Search found 28 matches

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by cbdawg
Thu Jul 12, 2018 1:19 pm
Forum: Ask IVA Forum and Industry experts
Topic: Annual Review and increased payments
Replies: 2
Views: 3162
The increase in income should increase the IVA payment by 50% of the increase. Savings in expenditure isn't covered by any pre-agreed formula or rule and would be taken in it's entirety, so all of the savings would increase the IVA payment. So, your new payment should be the old amount, plus 1.5 % ...
by cbdawg
Thu Jul 12, 2018 10:56 am
Forum: Ask IVA Forum and Industry experts
Topic: Annual Review and increased payments
Replies: 2
Views: 3162
Hi all I think I know the answer but I'd like to be sure. On my annual review I have been told I need to pay a lot more moving forward due to a increased income and a reduced expenditure. Income went up by 3% due to annual company payrise. Expenditure went down by approx £50 a month due to savings i...
by cbdawg
Wed Jul 11, 2018 10:25 am
Forum: Ask IVA Forum and Industry experts
Topic: IVA annual review question
Replies: 12
Views: 3891
And regardless of what they say on each review nor will I.

I don't see how they can implement this, it would be nice if someone from CF actually gave some opinion on why they are so insistent.
by cbdawg
Tue Jul 10, 2018 6:36 pm
Forum: Ask IVA Forum and Industry experts
Topic: IVA annual review question
Replies: 12
Views: 3891
I've recently done mine with CF. I was asked for 6 months statements etc. But in my letter I have been advised that I will have to do the electronic banking that I turned down this year and I believe that's the full 12 months.
by cbdawg
Mon Jul 02, 2018 4:27 pm
Forum: Ask IVA Forum and Industry experts
Topic: What do you do?
Replies: 3
Views: 5368
Hi All Just a quick one as I am generally considering the best way to manage my finances. I am just about to start year 3 and I have been trying all ways to better manage my monies....and wondering how do others do it successfully? I appreciate everyone finds different ways that best suit them, but ...
by cbdawg
Mon Jun 18, 2018 9:11 am
Forum: Ask IVA Forum and Industry experts
Topic: Creditfix Electronic Review
Replies: 3
Views: 5666
Hi All A quick question to all Creditfix customers. I've watched the video which explains the review which is useful but I do have a few questions? 1. They say it takes a one time snap shot of your online banking accounts, how many months is this snap shot over? 2. I have 1 account which my wages ar...
by cbdawg
Sat Jun 16, 2018 7:42 am
Forum: Ask IVA Forum and Industry experts
Topic: yearly review Creditfix
Replies: 13
Views: 1491
Hi All Just jumping on this thread. This is my 2nd review but my 1st with creditfix and I recieved my yearly call yesterday asking me to set up a link to my online banking. I've seen posts about asking to do it manually so I asked and was told that this option is no longer available and I had no oth...
by cbdawg
Fri Mar 02, 2018 7:34 pm
Forum: Ask IVA Forum and Industry experts
Topic: Home insurance payout for storm damage, do I tell IVA?
Replies: 6
Views: 5136
Thanks all. It would be very unfair of them to demand the money, seen as my roof is leaking and the interior is damaged, along with the standard amount allowed for home maintenance wouldn't even touch it. I will now try and find some IP contact details for creditfix and keep my fingers crossed.
by cbdawg
Thu Mar 01, 2018 7:03 pm
Forum: Ask IVA Forum and Industry experts
Topic: Home insurance payout for storm damage, do I tell IVA?
Replies: 6
Views: 5136
Hi All

As the title says, I am due a cheque from home insurance company for storm related damage caused to my roof. Do I need to tell the IVA company? The amount equals the quote a roofer gave me, therefore no monies will be going in my pocket.

Thanks in advance
by cbdawg
Thu Feb 15, 2018 7:00 pm
Forum: Ask IVA Forum and Industry experts
Topic: Equity Release and Shared Ownership
Replies: 3
Views: 3322
This should have been investigated and discussed with your IP before going into the IVA. Many shared ownerships will prohibit you getting a remortgage or secured loan so a 12 month extension would be, in that case, the only option. Should your H.A agree to allow a remortgage, if, indeed, one was av...
by cbdawg
Thu Feb 15, 2018 6:27 pm
Forum: Ask IVA Forum and Industry experts
Topic: Equity Release and Shared Ownership
Replies: 3
Views: 3322
Evening Everyone Does anyone know how equity release works with shared ownership? I'm most confused. I own 40%, the housing association own 60% the calculation methods I've researched dont method any potential of shared ownership and I'd like to know what to expect. I want to be prepared, I have a f...
by cbdawg
Wed Jan 31, 2018 12:47 pm
Forum: Ask IVA Forum and Industry experts
Topic: Professional Accrediations anyone?
Replies: 0
Views: 3561
Hi forum.

Hopefully what should seem like a simple question, has anyone obtained a professional accreditation whilst being in an IVA or lost there's because of it?

Thanks
by cbdawg
Wed Dec 27, 2017 10:34 pm
Forum: Ask IVA Forum and Industry experts
Topic: yearly review Creditfix
Replies: 13
Views: 1491
Hi all

I've just been transfered to creditfix could anyone explain how the online review works please? Do you get a choice? How many months statements etc?

It was fairly smooth with knights bridge and I'll like it to stay that way?

Thanks
by cbdawg
Sun Aug 13, 2017 8:18 pm
Forum: Ask IVA Forum and Industry experts
Topic: I am applying to be a prisoner escort officer
Replies: 9
Views: 457
I said I would update. SC has been granted, with concerns, but what a weight off my mind. You shouldn't have any probs
by cbdawg
Wed Aug 09, 2017 4:51 pm
Forum: Ask IVA Forum and Industry experts
Topic: Shared Ownership and Equity - Trying to Calculate
Replies: 6
Views: 367
At these figures I do not think you would qualify for an extension anyway as £150,000 x 85% = £127,500. When you subtract the £90,000 owing to co-ownership for their 60% there is not even enough available to clear your existing mortgage. However, if your IVA equity release is based on 85% of 'your ...
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Search found 28 matches Page 1 of 2