Search found 24521 matches

Search found 24521 matches Page 1 of 1635
by Foggy
Tue Jan 23, 2018 1:13 pm
Forum: Ask IVA Forum and Industry experts
Topic: Total debt £16.7k, paid till date £6.5K. My IP is asking £19.5k to pay off IVA!
Replies: 1
Views: 41
I am half way through my IVA. I took the IVA out across 6 creditors for a total of £16.7 k. To date I have paid £6.5k back. I'm now in a position to pay this off but my IVA practitioner has asked for £19.5 k to do this, yet my total debt was only £16.7 and I've paid £6.5 already. I was always clear...
by Foggy
Tue Jan 23, 2018 11:19 am
Forum: Ask IVA Forum and Industry experts
Topic: What have people done about the creditfix move?
Replies: 3
Views: 71
When I was transferred to GT, many moons ago, (different firms but similar issues) I refused to sign and never had any issues because of it.
by Foggy
Tue Jan 23, 2018 11:17 am
Forum: Ask IVA Forum and Industry experts
Topic: 10% 50/50 - can you explain what this is please?
Replies: 1
Views: 85
The 10% 50/50 rule applies to overtime and bonus payments from work. Some people do not get the 10% but just 50/50, depending on which clauses they have. The 10% is the amount you are allowed to keep and is the amount equivalent to 10% of your usual baseline salary each month. After than the rest is...
by Foggy
Tue Jan 23, 2018 9:12 am
Forum: Ask IVA Forum and Industry experts
Topic: Professional training course
Replies: 6
Views: 119
Thanks, Like you say I'll declare it and explain everything then aslong I've abided by the rules everything should be fine. And then I can make a decision on my course from then on. Cheers Yes, although often a pain in the proverbial rear end, it is best to keep the IP appraised of everything (whet...
by Foggy
Tue Jan 23, 2018 9:09 am
Forum: Ask IVA Forum and Industry experts
Topic: What are the caps for expenditure under IVA?
Replies: 6
Views: 442
Where can I find out what the caps are for expenditures under an IVA. e.g. food, clothing, pet insurance etc? Thank you for your replies. I know the IP will make the adjustments being in my fourth year of my IVA. What I"m asking is:- Where are the caps written down? Who sets them? Are they inf...
by Foggy
Tue Jan 23, 2018 8:19 am
Forum: Ask IVA Forum and Industry experts
Topic: Professional training course
Replies: 6
Views: 119
Hi, Thanks for your advice. I guess this would come up in my review?? Would it not be a case of if I continue to meet my payments each month I would just be left alone? In regards to my bonus it is not a definite amount and fluxates each month so would they increase the payments just on the monthly...
by Foggy
Tue Jan 23, 2018 7:55 am
Forum: Ask IVA Forum and Industry experts
Topic: When is income increase reviewed?
Replies: 1
Views: 171
If you have the usual clauses ( check your proposal) a permanent pay rise is taken into account at the review following the rise and any increase applied from the month after the review. However, you do need to inform the IP when the rise happens, as it will show on payslips and they might assume it...
by Foggy
Tue Jan 23, 2018 7:53 am
Forum: Ask IVA Forum and Industry experts
Topic: Professional training course
Replies: 6
Views: 119
Yes you have to declare the bonus income and pay around half of it into the IVA. Depending on which clause you have you might get a 10% disregard (an amount equivalent to 10% of your normal monthly salary. not the bonus). It is all in your proposal. As for the cost --- you might just be able to cove...
by Foggy
Mon Jan 22, 2018 7:33 pm
Forum: Ask IVA Forum and Industry experts
Topic: About a pay rise
Replies: 6
Views: 290
Assuming you have the usual clauses you will keep all of the rise until the next review. From then on your IVA payment will increase by 50% of the rise each month.
by Foggy
Mon Jan 22, 2018 7:31 pm
Forum: Ask IVA Forum and Industry experts
Topic: Windfall/Statutory Interest/PPI
Replies: 6
Views: 1447
You also tell them to remove any reference to BR and they will do so. Hi, I had a conversation with Payplan today and they said they can't remove the bankruptcy clause after it has been signed as a legally binding agreement. So that one of the outcomes of the variation meeting will be that I may be...
by Foggy
Mon Jan 22, 2018 7:28 pm
Forum: Ask IVA Forum and Industry experts
Topic: I am in a trust deed and being accused that my wage slips are not real
Replies: 5
Views: 325
Why does she not wish to provide the statements ? She could redact them to hide her business and just leave your wage showing as a receipt into the account.
by Foggy
Mon Jan 22, 2018 3:52 pm
Forum: Ask IVA Forum and Industry experts
Topic: Kinsgate insolvency taken over by Vanguard Insolvency & PPI issue tossed around
Replies: 2
Views: 339
Vanguard should have paid the PPI to you as they seem to have no interest in it -- as Kallis says, technically it belongs to the creditors but I imagine the old Kingsgate records are archived and it isn't worth the trouble to dig it all out. Contact Balck Horse and tell them that Vanguard had no int...
by Foggy
Mon Jan 22, 2018 3:49 pm
Forum: Ask IVA Forum and Industry experts
Topic: Looking for mortgage. IVA still showing after certificate of Termination.
Replies: 3
Views: 364
You need to check the Insolvency Register to see if you are still on that --- if you are, send them a copy of the termination certificate. Once you come off of this you will then be able to get credit reference agency files from each of the three agencies cleared up if the start of your IVA was more...
by Foggy
Mon Jan 22, 2018 2:24 pm
Forum: Ask IVA Forum and Industry experts
Topic: I fear I may be homeless soon, my landlord has decided not to renew the rental
Replies: 2
Views: 357
Try your local authority and also look in the local paper for local landlords who rent privately without using agents --- many will not credit chs=eck and I am sure your current landlord will give you a reference. The L.A should also have a list of landlords you could try.
by Foggy
Mon Jan 22, 2018 1:08 pm
Forum: Ask IVA Forum and Industry experts
Topic: My mother is about to get an IVA, I feel she is being conned.
Replies: 8
Views: 543
I see no reason, two years after the fact, to mention any financial connection with the house. It is your house and your mother lives with you is all they need to know. Does she work and have an income with which to service an IVA ? If so they will base the figures on that, after making allowance fo...
Search found 24521 matches Page 1 of 1635