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by Adam M
Thu Aug 23, 2007 2:25 pm
Forum: IVA postbag for august
Topic: Finally facing up to things
Replies: 11
Views: 1900

Hi there When I say disclosed I mean that it will be included in your salary - as I assume that it is paid via your salary - for instance salary of £2,000 plus car allowance of £300 would be shown as salary of £2,300, and then the associated costs would be shown as expenditure - so if you were payi...
by Adam M
Thu Aug 23, 2007 2:11 pm
Forum: IVA postbag for august
Topic: Finally facing up to things
Replies: 11
Views: 1900

Adam, CC Interest rates are burning holes in people pockets.Lenders are looking for 2% interest per month if they are not already asking for it - MBNA, Halifax, TSB are miking people dry!! IVA is a FINAL DEBT SOLUTION. While I do not blame them for my position it certainly hasn't helped .. worst on...
by Adam M
Thu Aug 23, 2007 1:36 pm
Forum: IVA postbag for august
Topic: Finally facing up to things
Replies: 11
Views: 1900

The car allowance will be disclosed as will your associated motoring costs. Regards, Melanie Giles, Insolvency Practitioner for over 20 years. For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk I'm sorry .. does disclosed mean ...
by Adam M
Thu Aug 23, 2007 1:13 pm
Forum: IVA postbag for august
Topic: Finally facing up to things
Replies: 11
Views: 1900

OK, that's as I thought - debt wizard a little misleading there! In addition my salary I get a car allowance, this is intended to cover any business mileage I do. Now this allowance pays for the running of my car to do company business but it is part of my 'income' .. what's the deal there? Do I kee...
by Adam M
Thu Aug 23, 2007 12:34 pm
Forum: IVA postbag for august
Topic: Finally facing up to things
Replies: 11
Views: 1900

So glad I found this place, any advice would be great. My situation is this: I owe approx £65k in loans/credit cards, a large amount of this down to stupidity and the naive thought that if I was earning a decent wage I could keep up with things - the short of it is that I cannot continue even though...
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