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Search found 6930 matches Page 1 of 462
by Lisa Thomas
Mon Oct 15, 2018 8:50 am
Forum: Ask IVA Forum and Industry experts
Topic: Paying more than I owe
Replies: 2
Views: 283
Were the fees fixed or simply an estimate on a 'time spent' basis?

Very, very roughly (assuming 15% fees) then I would expect you to reach about £55-£60k before total debts costs and interest would clear everything in full.
by Lisa Thomas
Mon Oct 15, 2018 8:46 am
Forum: full and final settlements
Topic: Can IP take as long as they want to put forward offer to creditors
Replies: 3
Views: 349
Check the variation terms and conditions. Usually the IP has 21 days to call the meeting of creditors, giving at least 14 days notice so your son should get his answer within about 5 weeks form when he gave them all the info they needed to call the meeting... A gentle reminder of the T&Cs to the...
by Lisa Thomas
Mon Oct 15, 2018 8:44 am
Forum: full and final settlements
Topic: Selling my home
Replies: 6
Views: 698
If the variation meeting hasn't been called yet then your F&F offer has presumably not been accepted by creditors? Is the '100%' figure based on what you would pay in contributions if the IVA continued in the normal ay to a successful end or is it based on a 'settlement' figure that includes the...
by Lisa Thomas
Mon Oct 15, 2018 8:35 am
Forum: Ask IVA Forum and Industry experts
Topic: in An IVA, threat of 'Field visit' from mortgage Company
Replies: 5
Views: 800
I haven't heard of this either but as Foggy says if your Nominee has been formally instructed they should be liaising with the creditors now for you.

Ultimately if your IVA is approved your unsecured creditors will be bound by it, which should included any shortfall on the mortgage/s.
by Lisa Thomas
Fri Oct 12, 2018 3:07 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can they take more than I owed
Replies: 5
Views: 1091
...Also you may find it hard to get another mortgage (if needed) until the 6 years has passed since the start of your IVA.
by Lisa Thomas
Fri Oct 12, 2018 3:06 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can they take more than I owed
Replies: 5
Views: 1091
Do NOT sell your house without first getting a variation in place!!! If you do not get a variation in place then ALL of your share of equity will have to be paid into your IVA unless and until the total costs, debt and statutory interest have been paid in full - only then could you receive any surp...
by Lisa Thomas
Thu Oct 11, 2018 8:16 am
Forum: Ask IVA Forum and Industry experts
Topic: IVA mortgage
Replies: 7
Views: 1612
No, you will probably have to wait until:

a) your IVA is finished and you have your completion certificate
b) within 3 months of a) you have been taken off the register

and

c) 6 years has passed since the start of your IVA
by Lisa Thomas
Thu Oct 11, 2018 8:15 am
Forum: Ask IVA Forum and Industry experts
Topic: How to you recover credit score?
Replies: 3
Views: 1601
You might find this quick video I made about cleaning up your credit record useful:

https://youtu.be/PV4RzUY4BRM
Noddle and Clearscore are also free credit agencies to consider using:

https://www.noddle.co.uk/
https://www.clearscore.com/
by Lisa Thomas
Wed Oct 10, 2018 1:34 pm
Forum: Ask IVA Forum and Industry experts
Topic: IVA settled - overpaid?
Replies: 3
Views: 1733
Did you look at the final receipts & payments account?

This will show you where the money went - the difference is probably in costs and/or interest.
by Lisa Thomas
Wed Oct 10, 2018 1:34 pm
Forum: Ask IVA Forum and Industry experts
Topic: Full and final offer
Replies: 2
Views: 1700
It seems like an attractive offer to me.
by Lisa Thomas
Wed Oct 10, 2018 8:39 am
Forum: Ask IVA Forum and Industry experts
Topic: IVA company holding my money
Replies: 21
Views: 2242
So the fee wasn't mentioned anywhere in their engagement letter? Are you sure? This which sounds very odd - that's one of the key points to an engagement letter... Presumably though they subsequently asked you for the money that you paid to them - what did they say this was for? If it was for a cont...
by Lisa Thomas
Wed Oct 10, 2018 8:37 am
Forum: Ask IVA Forum and Industry experts
Topic: rescinded iva
Replies: 13
Views: 2992
I think I answered this point above - all of your joint debts will already be included in your IVA - (unless you incurred further debt post IVA).
by Lisa Thomas
Wed Oct 10, 2018 8:35 am
Forum: Ask IVA Forum and Industry experts
Topic: It’s never ending!!!
Replies: 16
Views: 2511
Oh dear!
Search found 6930 matches Page 1 of 462