Search found 15 matches

Search found 15 matches Page 1 of 1
by GD.23
Thu Dec 07, 2017 8:19 pm
Forum: Ask IVA Forum and Industry experts
Topic: Finish an IVA early?
Replies: 7
Views: 6417
A family member has offered to donate it if I can clear it.
by GD.23
Thu Dec 07, 2017 10:26 am
Forum: Ask IVA Forum and Industry experts
Topic: Finish an IVA early?
Replies: 7
Views: 6417
What's to be gained is freedom! How much are the costs likely to be?
by GD.23
Thu Dec 07, 2017 9:38 am
Forum: Ask IVA Forum and Industry experts
Topic: Finish an IVA early?
Replies: 7
Views: 6417
If an IVA only has a small number of months left to run, how realistic is it to pay a lump sum equivalent to the remaining payments and finish the IVA early? e.g. a 60-month IVA with only 8 months left.

by GD.23
Tue Jul 01, 2014 3:59 pm
Forum: Ask IVA Forum and Industry experts
Topic: IVA and Pension next year.
Replies: 8
Views: 2839
Thank you for your observations Melanie. I'm no legal expert - just someone with a serious concern. As far as I know, the Welfare and Reform Act 1999 does not ringfence pension funds from insolvency; it ringfences pension funds from bankruptcy (but not necessarily all income from a pension fund) - s...

by GD.23
Tue Jul 01, 2014 8:08 am
Forum: Ask IVA Forum and Industry experts
Topic: IVA and Pension next year.
Replies: 8
Views: 2839
This could be a ticking time bomb with profound impact on IVAs and private pension funds. Removing the restrictions on the use of pension funds was a highly political move - according to the National Statistics Office, more than 50% of the wealth of the wealthy is tied up in pension funds - so this ...

by GD.23
Sun May 04, 2014 12:42 pm
Forum: new bank accounts for IVA
Topic: IVA friendly banks
Replies: 26
Views: 20028
You could also try Metro Bank. They say they do have some people in IVAs. It seems to be a branch manager discretion.

Does anyone know if credit unions normally do credit checks leaving a footprint? Some seem to offer current accounts - that could help to achieve zero monthly fees.

by GD.23
Wed Jan 08, 2014 8:34 am
Forum: Ask IVA Forum and Industry experts
Topic: Should I use annual take home pay or monthly payments when calculating additional income ?
Replies: 10
Views: 1023
Interesting - let's consider a concrete example. I manage to obtain additional part-time earnings for one month and those earnings will take me above the annual amount used to calculate the IVA payments. Additional earning in 1 month: £2500 Tax: £500 (I don't need to take NI into account) Commuting:...

by GD.23
Tue Jan 07, 2014 8:06 am
Forum: Ask IVA Forum and Industry experts
Topic: Should I use annual take home pay or monthly payments when calculating additional income ?
Replies: 10
Views: 1023
I suspect I have a couple of grey areas that will need to be handled as the IVA proceeds: (1) tax, and, (2) commuting costs (my main part-time earnings can only be achieved after substantial commuting costs into London). My view is that earnings must be considered net of tax and travel before any 10...

by GD.23
Mon Jan 06, 2014 3:03 pm
Forum: Ask IVA Forum and Industry experts
Topic: Advice about aggressive creditors
Replies: 8
Views: 878
Thank you for all your observations. I lodged formal complaints. I have now had a response, an apology, and an assurance I will receive no more calls. I did offer my services as a consultant (that organizational field is one of my specialities) if they are not able to deal with it. I'll see if they ...

by GD.23
Mon Jan 06, 2014 10:01 am
Forum: Ask IVA Forum and Industry experts
Topic: Advice about aggressive creditors
Replies: 8
Views: 878
My IVA creditor meeting was 22nd Oct 2013 - it was approved. Barclaycard was one of the creditors. They seem to have an aggressive debt recovery unit called Mercer. Even though Barclaycard voted for the IVA I keep getting phone calls from Mercer. The worst has been this morning - 2 early phone calls...

by GD.23
Mon Jan 06, 2014 9:53 am
Forum: Ask IVA Forum and Industry experts
Topic: Should I use annual take home pay or monthly payments when calculating additional income ?
Replies: 10
Views: 1023
Interesting thread. I receive various pensions and intermittent part-time earnings. My monthly IVA payment was worked out averaging all sources of income over a year. Is there a risk that now the accounting should be done on a monthly basis? Also, all figures were taken as gross. What happens about ...

by GD.23
Thu Jul 11, 2013 7:50 am
Forum: Ask IVA Forum and Industry experts
Topic: Spouse involvement?
Replies: 5
Views: 1003
No debts, and probably not even a presence in the credit reference agencies - has never taken on any debt yet.

by GD.23
Wed Jul 10, 2013 2:06 pm
Forum: Ask IVA Forum and Industry experts
Topic: Spouse involvement?
Replies: 5
Views: 1003
If someone entering an IVA is married, is it a requirement that the spouse also subscribes to the IVA, or are two married people treated independently for IVA purposes?

by GD.23
Wed Jul 10, 2013 2:03 pm
Forum: Ask IVA Forum and Industry experts
Topic: Existing agreements on entering an IVA
Replies: 4
Views: 799
Thank you so much for your helpful replies; they helped me a lot. I am currently exploring issues, and probably inching closer.....

by GD.23
Mon Jul 08, 2013 2:41 pm
Forum: Ask IVA Forum and Industry experts
Topic: Existing agreements on entering an IVA
Replies: 4
Views: 799
Existing agreements on entering an IVA. When entering an IVA what happens to: 1. existing car agreements that have a guaranteed final value 2. other existing agreements which will continue if regular payments are maintained, but would create an unsecured liability of the existing agreement was termi...
Search found 15 matches Page 1 of 1