Search found 26332 matches

Search found 26332 matches Page 1 of 1756
by Foggy
Mon Jul 23, 2018 9:54 am
Forum: Ask IVA Forum and Industry experts
Topic: Will the IVA be happy with change in car
Replies: 2
Views: 116
If the car has been listed as an asset, you will need to tell them about the change. If it has been excluded and nothing else will change I shouldn't think they would be interested.
by Foggy
Mon Jul 23, 2018 9:53 am
Forum: Ask IVA Forum and Industry experts
Topic: What will happen at the end of my IVA
Replies: 1
Views: 110
Equity will need to be looked at now, it should have been addressed last month and, if the equity release clause is triggered, you will need to try to release or, failing this, have another 12 month extension. If you are unable to continue with payments you could ask creditors to accept payments mad...
by Foggy
Mon Jul 23, 2018 9:03 am
Forum: Ask IVA Forum and Industry experts
Topic: on failed iva / bankrupty
Replies: 2
Views: 295
I would have thought that the OR in bankruptcy, having dealt with equity as he saw fit, would have over-ridden the IVA Trust. However, I would suggest a word with a solicitor experienced in insolvency law. I believe Lisa has the number of a tame one. Her details are here: https://www.iva.co.uk/forum...
by Foggy
Mon Jul 23, 2018 6:45 am
Forum: Ask IVA Forum and Industry experts
Topic: Can I give an Amigo loan back?
Replies: 2
Views: 172
I have just received an amigo which I applied for I haven’t spent any of the money as it’s only been couple hours since it appeared in my account. I was wondering can I give the loan bk as I’m unsure I will be able to keep up payment ? You would have to look at the terms and conditions, but I would...
by Foggy
Sun Jul 22, 2018 7:41 pm
Forum: Ask IVA Forum and Industry experts
Topic: Positive outcomes early F&F
Replies: 3
Views: 423
Reasonable F&F offers often get accepted by most creditors -- it saves them time and administration costs, gives them a "bird in the hand" and allows them to write off toxic debt from the books a few years earlier. Whisper is that this paperwork issue will be sorted sooner, rather than...
by Foggy
Sun Jul 22, 2018 1:22 pm
Forum: Ask IVA Forum and Industry experts
Topic: Compensation for pain
Replies: 1
Views: 383
Hi I’m halfway through my IVA and was recently in a road traffic accidents, I’m due to receive compensation for pain and suffering as I’ve been under physio for over 4 months now. I’ve been told by a friend that I might have to declare this to my IVA. Could you please advise me as I thought the mon...
by Foggy
Sun Jul 22, 2018 10:52 am
Forum: Ask IVA Forum and Industry experts
Topic: Trying to stay positive
Replies: 6
Views: 423
Dave Ramsey is an American financial guy, who is on social media and I watch him on YouTube. Although I can't follow his "baby steps" at the moment because of the IVA, I do find his methods, ideas the way forward for me. I will have to start embracing the IVA more, because before I was li...
by Foggy
Sun Jul 22, 2018 9:49 am
Forum: Ask IVA Forum and Industry experts
Topic: eBay sales
Replies: 6
Views: 479
Hi Thanks for the replies. Definitely not a business, just trying to be able to give my son (12 years old) more games for his PlayStation. When I recently done my first annual review (2 months early!) The online bank statement request calculator tool, calculated these as my income. Also because I u...
by Foggy
Sun Jul 22, 2018 9:47 am
Forum: Ask IVA Forum and Industry experts
Topic: Trying to stay positive
Replies: 6
Views: 423
You need to embrace life in an IVA --- you have a set budget and just need to adapt to it. Life in an IVA isn't easy, but it is (in my case) far better than juggling the money to keep creditors happy. I actually had more to spend on shopping etc than when I was in debt. Search out bargains, go to th...
by Foggy
Sun Jul 22, 2018 8:55 am
Forum: Ask IVA Forum and Industry experts
Topic: £19k repaid on a £10k debt?
Replies: 6
Views: 712
The total amount to clear the debt sounds about right. But, I think that maybe the payments he is making are too high and based on the wrong income. When he gets overtime is he telling the IP each month? What is supposed to happen is that he has to declare extra income each month and pay the 50% wit...
by Foggy
Sun Jul 22, 2018 8:43 am
Forum: Ask IVA Forum and Industry experts
Topic: Payday loans while in an IVA
Replies: 22
Views: 1558
But You know I have milions things in head what gonna happen with my debts ... with my house ... thats why Im asking many questions I appreciate that your head is swimming with questions, but the only people who know the answers are your IP --- will he fail the IVA or allow it to be saved ? And the...
by Foggy
Sun Jul 22, 2018 8:40 am
Forum: Ask IVA Forum and Industry experts
Topic: eBay sales
Replies: 6
Views: 479
As said, as long as this isn't a business venture, there should be no problem.
by Foggy
Sat Jul 21, 2018 8:04 pm
Forum: Ask IVA Forum and Industry experts
Topic: Payday loans while in an IVA
Replies: 22
Views: 1558
Can You please tell what happen normally when I fail my IVA because of taking payday loans and have a bit bigger income? What they can do? Basically I would like to know what I can expect. No-one can tell you -- if the IVA fails the creditors will decide what they want to do about it. They could ma...
by Foggy
Sat Jul 21, 2018 6:51 pm
Forum: Ask IVA Forum and Industry experts
Topic: £19k repaid on a £10k debt?
Replies: 6
Views: 712
Hi Foggy, Thanks for your reply. My friend said there was no mention of how much the fees would be to the IVA providers, in terms of a stated amount, i.e, total fees £3,000 for running the debt, for example. It said something about a % on the first review, but gave no indication it would amount to ...
Search found 26332 matches Page 1 of 1756