Search found 26616 matches

Search found 26616 matches Page 1 of 1775
by Foggy
Tue Aug 21, 2018 7:51 pm
Forum: Ask IVA Forum and Industry experts
Topic: Settling my IVA after equal pay claim windfall
Replies: 4
Views: 148
I would try the line that you MAY be getting this payment ... don't say how much. Tell him that you think that £15k would cover the full amount outstanding --- and if he feels otherwise could he give you a rough figure.
by Foggy
Tue Aug 21, 2018 7:19 pm
Forum: Ask IVA Forum and Industry experts
Topic: I have been dismissed from work
Replies: 1
Views: 127
First I would suggest you explain what is happening to your IP. Then, at the same time, ask for a payment break while you sort out benefits etc. Once you have that sorted you will need to do a new I&E. It may be that there will not be enough to continue the IVA. If that is the case you have a la...
by Foggy
Tue Aug 21, 2018 6:56 pm
Forum: Ask IVA Forum and Industry experts
Topic: Settling my IVA after equal pay claim windfall
Replies: 4
Views: 148
They usually ask for the whole windfall and refund the surplus. This is partly due to the fact that the final figure, being calculated on a daily basis will not be known until the last day, after creditors claims have all been finalised. The total to settle the IVA on a debt of £11k would be around ...
by Foggy
Tue Aug 21, 2018 6:37 pm
Forum: Ask IVA Forum and Industry experts
Topic: Hopefully and end in sight. Aperture.
Replies: 1
Views: 116
They shouldn't go back on something you have in writing. Credit file clear up will start about three months after you have the completion certificate, when you come off the insolvency register ... have a read here so you know what should happen and can check that it does . https://www.iva.co.uk/what...
by Foggy
Tue Aug 21, 2018 6:34 pm
Forum: Ask IVA Forum and Industry experts
Topic: HELP NEEDED PLEASE
Replies: 8
Views: 164
An IVA sounds plausible -- I would avoid the larger "factory" firms like Payplan and Stepchange, especially being self employed and go for a smaller firm who will see you as individuals. The amount of equity might be a sticking point, but this has to be considered along with everything els...
by Foggy
Tue Aug 21, 2018 5:35 pm
Forum: Ask IVA Forum and Industry experts
Topic: PPI and Aperture
Replies: 2
Views: 150
If Aperture cannot find you "on the system" they should, in all likelyhood, return the cheque to Halifax who then, knowing Aperture had no further interest, should send it to you. However, I am sure, once Aperture link you and the cheque up, they will gain an interest. It may be that they ...
by Foggy
Tue Aug 21, 2018 5:31 pm
Forum: Ask IVA Forum and Industry experts
Topic: What do final checks involve?
Replies: 7
Views: 176
They will need to undertake a review of the final year to ensure all monies paid over correctly and that all creditors have sibmitted a claim in order for final dispersements to be made to creditors and that any equity release has been managed properly in accordance to your iva agreement. Once all ...
by Foggy
Tue Aug 21, 2018 4:55 pm
Forum: Ask IVA Forum and Industry experts
Topic: What do final checks involve?
Replies: 7
Views: 176
Very little will make it fail at this stage, as long as all that was due has been paid -- it is just a matter of tying up all the loose ends sorting the final dividend and writing the final report. Some IP's do this in weeks, others take months .
by Foggy
Tue Aug 21, 2018 3:52 pm
Forum: Ask IVA Forum and Industry experts
Topic: DMP to IVA
Replies: 5
Views: 484
Lisa Thomas wrote:
Out of interest what reason did chose to do a DP originally, rather than an IVA or Bankruptcy?


Back when I started in 2010 it was a common thing for Payplan to put people in a DMP and convert to an IVA a year or two later. No idea why.
by Foggy
Tue Aug 21, 2018 2:48 pm
Forum: Ask IVA Forum and Industry experts
Topic: Inform creditors on IVA
Replies: 4
Views: 181
They will know soon enough. Telling them early will just give them more time to try to start bugging you for a payment.
by Foggy
Tue Aug 21, 2018 2:47 pm
Forum: Ask IVA Forum and Industry experts
Topic: IP wants to extend my IVA
Replies: 5
Views: 232
Thanks for the advice. I'll ask for the fees to be checked then. I don't want the IVA to fail. Would it be reasonable to offer to extend for another 12 months and ask the remain to be written off? Do I have only one chance to propose to creditors? In a full and final you can come back with a better...
by Foggy
Tue Aug 21, 2018 2:14 pm
Forum: Ask IVA Forum and Industry experts
Topic: IP wants to extend my IVA
Replies: 5
Views: 232
At the end of the day it will be up to the creditors to decide if the offer is acceptable. The less you offer, the more likely they are to say no. When my marriage went south we asked creditors to accept payments made to date, which was 32p in the pound rather than the 33p promised. We had made extr...
by Foggy
Tue Aug 21, 2018 2:06 pm
Forum: Ask IVA Forum and Industry experts
Topic: Would IVA be likely to get accepted
Replies: 10
Views: 211
That is something like 10 pence in the pound that the creditors will get back --- not a great amount and I would say borderline. But I have seen such dividends accepted before. I have 2 cars valued under 2k and a secured loan of 2.5k. The payments go up to £279 when the cars hp has finished in May ...
by Foggy
Tue Aug 21, 2018 2:05 pm
Forum: Ask IVA Forum and Industry experts
Topic: Ex is in an IVA that is affecting me
Replies: 8
Views: 215
Are you sure she is in an IVA? Seems odd to me. I AM CONFUSED MYSELF I THINK IT IS A VOLUNTARY ARRANGEMENT DONE THROUGH PAYPLAN. I THOUGHT IT IS THE SAME THING IVA. Probably a DMP -- debt management plan. This is an informal arrangement with creditors and the IP would have no interest in her financ...
by Foggy
Tue Aug 21, 2018 1:48 pm
Forum: Ask IVA Forum and Industry experts
Topic: Ex is in an IVA that is affecting me
Replies: 8
Views: 215
As Kallis says .. is she in an IVA ? If she was she would be on the register, also she would not be able to pay off one creditor in favour of the others and the house transfer would be suspicious too.
Search found 26616 matches Page 1 of 1775