Search found 26563 matches

Search found 26563 matches Page 1 of 1771
by Foggy
Sun Aug 19, 2018 8:36 am
Forum: Ask IVA Forum and Industry experts
Topic: Credit Fix... again
Replies: 5
Views: 651
Normally votes are in before the meeting and I was always under the impression that they should be done by the time of the meeting and, if not, if it makes no difference to the outcome, creditors who don't vote, are bound anyway. Is this for variation meetings for F&F? Yes, variation meetings f...
by Foggy
Sun Aug 19, 2018 8:34 am
Forum: Ask IVA Forum and Industry experts
Topic: Behind with payments
Replies: 1
Views: 102
Help. We are in trouble with our Iva with PayPlan. I have been out of work for several months and unable to pay. We are in total 10 months behind and in month 60. We haven’t done any i and e reviews in that time and now they are asking for current i&e and p60’s for he last 4 years. There have b...
by Foggy
Sun Aug 19, 2018 8:27 am
Forum: Ask IVA Forum and Industry experts
Topic: Iva and windfall
Replies: 4
Views: 212
As recovering says, they could see the windfall on your bank statements, which they can ask for at any time, especially at the annual review. These things do have a habit of coming out of the woodwork. Also, if it was fom an inheritance, the executors are duty bound to check and contact your IP befo...
by Foggy
Sat Aug 18, 2018 6:00 pm
Forum: Ask IVA Forum and Industry experts
Topic: Final payment next month
Replies: 8
Views: 307
CF are awful at communication, but their completion process does seem to be one of the less painful. They tend to follow the path of least resistance to provide a budget airline service.
by Foggy
Sat Aug 18, 2018 3:31 pm
Forum: Ask IVA Forum and Industry experts
Topic: PPI?
Replies: 3
Views: 324
In theory the PPI and similar refunds are assets of the IVA in perpetuity. In reality, it depends on whether it is economical, or the IP is motivated enough, to dig out old records and contact former creditors.
by Foggy
Sat Aug 18, 2018 11:58 am
Forum: Ask IVA Forum and Industry experts
Topic: Process of a F&F
Replies: 4
Views: 412
Thanks guys. Fingers crossed it won’t take that long to go through and then hopefully it’s excepted! But from reading others posts on here I take it Credit Fix are not quick moving! I’ve only been with them a couple of months as I was always with Knightsbridge and they were really good. They are no...
by Foggy
Sat Aug 18, 2018 10:42 am
Forum: Ask IVA Forum and Industry experts
Topic: End in sight?
Replies: 4
Views: 476
Payplan do march to their own drum these days ! To be honest I am surprised that an IVA was offered for such a small debt -- bit of a sledgehammer to crack a nut ! But, of course, there might have been good reasons at the time. Balances on credit reports, or even creditor statements, cannot be relie...
by Foggy
Sat Aug 18, 2018 8:18 am
Forum: Ask IVA Forum and Industry experts
Topic: Extra debt
Replies: 2
Views: 450
I am currently on an IVA through Hanover Insolvency, plan was accepted March 2018, so far so good. However I have recently received a letter of enforcement for a penalty charge notice dated Dec 2017. Amount owed now stands at £423, for £70 parking charge I thought was covered. What can I do? I'm so...
by Foggy
Sat Aug 18, 2018 8:07 am
Forum: Ask IVA Forum and Industry experts
Topic: End in sight?
Replies: 4
Views: 476
To be fair, and depending on the make up of your debt, £14k to clear £8k isn't that bad a deal. If you had paid it in the "normal" way (minimum payments and all) you could have paid the debt amount again in interest only and still be left with the principal sum ! Amyway .... Most IP's woul...
by Foggy
Sat Aug 18, 2018 7:59 am
Forum: Ask IVA Forum and Industry experts
Topic: Income gone down
Replies: 15
Views: 2211
Hi Lisa When I first applied, I wasn't well informed on the different procedures available. I was just relieved to get lower debt payments. Also the bankruptcy fees were impossible to find. In hindsight I should have opted for bankruptcy. The initial relief of lower debt payments has now been repla...
by Foggy
Sat Aug 18, 2018 7:57 am
Forum: Ask IVA Forum and Industry experts
Topic: Basic bank account
Replies: 8
Views: 424
I think they will, even for a basic account. I would go in branch and be upfront and clear, talk it through with an advisor before they do any paperwork, otherwise they might try to upsell and you will be refused anything above basic.
by Foggy
Sat Aug 18, 2018 7:51 am
Forum: Ask IVA Forum and Industry experts
Topic: Process of a F&F
Replies: 4
Views: 412
Back in the day, when I had an arranged overdraft, it used to show as available on my statements, so would have posed no problems in your situation. Hopefully CF have fixed their self made problem and you will have time to put an offer through.
by Foggy
Fri Aug 17, 2018 4:16 pm
Forum: Ask IVA Forum and Industry experts
Topic: Mortgage advice post Bankruptcy
Replies: 2
Views: 662
I would suggest having a chat with either Ryan : https://www.iva.co.uk/forum/memberlist.php?mode=viewprofile&u=18488 or Shaun: https://www.iva.co.uk/forum/memberlist.php?mode=viewprofile&u=22837 Both are whole of market brokers with considerable experience in adverse credit applications and ...
by Foggy
Fri Aug 17, 2018 2:39 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can creditors come back for more once IVA cleared
Replies: 6
Views: 681
I might add that, if it covers that all, you will be entitled to keep any PPI refunds you might get, so, at the same time as the completion certificate, ask the IP for a letter of no interest in PPI.
by Foggy
Fri Aug 17, 2018 2:37 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can creditors come back for more once IVA cleared
Replies: 6
Views: 681
OK -- the divorce settlement will be regarded ar a windfall and will all be payable into the IVA. If it brings you to the settlement figure of full debt, plus fees and possible statutory interest, the IVA will conclude. If it brings you close, the IVA will conclude when the following few payments hi...
Search found 26563 matches Page 1 of 1771