Search found 24878 matches

Search found 24878 matches Page 1 of 1659
by Foggy
Sat Feb 17, 2018 1:08 pm
Forum: Ask IVA Forum and Industry experts
Topic: Partners pay rise
Replies: 6
Views: 1816
Your IVA concerns your debts and the payment is based on your income. An increase in your partner's income will slightly increase his share of household expenses -- if CF even want to know -- so your IVA payment might go up by a few quid, but not much. It is not his place to pay your debts, so his ...
by Foggy
Sat Feb 17, 2018 10:29 am
Forum: Ask IVA Forum and Industry experts
Topic: Do I need to hear from my IVA company again.
Replies: 7
Views: 355
Hmmm -- it the letter says "we are happy to enclose your completion certificate", there should be one enclosed -- I do not think that letter is it ! The "Certificate" will only be a sheet of paper saying that you have complied with the terms of the IVA and that the IP is no longe...
by Foggy
Sat Feb 17, 2018 9:47 am
Forum: Ask IVA Forum and Industry experts
Topic: Partner's income
Replies: 3
Views: 480
Permanent pay rises are treated differently, and seperately, to overtime and bonus payments. Overtime / bonus payments are dealt with under the 10% 50/50 rules (sometimes this clause is just 50/50). Say your usual basic income is £2000 per month and, one month, you get overtime of £500. You are allo...
by Foggy
Sat Feb 17, 2018 9:37 am
Forum: Ask IVA Forum and Industry experts
Topic: Do I need to hear from my IVA company again.
Replies: 7
Views: 355
As Kallis says, do not shred everything -- file it away in the loft --- just in case. You shouldn't hear from them or your former creditors again apart from, maybe, an odd PPI claim authorisation. It has been four years since my completion certificate was issued and I have not had a peep out of anyo...
by Foggy
Sat Feb 17, 2018 9:34 am
Forum: Ask IVA Forum and Industry experts
Topic: We have paid off our IVA. A man came to our house to say we have to pay more.
Replies: 4
Views: 404
Completely agree with the above --- Report this to the police as it is likely to be a scam. No Insolvency firm or reputable creditor would appear on your doorstep. When did you pay the IVA off ? Do you have a completion certificate and are you still on the Insolvency Register ? Another reason why th...
by Foggy
Sat Feb 17, 2018 9:28 am
Forum: Ask IVA Forum and Industry experts
Topic: I keep getting a statement of account from Cahoot. IVA complete in 2016.
Replies: 3
Views: 353
Agree with the above. Out of interest, does the account show an outstanding balance ?
by Foggy
Fri Feb 16, 2018 7:19 pm
Forum: Ask IVA Forum and Industry experts
Topic: Is £9000 fees in an IVA correct?
Replies: 6
Views: 637
On a debt of £11,330 I would expect ( as mentioned above) : Nominees fee of around £1750 --- so they are low on that one. Supervisors fees of around 15% ( check your Chairman's report for how fees are to be charged), which would be £1695. So on the high side --- but they may be calculated on a time ...
by Foggy
Fri Feb 16, 2018 6:45 pm
Forum: Ask IVA Forum and Industry experts
Topic: Is £9000 fees in an IVA correct?
Replies: 6
Views: 637
How long has the IVA been running ?
by Foggy
Fri Feb 16, 2018 6:42 pm
Forum: Ask IVA Forum and Industry experts
Topic: Life after an IVA
Replies: 3
Views: 519
Hi Strapped -- coming up for around 6 years now ! How's are you finding it ? All good I hope.
by Foggy
Fri Feb 16, 2018 5:32 pm
Forum: Ask IVA Forum and Industry experts
Topic: Partner's income
Replies: 3
Views: 480
1 --- she is not obliged to disclose anything at all -- unless you are with Payplan, they will insist. They only need her income to calculate the fair share od household expenses between you ---- with no info they will assume a 50/50 split. 2 --- just short pay for a couple of months -- you will get...
by Foggy
Fri Feb 16, 2018 5:26 pm
Forum: Ask IVA Forum and Industry experts
Topic: Lump sum IVA
Replies: 1
Views: 464
The PPI and fees alterations are pretty much standard. As for insurance compensation --- you would have to confirm with your IP ( and get it in writing) but most let you keep compensation for pain and suffering -- anything else they pay to creditors.
by Foggy
Fri Feb 16, 2018 5:24 pm
Forum: Ask IVA Forum and Industry experts
Topic: Early settlement
Replies: 15
Views: 433
Hi everyone, just an update to say that my full and final offer was accepted, it's been paid so all done and dusted! Just when I sent my paperwork, my IVA company switched everything over to Creditfix - this was in November and it had all been sorted with creditors by the end of January. Much quick...
by Foggy
Fri Feb 16, 2018 3:31 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can a charge be put on your house when going bankrupt?
Replies: 9
Views: 579
If the O.R put the restriction on and subsequently said they had no further interest in the property you need to approach the O.R and ask them to arrange to have the restriction removed. I believe it was the former IP, in the IVA prior to BR. But, he wouldn't have an interest any longer as the debt...
by Foggy
Fri Feb 16, 2018 3:28 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can a charge be put on your house when going bankrupt?
Replies: 9
Views: 579
How was the house dealt with by the OR in bankruptcy ? Who are not prepared to remove the restriction? If this is the normal RX4 restriction placed by your former IP it is not a charge, as such, but a restriction and your former IP shoud be able to deal with it. The OR had an interest for a period ...
by Foggy
Fri Feb 16, 2018 2:54 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can a charge be put on your house when going bankrupt?
Replies: 9
Views: 579
How was the house dealt with by the OR in bankruptcy ?

Who are not prepared to remove the restriction? If this is the normal RX4 restriction placed by your former IP it is not a charge, as such, but a restriction and your former IP shoud be able to deal with it.
Search found 24878 matches Page 1 of 1659