud ! They do not make these things easy !! The point of an IVA is to pay back as much as possible during the agreed term, not just the agreed payments ( which are a minimum expected return, not a set figure). During the IVA you owe the lot : full debt, fee...
by Foggy
Wed Jan 23, 2019 9:09 am
Forum: Ask IVA Forum and Industry experts
Topic: Last review with Payplan
Replies: 4
Views: 576
Hi Foggy I have dug out my paperwork and this is what is stated.. "A full review of income and expenditure will be undertaken annually, this must include a copy of the debtor's latest P60 together with payslips or bank statements evidencing receipt of wages for the 3 months immediately prior t...
by Foggy
Wed Jan 23, 2019 8:56 am
Forum: Ask IVA Forum and Industry experts
Topic: Why is my name still on the insolvency register?
Replies: 14
Views: 2759
Thank you for the update, Anthony. It is always good to hear when things go right as we normally only get the bad side of the story here.
by Foggy
Wed Jan 23, 2019 8:53 am
Forum: Ask IVA Forum and Industry experts
Topic: Wife looking for work
Replies: 12
Views: 2700
Hi, My wife is not on my IVA but one of the agreements at the start was she would seek to find employment but has been unable to find employment due to 3 children at 3 different schools also she never signed anything ,I just agreed she would seek work. Now I’m get hassled every 2 months from my pra...
by Foggy
Wed Jan 23, 2019 8:46 am
Forum: Ask IVA Forum and Industry experts
Topic: Cheque for a written off car
Replies: 3
Views: 410
It depends on what you intend to do with the money (as well as your IP). I have seen similar posts on here in the past where, as long as the money was used to purchase a like for like replacement, the money was wholly retained by the debtor. If you do not intend to replace the car the money could be...
by Foggy
Wed Jan 23, 2019 8:11 am
Forum: Ask IVA Forum and Industry experts
Topic: Redundancy pay and my IVA
Replies: 5
Views: 464
Hi Jules -- you have got it all wrong I am afraid! During an IVA you always owe the full amount of debt, plus fees and possible statutory interest. It is only at the end that anything unpaid is written off, So, they will take the full redundancy payment and IVA payments will continue until the end o...
by Foggy
Wed Jan 23, 2019 7:50 am
Forum: friends corner
Topic: I love this forum but.........
Replies: 3
Views: 530
I wish people would come back to tell us the outcome of their problem/ question. I've read a few threads and half way through reading replies I'm interested to see how it turned out. As i have similar questions or may come up with the same issue during my IVA, only to find the OP never returned aft...
Search found 27744 matches Page 1 of 1850