Search found 1513 matches

Search found 1513 matches Page 1 of 101
by MerlinL14
Sun Dec 09, 2018 5:31 pm
Forum: Ask IVA Forum and Industry experts
Topic: Help For A Creditor
Replies: 19
Views: 1745
If he is being allowed to 'with hold' family debts until the IVA is complete then you need to make a formal complaint as he should never be allowed to have preferential agreements in place just because they are family. From your explanation seems he is trying to shaft everyone in preference to his f...
by MerlinL14
Sun Dec 09, 2018 3:15 pm
Forum: Ask IVA Forum and Industry experts
Topic: Zero hr contract..or now as known seasonal contract
Replies: 3
Views: 1478
You will need to speak directly with your IP or case worker so that a new I&E can be agreed.
by MerlinL14
Sun Dec 09, 2018 3:13 pm
Forum: Ask IVA Forum and Industry experts
Topic: Received inheritance
Replies: 5
Views: 1634
You will always owe 100% of your original outstanding debt, plus any fees and statuary interest at 8% or so. The figure you received when your proposal was accepted is a minimum dividend to achieve. You will lose all of the £5k to your IVA and ultimately your creditors. There is no reduction in this...
by MerlinL14
Fri Dec 07, 2018 10:17 pm
Forum: Ask IVA Forum and Industry experts
Topic: Is this a scam?
Replies: 6
Views: 2119
Never pay an upfront fee for any service, as you suspect it smells like £$%^ and looks like £$%^ it probably is £$%^.
by MerlinL14
Fri Dec 07, 2018 3:38 pm
Forum: Ask IVA Forum and Industry experts
Topic: How do I work out the pence to pounds??
Replies: 11
Views: 2164
26p is a good ballpark figure, I have read of far lower dividends having no issues being accepted. It is all experience that we express when telling you to read the small print, looking back I definitely didn't 100%. I needed a way forward and the IVA gave me that I trusted a lot more in my IP writi...
by MerlinL14
Fri Dec 07, 2018 3:32 pm
Forum: Ask IVA Forum and Industry experts
Topic: First review
Replies: 4
Views: 2115
No increase is as good as a bonus. 1 year down, stay positive.
by MerlinL14
Thu Dec 06, 2018 4:17 pm
Forum: bonus, overtime, pay rises and windfalls
Topic: IVA First Payment ..... do I pay my bonus and overtime
Replies: 11
Views: 2702
You are being (badly) advised to commit fraud. The IVA is an education as well as the ultimate aim to clear your debt don't get into a mind set that you won't get found out, you may not but the consequences of getting caught not supplying extra income is far more severe than a slap on the wrist and ...
by MerlinL14
Wed Dec 05, 2018 6:47 pm
Forum: bonus, overtime, pay rises and windfalls
Topic: IVA First Payment ..... do I pay my bonus and overtime
Replies: 11
Views: 2702
The timing of your first payment is unfortunate but it is not all bad news, you should be covered under the 10/50/50% clause so you won't lose it all to the IVA. As Foggy says if this is just your IVA then anything your partner earns is theirs to keep.
by MerlinL14
Wed Dec 05, 2018 3:04 pm
Forum: Ask IVA Forum and Industry experts
Topic: My debtor has applied for an IVA
Replies: 5
Views: 2803
Your vote will count as the 50% that you are owed as part of the total. I'm not sure about a court order, but I believe that it can't be included but would stop any further orders being made against he debtor.
by MerlinL14
Tue Dec 04, 2018 2:28 pm
Forum: Ask IVA Forum and Industry experts
Topic: IVA approved
Replies: 7
Views: 3178
Great that your IVA is accepted and you are now on the road to clearing your debts. Even better that you have secured a second income :D . I don't disagree with the advise given in the posts above, other than I would ask that you get written confirmation of how you are to deal with this new income, ...
by MerlinL14
Mon Dec 03, 2018 6:42 pm
Forum: a success story
Topic: Our IVA Journey
Replies: 5
Views: 3303
A great post and a positive outlook to the prospect of an IVA last tango.
by MerlinL14
Sun Dec 02, 2018 5:55 pm
Forum: Ask IVA Forum and Industry experts
Topic: Refinancing car
Replies: 4
Views: 3846
I think IP's should be far more transparent when it comes to telling people about refinance or extended finance on an existing car lease or HP. I was told "yea, just refinance your PCP car at the end of the lease, it is already agreed that this is an allowed expense" which is all well and ...
by MerlinL14
Sun Dec 02, 2018 5:50 pm
Forum: Ask IVA Forum and Industry experts
Topic: My IVA is coming to a end
Replies: 5
Views: 3633
Check the wording of your original proposal, the new company HAVE to abide by what was agreed on the outset of the IVA not just make stuff up to make it easy for themselves.
by MerlinL14
Mon Nov 26, 2018 7:23 pm
Forum: Ask IVA Forum and Industry experts
Topic: Update on completion certificate
Replies: 7
Views: 5336
Great news, congratulations Bex.
by MerlinL14
Sun Nov 25, 2018 2:34 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can you save when you are in an iva?
Replies: 9
Views: 5848
I also managed to save a modest amount during my IVA, it is do able you just have to be prepared to do without occasionally.
Search found 1513 matches Page 1 of 101