IVA Calculator - Do I qualify?

Why are you asking about PPI - does your IVA state that you will submit claims or is your IP supposed to?

I think in your circumstances you should take a strong look at Bankruptcy, rather than an IVA. This is on basis you have no assets (like a property) to lose. Any income contributions (if applicable) will last for 3 years in BKY - many IP firms use standard IVA terms which will mean at least 5 year c...

Best of luck

Here is my short video on F&F's for you or anyone else interested:

https://youtu.be/h4dozq9aGak

Just bear in mind that if you die before the IVA ends your share of equity in the property and other assets will likely vest in trust for the IVA costs, interest and creditors so there may not be enough to cover repayment to her.

* now

Are you sure you have sufficient equity for the years extension to apply? Bottom this out first before putting forward any offer as you may be offering too much. Your partner needs to be certain about this as it will be legally classed as a gift so they cannot formally pursue you for repayment. If t...

It sounds to me given the letter about the 'breach' that the IP has treated the IVA as being in place, and now being in breach and failing, hence why the details will have gone to the Insolvency register. I think he needs t argue he did not agree to the modifications and therefore the IVA was not in...

E-mail your Nominee with the queries and list of errors and ask again for them to be corrected.

Ensure you are happy with all corrections before you sign anything off.

S/he needs to ensure your total liabilities are correct and not understated.

S/he will also look at any repayments to connected parties and whether any illegal preferences have occurred (payments back to one creditor at a time the other creditors were not repaid), which could be overturned.

When did they start?

Usually need the 6 year mark to pass before your credit file is repaired.

Great news, well done.

IPs only have to keep their records from 6 years after closure so I suspect the records were gone anyway. Your only option might be the insolvency service. What do you want it for?

i.e you will only have a 5 year IVA.

Hi if you have standard terms then no - you are mixing it up.

If you have less than £5k equity the equity clause does NOT kick in so the extension will not apply and the case can be closed.