Search found 27510 matches

Search found 27510 matches Page 1 of 1834
by Foggy
Tue Dec 18, 2018 7:59 am
Forum: Ask IVA Forum and Industry experts
Topic: Early release?
Replies: 6
Views: 340
To my feeble mind a great part of the IVA is the rehabilitation aspect and, of course, leaving the experience debt free. I feel that early exit loans defeat both of those aspects and lead you right back into a potential debt spiral.
by Foggy
Mon Dec 17, 2018 7:16 pm
Forum: Ask IVA Forum and Industry experts
Topic: Letter from aperture
Replies: 2
Views: 325
Sounds like you have completed, although I stand by my last comment on this 28 day lull --- more tomfoolery and laziness. They won't have mentioned completion because, with your provider, it could take some time and they do not want to raise any dust.
by Foggy
Mon Dec 17, 2018 7:00 pm
Forum: Ask IVA Forum and Industry experts
Topic: Early release?
Replies: 6
Views: 340
Also -- have a look here https://debtcamel.co.uk/aperture-iva-exit-loan-sprout/ and here: https://debtcamel.co.uk/ip-regulation-major-problems/ Where Debt Camel says : Early exit loans I was critical of these on their introduction in 2016. The IS review says: The loans… ultimately cost the debtor su...
by Foggy
Mon Dec 17, 2018 6:57 pm
Forum: Ask IVA Forum and Industry experts
Topic: Early release?
Replies: 6
Views: 340
I assume what they have actually offered you is an early release loan --- these do work for some but not all --- nothing to lose by getting the figures together ! I do look at these things with a smidgen of suspicion --- making every payment is a requirement of the arrangement and not grounds for a ...
by Foggy
Mon Dec 17, 2018 6:30 pm
Forum: Ask IVA Forum and Industry experts
Topic: Redundancy money
Replies: 13
Views: 407
emma221 wrote:
Bloody hell, don't get to keep much then :(


No -- but at the end of the day you get a chunk of debt written off :-)
by Foggy
Mon Dec 17, 2018 5:59 pm
Forum: Ask IVA Forum and Industry experts
Topic: Redundancy money
Replies: 13
Views: 407
Hiya, thank you for your reply, will they allow us to keep 6 months worth of pay even though he will be employed in 3 weeks time ? His new wage will be higher so will need to do an I&E again. Standard clause says: At the point new employment is obtained the supervisor will review the debtor's I...
by Foggy
Mon Dec 17, 2018 5:35 pm
Forum: Ask IVA Forum and Industry experts
Topic: Amigo are hounding even though I am bankrupt
Replies: 3
Views: 378
Hi I’m looking for advice really I lost my job so payments were transferred to my guarantor since then my guarantor entered an iva to which amigo loans were added to. Amigo loans then issued a Ccj to myself. Due to the level of debt I was in I went bankrupt. Amigo loans are still persuing me for th...
by Foggy
Mon Dec 17, 2018 5:33 pm
Forum: Ask IVA Forum and Industry experts
Topic: I Got accepted ... yeahhhhh
Replies: 4
Views: 363
Well done :-) You did well to keep the £100 --- doesn't usually pan out that way !
by Foggy
Mon Dec 17, 2018 5:31 pm
Forum: Ask IVA Forum and Industry experts
Topic: Redundancy money
Replies: 13
Views: 407
The standard clause is that they allow you to keep the equivalent of six months income with which to carry on while looking for work. They take the rest. Now, when you find new employment, anything left from the 6 months worth also should be handed over to your IP (from what I gather, not all IP's s...
by Foggy
Mon Dec 17, 2018 10:00 am
Forum: Ask IVA Forum and Industry experts
Topic: meeting at 3 today .... panicking
Replies: 4
Views: 444
Most votes, these days, are made by email, phone or fax and gathered prior to the "meeting" (which is often no more than a count). You should know the result within an hour, but some firms are very lax and seem to forget that you are there, waiting! Be prepared to chase them.

Good luck.
by Foggy
Mon Dec 17, 2018 9:35 am
Forum: Ask IVA Forum and Industry experts
Topic: I think I was miss-sold my IVA
Replies: 3
Views: 476
Fees in an IVA are usually around 15% of the IVA payments plus around £2000, those in BR are somewhat higher! You can complain, via the government gateway, to the IP's regulators at https://www.gov.uk/complain-about-insolvency-practitioner, although there is probably very little they can / will do a...
by Foggy
Mon Dec 17, 2018 7:58 am
Forum: Ask IVA Forum and Industry experts
Topic: Credit report problem
Replies: 3
Views: 578
Did you check all three credit reference agencies ? Sometimes one will show what the others do not.

You should do as Luluj suggests and have a chat with Ryan and / or Shaun, both of whom have a lot of experience of dealing with IVA speckled histories.
by Foggy
Sat Dec 15, 2018 7:46 pm
Forum: Ask IVA Forum and Industry experts
Topic: Iva accepted yesterday!
Replies: 8
Views: 984
Onward and Upward, Teiganh.
by Foggy
Sat Dec 15, 2018 6:04 pm
Forum: Ask IVA Forum and Industry experts
Topic: Guarantor loans
Replies: 1
Views: 935
Guarantor loans will have to be paid by the guarantors if you are unable to make the agreed payments, even if you enter an IVA they will still have to pay.
by Foggy
Sat Dec 15, 2018 6:02 pm
Forum: Ask IVA Forum and Industry experts
Topic: I am in my 6th year of IVA
Replies: 2
Views: 967
As equity has already been addressed I would imagine that this is an error. Give Hanover a ring to confirm and ask them to give it to you in writing.
Search found 27510 matches Page 1 of 1834