What do banks do once they get an iva request

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kallis3

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Post by kallis3 » Sat Jul 18, 2020 8:24 pm
Let us know - fingers crossed!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Lahoretiger

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Post by Lahoretiger » Mon Jul 20, 2020 8:32 am
Ip sent email for modification

Foggy

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Post by Foggy » Mon Jul 20, 2020 8:43 am
What modification and who from ? 9 times out of 10 they will modify the fee structure, but that doesn't really affect you day to day.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Lahoretiger

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Post by Lahoretiger » Mon Jul 20, 2020 9:00 am
They saying once your child maintance xommitments finish pay that money to us so for 2.5 years they went that aswell
And bonus from work i get about 400 a year?

kallis3

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Post by kallis3 » Mon Jul 20, 2020 9:36 am
Yes your child benefit will be paid across when it finishes and your bonuses, depending upon what they say is normally 10% plus 50/50.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Lahoretiger

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Post by Lahoretiger » Mon Jul 20, 2020 9:48 am
From when iva is agreed bonus payment ?

kallis3

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Post by kallis3 » Mon Jul 20, 2020 9:54 am
Any bonuses after your IVA is agreed.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Lahoretiger

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Joined: Tue Jun 16, 2020 11:08 am

Post by Lahoretiger » Mon Jul 20, 2020 10:00 am
Iva approved

Lahoretiger

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Post by Lahoretiger » Mon Jul 20, 2020 10:11 am
Natwest barclays mbna vrigin , yes
hsbc credit union, no
Shawbrook no answer
Pay pal no answer

kallis3

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Post by kallis3 » Mon Jul 20, 2020 10:13 am
Congratulations, well done! Look forward to reaching the end now!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

kallis3

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Post by kallis3 » Mon Jul 20, 2020 10:14 am
Doesn't matter who said no - they are all bound by it.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Lahoretiger

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Post by Lahoretiger » Mon Jul 20, 2020 10:34 am
Even credit union they r taking money from wages

kallis3

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Post by kallis3 » Mon Jul 20, 2020 10:40 am
They are bound by it and should not be taking money out of your wages. It means they are being treated preferentially. Speak to your IP company and tell them. Also have a word with credit union and tell them the IVA has been approved.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Lahoretiger

Posts: 176
Joined: Tue Jun 16, 2020 11:08 am

Post by Lahoretiger » Mon Jul 20, 2020 11:51 am
Does any body now wht this means ?
Shawbrook terms and c..
The balance of the total amount payable and any fees payable under this agreement shall become immediately due and payable after expiry of any notice we’re
required to give you;


e) If you become bankrupt (or sequestrated in Scotland) or unable to pay your debts or you become insolvent or if a proposal for a
voluntary arrangement relating to you is presented.

kallis3

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Post by kallis3 » Mon Jul 20, 2020 12:25 pm
Ignore it - they are bound by the IVA.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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