Search found 74 matches

Search found 74 matches Page 1 of 5
by Keith White
Mon Oct 01, 2018 4:33 pm
Forum: Ask IVA Forum and Industry experts
Topic: Mortgage is on my chairman's report
Replies: 6
Views: 6300
Just a thought - do you mean there is a unsecured part of the mortgage? ie an unsecured loan as part of the mortgage but not secured on the property?
by Keith White
Thu Sep 06, 2018 12:55 pm
Forum: Ask IVA Forum and Industry experts
Topic: Should my son do an IVA
Replies: 4
Views: 5652
A little depends too on whether your son plans to keep the car that is on finance. On most car deals the finance is secured on the car and could not be included as a debt. I suspect this would be a problem in a DRO. But certainly an IVA or a Debt Management Plan are potential solutions. So much depe...
by Keith White
Fri Aug 31, 2018 5:42 pm
Forum: Ask IVA Forum and Industry experts
Topic: Independent IP has recommeneded bankruptcy
Replies: 13
Views: 5442
Hi Christine, plenty of IVA's are accepted at low dividends and £150/mth may well be accepted if its based on reasonable expenses and actual income. Many companies don't charge upfront fees and it makes no sense to pay them. But the pension payment does seem quite high and could represent an issue. ...
by Keith White
Tue May 01, 2018 3:29 pm
Forum: Ask IVA Forum and Industry experts
Topic: Who do I do my IVA with?
Replies: 15
Views: 4360
Well worth talking to more than one company and as others have said read reviews, and don't be pressured into deciding before you are ready.
by Keith White
Tue Apr 24, 2018 7:39 am
Forum: thinking of making your first post ?
Topic: Stressed, embarassed and a failure
Replies: 14
Views: 5363
If you do feel a failure - then join the rest of us - so many of us have stories to tell that can cause shame or a sense of failure. The best you can do is work out the best way forward and go for it. Firstly forget the 48 hours ultimatum - that is unfair. You need to understand the options open to ...
by Keith White
Tue Apr 17, 2018 12:59 pm
Forum: Ask IVA Forum and Industry experts
Topic: HELP!!!
Replies: 7
Views: 4781
Good to chat ear;lier. As mentioned - you have done everything right in the first year - informing the IP if your overtime/bonus on a given month was more than 10% of your basic salary. Exactly the same principle for the second year.
by Keith White
Sun Apr 08, 2018 11:31 am
Forum: Ask IVA Forum and Industry experts
Topic: Who have people gone with to do iva
Replies: 5
Views: 4845
Definitely worth speaking to more than one company just to get a feel for how different companies operate.
by Keith White
Thu Mar 15, 2018 9:39 am
Forum: Ask IVA Forum and Industry experts
Topic: Advice?
Replies: 17
Views: 4355
Obviously your income level is important in calculating the amount you can afford to pay back on the debts through an IVA. You can probably start an IVA at one level of payment and reduce it if your income reduces. If you know what the new salary will be (and can provide evidence in due course) then...
by Keith White
Thu Mar 15, 2018 9:34 am
Forum: Ask IVA Forum and Industry experts
Topic: IVA Rejected
Replies: 27
Views: 4945
Very sorry to hear about the rejection. If though you can make another offer - with a significantly greater amount of money - the there is no reason not to start again with a new proposal. £600/mty must be a lot more "commercially viable" than £200/mth! The amount of equity you have will b...
by Keith White
Mon Mar 12, 2018 7:41 am
Forum: Ask IVA Forum and Industry experts
Topic: I was declared bankrupt in 2010 - is an IVA an option?
Replies: 4
Views: 4060
Certainly no reason why you shouldn't explore an IVA option. Well worth speaking to 1 or 2 companies to find out all your options - pros and cons of each. The fact that you have previously been made bankrupt does not prevent you proposing an IVA now.
by Keith White
Wed Mar 07, 2018 8:28 am
Forum: Ask IVA Forum and Industry experts
Topic: Do Zopa reject IVA's?
Replies: 3
Views: 4935
Hi - Zopa do accept IVA's - but seem to demand a higher dividend than many other creditors. They require 50p in £ minimum - which means that the IVA needs to deliver 50p in the £ to all creditors - as all need to be treated equally.
by Keith White
Tue Mar 06, 2018 5:48 pm
Forum: Ask IVA Forum and Industry experts
Topic: Would my IVA affect my partner if we got married?
Replies: 4
Views: 4669
Definitely worth looking at all options - pros/cons of each. And no, your partner shouldn't be affected - so feel free to propose :)
by Keith White
Mon Feb 26, 2018 9:01 am
Forum: Ask IVA Forum and Industry experts
Topic: My debt is now a burden on my well being
Replies: 4
Views: 4320
Hi - what is important is that you are aware of all debt solutions available to you - the pros and cons of each - so that you can make an informed decision as to which is best for you.
by Keith White
Thu Feb 22, 2018 4:29 pm
Forum: Ask IVA Forum and Industry experts
Topic: Do I need to provide bank statements when wanting a DMP?
Replies: 2
Views: 3458
There are lots of different debt management companies and they may differ in the paperwork they require. Some that I am aware of simply need confirmation of income
by Keith White
Mon Feb 19, 2018 6:16 pm
Forum: Ask IVA Forum and Industry experts
Topic: Very pushing Stepchange !
Replies: 12
Views: 3142
I agree with Kallis - very unprofessional and should be reported.
Search found 74 matches Page 1 of 5