Search found 27718 matches

Search found 27718 matches Page 1 of 1848
by Foggy
Sun Jan 20, 2019 2:19 pm
Forum: Ask IVA Forum and Industry experts
Topic: Selling my car
Replies: 6
Views: 370
If you sell on eBay, everything you make is your own. Surely a car comes under this category. I must admit the assets thing of what you can sell and keep confuses me a little? If it is listed as an asset of the IVA, you keep it in your possession, but if you dispose of it the proceeds belong to the...
by Foggy
Sun Jan 20, 2019 11:20 am
Forum: Ask IVA Forum and Industry experts
Topic: Selling my car
Replies: 6
Views: 370
If you sell on eBay, everything you make is your own. Surely a car comes under this category. I must admit the assets thing of what you can sell and keep confuses me a little? If it is listed as an asset of the IVA, you keep it in your possession, but if you dispose of it the proceeds belong to the...
by Foggy
Sun Jan 20, 2019 10:56 am
Forum: Ask IVA Forum and Industry experts
Topic: Should I still be paying for loan if she is in an IVA?
Replies: 8
Views: 1021
If this loan is in her name only and is in her IVA, then you should not be paying any of it. Are you paying "your half" as currently agreed direct to her ?? If so this could open a can of worms as she is actually making no direct payment of this loan herself and could be using your payment...
by Foggy
Sun Jan 20, 2019 10:37 am
Forum: Ask IVA Forum and Industry experts
Topic: Changing jobs in an iva?
Replies: 2
Views: 370
It would make things a bit more complicated, but nothing insurmountable and your income would have to be monitored more closely to ensure you pay the correct amount each month. It is unlikely that you would be allowed to reduce the current payment by much, if your earnings dipped, so be mindful that...
by Foggy
Sun Jan 20, 2019 10:33 am
Forum: Ask IVA Forum and Industry experts
Topic: Should I cancel my payments?
Replies: 4
Views: 380
As Kallis says you need to check with your provider before cancelling payments. Give them a call --- you might have to be persistent, they are not good at communication!
by Foggy
Sun Jan 20, 2019 10:32 am
Forum: Ask IVA Forum and Industry experts
Topic: Can I take a car on finance and then go for an IVA?
Replies: 1
Views: 334
Most HP / PCP agreements have an insolvency clause, though it is not always acted upon. However, if you go down this route be prepared to have the car repossessed. If you are aware that an IVA might be looming, you could be deemed ( if push comes to shove ) to have acted unlawfully in taking credit ...
by Foggy
Sun Jan 20, 2019 10:24 am
Forum: Ask IVA Forum and Industry experts
Topic: Selling my car
Replies: 6
Views: 370
As it is listed as an asset, yes, you do need to keep your IP in the loop.
by Foggy
Sat Jan 19, 2019 10:03 am
Forum: Ask IVA Forum and Industry experts
Topic: Balance from PPI
Replies: 3
Views: 818
It depends on what you mean by "my IVA is left @ 11k" .... Do you mean the remaining agreed payments are £11k ? Or the balance of the original debt, plus fees and statutory interest is £11k ? In an IVA you do not just "owe" the agreed payments. You still "owe" the full ...
by Foggy
Sat Jan 19, 2019 10:00 am
Forum: Ask IVA Forum and Industry experts
Topic: Final Payment
Replies: 4
Views: 814
It is common practice for debts to be sold all the time. They are usually sold off as "auction style lots" --- bundles of debts of all types and status and the buyer takes the risk that some are in IVA's.
by Foggy
Fri Jan 18, 2019 9:31 pm
Forum: Ask IVA Forum and Industry experts
Topic: Ok - IVA why bother take 2
Replies: 6
Views: 877
If everything went your way and you had nerves of steel -- it might work. The loans, however, would not be defaulted, just left showing arrears for ever.There is no time limit on undefaulted accounts showing on your credit files. Bailiffs can be quite persistent, and some not so adherent to the &quo...
by Foggy
Fri Jan 18, 2019 12:57 pm
Forum: Ask IVA Forum and Industry experts
Topic: Will an IVA affect my home?
Replies: 4
Views: 970
There is a possibility that they will reject an IVA if they feel that they stand more chance of getting repaid from equity in the home. Might I suggest having a chat with either Ryan or Shaun ( or both of them) to see about releasing some equity to cover the debts. Their details can be found here: R...
by Foggy
Fri Jan 18, 2019 12:51 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can I claim back PPI that was paid to my IVA
Replies: 3
Views: 940
They are being a bit "inventive" with the facts. If you have or had an IVA, PPI is rightly payable to the creditors as recently ratified in court. IF, after the IVA completes, the IP declares that he has no interest ( a rare occurrence) any PPI still due to be claimed could be yours. This ...
by Foggy
Fri Jan 18, 2019 10:17 am
Forum: Ask IVA Forum and Industry experts
Topic: finally got IP to get back in touch with me .... not happy
Replies: 3
Views: 976
You cannot cghange IVA providers once the IVA has started. The person who has left was your case handler --- however the person ultimately responsible is your IP (supervisor). Get their name from your paperwork, or the insolvemcy register and write direct to them by recorded delivery , keeping copie...
by Foggy
Thu Jan 17, 2019 5:35 pm
Forum: Ask IVA Forum and Industry experts
Topic: Full & Final offer
Replies: 11
Views: 6233
The letter has to be from the donor --- sort of "chain of evidence" for the creditors. It shouldn't restart the clock --- just check what it actually says in the variation proposal, when they draft it. No idea on the variation appointment (assumimg this is a little chat before drafting ( t...
by Foggy
Thu Jan 17, 2019 5:27 pm
Forum: Ask IVA Forum and Industry experts
Topic: Will iva still stay on my file even if it fully settled & cleared in 2.5 yrs?
Replies: 16
Views: 5167
Extremely unlikely that you will get a mortgae from a lender that will allow you to keep your knees in the event of a missed payment ! Even if you could -- by joining in with the partner, you will taint that squeaky clean record they currently enjoy.
Search found 27718 matches Page 1 of 1848