IVA Calculator - Do I qualify?

Hi, Gary, and welcome.

Before you can advertise your services in your signature you will need to speak to the admin team to become an Industry Expert, if you have the right credentials.

https://www.iva.co.uk/volunteer-jobs

Reading the letter sent from Knightsbridge it states "The IVA was approved by your creditors on 6th August 2013. The IVA has been registered.You have agreed to make the following monthly contributions out of income. 60 monthly payments of £120.00 Total £7,200.00." I cannot find any refere...

PPI, and similar refunds, still belong to your creditors, via your former IP or successor, as recenty confirmed in the courts. Some IP's will have no interest and, in some cases, it might simply be uneconomical for the old files to be resurrected and creditors dealt with, in which case the refunds s...

Ask them for their written calculations as to what they are basing the increase on, then you will be able to challenge this increase if they are in error.

Have you had a recent pay rise or dramatic drop in outgoings ? ?

No --- the equity release investigations will still need to be made and the ommission will be discovered at closure, if not before. It is your responsibility to ensure that the terms you agreed to are carried out. If you have the equity release clauses, dig them out and have a read of what you have ...

I only had email contact, which they soon stopped responding to, initiated via the online contact link on the Register pages.

Send them the payslip and they should then ask you for £11.50, assuming you have the usual clauses, if this excess is due to overtime or a bonus payment.

Dig out your proposal and see what you agreed to under "Equity Release", usually in pre 2014 Protocol cases ( unless you have agreed to something different or have amended your terms to the later editions ) the options are to attempt to remortgage and, if that fails ( as it usually does) t...

Well done ! You are right, your journey will have it's bumps, but good communication with your IP will generally sort these out. Of course, we are also here to support and lend you an ear or shoulder if needed. Over the next couple of days your emotions will be all over the place ---- don't panic, i...

Do they hold more than 25% of your debt ?

Best of luck for this morning.

The morals might be open to interpretation, but the IVA was a rescue mission and things needed to be done. Unfortunately, for whatever reasons, you owed the money to your creditors but you dealt with that and these things never come without some cost to our lives.

Not always -- it all depends on your whole set of circumstances: Amount of debt, disposable income, are you a home owner, and many other things, including your job, make up of creditors etc.etc.

If you could give us a brief picture we might be able to give a more useful reply.

If you can remember the company they may be able to help, or ask the Insolvency Service if they have archived records they may be able to search.