I didn't ask that question just made the point some things we have allowances for aren't paid monthly so we need to think ahead and keep the money seperate
Would they actually be able to tell which part of out money this is? I don't think so?
Fair point Recovering ... but .... say the allowances you have agreed total £500. Assuming to don't spend any the maximum savings balance would be £500. You earn ( and save) £600 in overtime ( which is declared)so the balance in the savings account is £800.
IP thinks ... where is the other £300 from ?? Not allowances, we'll have that !!
You could put it into the bank of mattress of course
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I have now got one of them there cash plus cards to play around with
And I really wish I could get somewhere near saving that much!!!![:)]My savings account has about £30 in it!!!!Maybe someone can ask that question? I am getting paranoid about being recognised![V]
A Wuss would not have taken the step to enter an IVA in the first place ! You are entitled to your privacy.
The only people who knew about my IVA were my ex and my insolvency firm ( and whoever stumbled upon the insolvency register and you lot ! ).
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
At the end of the day there are certainly things written into our iva proposal whivh was agreed by our creditors. Those things being allowances for annual events to cover costs (or near enough), the 10/50/50 rule about additional earnings of which CF get a cut, and windfalls up to £499 such as money from family at christmas/birthdays or small lottery wins for example! If CF turn round and demand any of that as asset/surplus it goes against our iva terms and lands them in trouble. Theres enough of us who know the score and enough evidence in form of emails etc to argue the issue with them. Im fed up worrying now. Ive got allowances agreed by creditors, within guidelines and no change to my income. Im gonna get our review over with in april then hope not to need to contact them til the next one just like we were with mel. These few months have been more stressful than when we had debt and i pray to god CF have common sense and realistic views (like mel said they did) when doing reviews and we can move on. Id love to do a F&F and this closed now but hoping that as theyve been getting good feedback recently that my fears will be relieved after review.
Agreed - it seems like those who are in an iva get treated worse than if you went bankrupt (I'd be 3 years out of it by now if I'd gone that way).
Seeing some of the horror stories about delays in cc's makes me think the people we have to deal with have no sense of proportion or even care about the impact of what they do.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
There has been quite a few good completion posts from creditfix clients in the last week, regardless of whether the new T&c's were signed
Although they try to encourage us to sign or agree to changes it seems when challenged ( politely in my case) they have backed down
Anyone I have spoken to has been as helpful and polite as possible even if they haven't always got it right first time
Hopefully all the teething problems are just that
I will not back down FULL STOP and am glad we are all united in this let's try and stay positive
Trying to - my dream is to win the lottery, offer a f&f and then offer an extra £5k if they get the cc through in 4 weeks just hoping they mess up and lose out.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
Abbiesmum, I have just had my review and it was fine in the end. I calculated my payment should go down as I had a wage decrease. The initial email came back to say no, the payment will stay the same, and I felt like I had been "rubber stamped" and my review had not been looked at properly. There were complications to do with my husband wage, due to a tax code change, and I also explained that I had certain allowance agreed to be higher than the guideline amounts at my initial creditors meeting, due to exceptional reasons. Once I explained that, the chap I dealt with was very helpful and told me a proper review would be conducted the next morning with his manager. He came back to me that afternoon, and took everything I had said into account, and changed my payments accordingly. I feel reassured by this, and that although sometimes the initial responses have been baffling and contradictory, when you pursue it with them, they are quite helpful. I am hoping that I don't need to contact them again now until my equity release, and I will try not to worry too much about it!! Easier said than done though I think!
