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by matty363
Fri Feb 08, 2019 10:40 pm
Forum: Ask IVA Forum and Industry experts
Topic: Will my IVA be rejected?
Replies: 10
Views: 2953
Ah! CF can sometimes be "creative" with allowances (see https://www.iva.co.uk/forum/help-with-credditfix-confusion-t86856 ) it seems. But, anyway, expenses are not usually the reason, by themselves, for a rejection. As I say they are more likely to come back to you with reduced figures. I...
by matty363
Fri Feb 08, 2019 10:22 pm
Forum: Ask IVA Forum and Industry experts
Topic: Will my IVA be rejected?
Replies: 10
Views: 2953
Ah! CF can sometimes be "creative" with allowances (see https://www.iva.co.uk/forum/help-with-credditfix-confusion-t86856 ) it seems. But, anyway, expenses are not usually the reason, by themselves, for a rejection. As I say they are more likely to come back to you with reduced figures. I...
by matty363
Fri Feb 08, 2019 10:03 pm
Forum: Ask IVA Forum and Industry experts
Topic: Will my IVA be rejected?
Replies: 10
Views: 2953
Did your IP ask why these amounts were over guideline ? They usually suss this out first so that they can argue the point if and when the creditors ask --- if you are lucky the creditors won't notice ! Why are they so high, if I might ask ? I don’t see why my IP would have went ahead with the meeti...
by matty363
Fri Feb 08, 2019 9:38 pm
Forum: Ask IVA Forum and Industry experts
Topic: Will my IVA be rejected?
Replies: 10
Views: 2953
[quote="Foggy"]Unless there is good reason for these amounts to be well over guidelines, which the creditors accept, there is a chance that they will reduce them at the creditors meeting. I, for instance, put in an expense of £56 for bus fares and, on the day the creditors reduced this to ...
by matty363
Fri Feb 08, 2019 7:31 pm
Forum: Ask IVA Forum and Industry experts
Topic: Will my IVA be rejected?
Replies: 10
Views: 2953
Hi I have recently went ahead with an iva and the proposal is happening in 2 weeks with my creditors. My debt is around 19,900 with monthly payments of £190. I came across the guidelines for expenditure and now I’m worried my iva is going to be rejected because a couple of my expenditures are above ...
Search found 5 matches Page 1 of 1