Search found 48 matches

Search found 48 matches Page 1 of 4
by Keith White
Thu Jan 11, 2018 6:15 pm
Forum: Ask IVA Forum and Industry experts
Topic: Middlebrooks?
Replies: 5
Views: 2054
Hi, Middlebrooks come highly recommended. They are personal, available and have a growing reputation. We are involved with them a lot and seem to provide a very good service.
by Keith White
Thu Jan 11, 2018 5:57 pm
Forum: Ask IVA Forum and Industry experts
Topic: Bankruptcy or IVA or F&F...
Replies: 8
Views: 2022
Hi Holly, you provide pretty good summary of the options open to you. All are valid and all sound as if they would work - so it is down to personal choice. I tend to agree with Fogy that if a F&F IVA were an option it could sort things out quicker and the windfall clause would be for the shortes...
by Keith White
Thu Jan 11, 2018 7:27 am
Forum: Ask IVA Forum and Industry experts
Topic: Is Money in Control a reputable company? I really need reassurance.
Replies: 10
Views: 2179
Hi Maryon, I'm afraid I'm not aware of Money in Control - hopefully others who post will have some knowledge/experience. Our general advice is to speak to 2 or 3 different companies for help/advice and then make a decision as to which you feel happiest with.
by Keith White
Mon Jan 08, 2018 6:27 pm
Forum: Ask IVA Forum and Industry experts
Topic: Opinion on best IVA company
Replies: 5
Views: 2853
Hi - agree with the others - definitely worth chatting to several companies to compare. If the relationship is over and he is soon to move out then certainly an IVA/DMP could be considered with just your income/outgoings etc.
by Keith White
Mon Dec 18, 2017 9:09 am
Forum: Ask IVA Forum and Industry experts
Topic: Are there minimum amounts to qualify for an IVA ?
Replies: 30
Views: 5842
Hi - thanks for your enquiry. Yes there are minimum total debt levels for an IVA - although no statutory minimum. Its a question of when an Insolvency Practitioner deems an IVA workable. Certainly your debt level is well over the minimum - which I would say is around £6000-£7000. The smaller debt is...
by Keith White
Wed Dec 06, 2017 6:55 pm
Forum: Ask IVA Forum and Industry experts
Topic: Unsure what my best option is, my head is a complete mess.
Replies: 20
Views: 6975
It might also be worth adding that even though her name is not on the deeds or mortgage she may well have built up some beneficial interest in the property and may be legally entitled to a slice of the profit on completion of a sale. If that is the case then its only your share of the profit that wo...
by Keith White
Thu Nov 30, 2017 4:04 pm
Forum: Ask IVA Forum and Industry experts
Topic: New with IVA
Replies: 10
Views: 5972
Hi Rafal, good luck with the IVA. £245/mth does seem quite high given the level of debt especially if you may be adding overtime monies. It might well be worth getting another quote or 2. Its important that you have enough to live on during the IVA. On overtime, the usual equation is that whe you do...
by Keith White
Thu Nov 30, 2017 3:36 pm
Forum: Ask IVA Forum and Industry experts
Topic: Setting up an IVA
Replies: 16
Views: 5854
I agree with the others re stopping the payments if they are unaffordable. Some people pay a token payment. If they contact you simply tell them the truth about the IVA. Ditto on the bank account - you have done the right thing. Although it's a scary time till the IVA is accepted - you're joining th...
by Keith White
Thu Nov 30, 2017 3:17 pm
Forum: Ask IVA Forum and Industry experts
Topic: Help my husbands IVA has been terminated after paying 60 months
Replies: 10
Views: 5949
The other option I guess is that if your husband's income is now less than when you started the IVA - and there is no equity in your property - is whether bankruptcy would draw a line under this? But do take further advice.
by Keith White
Wed Nov 22, 2017 7:53 am
Forum: Ask IVA Forum and Industry experts
Topic: McCambridge duffy
Replies: 4
Views: 2211
Hi - yes they will - usually 3 months worth.
by Keith White
Tue Nov 21, 2017 5:58 pm
Forum: Ask IVA Forum and Industry experts
Topic: Hi, I’m considering applying for an IVA. What happens about our cars ?
Replies: 4
Views: 1688
I agree with Foggy - you can't leave debts out of an IVA - so the joint loan would have to be included and that means the lender may well contact your husband about it. Also going to Uni - presumably involves a change of financial circumstances and that would have to be taken int account in the IVA ...
by Keith White
Sat Nov 11, 2017 11:01 am
Forum: Ask IVA Forum and Industry experts
Topic: Would an IVA be a problem when it comes to my visa application ?
Replies: 4
Views: 237
I agree with the other comments. Here is an extract from the Immigration website regarding citizenship generally: You must be of good character. Enquiries may be made to see if you are a security risk to the United Kingdom or if you have any criminal convictions. Checks are also usually made to see ...
by Keith White
Thu Nov 09, 2017 10:12 am
Forum: Ask IVA Forum and Industry experts
Topic: To avoid a potential tax problem, would F&F IVA be beneficial ?
Replies: 3
Views: 147
Thank you for your Forum question. I think it's highly unlikely the debt could be covered by a completed F&F IVA. Possibly if its a very small debt but I guess this is unlikely. Better I suspect to try and get to the bottom of the HMRC potential debt first.
by Keith White
Mon Oct 30, 2017 1:15 pm
Forum: equity release
Topic: Iva
Replies: 8
Views: 5701
A lump sum offer is a possibility. Certainly full & final IVA's do happen for tenants and homeowners. It would be interesting to know how much equity was in the property (is it more than your unsecured debt total?) - and if so who the main creditors are. Some creditors are unlikely to accept any...
by Keith White
Wed Oct 25, 2017 5:00 pm
Forum: Ask IVA Forum and Industry experts
Topic: Karen is trying to find out wh
Replies: 2
Views: 187
Hi Karen, DFD have been taken over by Aperture (0333 939 7920) and it is they who are now looking after all DFD clients.
Search found 48 matches Page 1 of 4