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by gertrude20
Wed Jun 16, 2021 11:02 am
Forum: Ask IVA Forum and Industry experts
Topic: Confusion with IVA
Replies: 2
Views: 2458

Thank you for your reply. I've re read what was sent to me and it does say i will have arrears.
It dosen't seem fair as my costs haven't gone down any as payplan have noted as the surplus has reduced even further to £299 but they expect the original £370.
I give up
by gertrude20
Wed Jun 16, 2021 7:11 am
Forum: Ask IVA Forum and Industry experts
Topic: Confusion with IVA
Replies: 2
Views: 2458

Hi This may be a long post bear with me. I have been in an IVA for 4 years entering 5th. Original payments of £370 were set up. This increased due to a pay rise to £386 the following year. By the 4th year my costs had changed, bills gone up, house repairs and high school uniforms to buy etc so at th...
by gertrude20
Fri May 14, 2021 9:49 pm
Forum: Ask IVA Forum and Industry experts
Topic: Advice on iva company niggles
Replies: 1
Views: 2085

<t>Hi<br/> Im having a couple of niggles and would like some advice. Firstly I have in April done my 5th review. Payments were set and increased by £30. I paid first two and they are now saying they want the original payments from 1st yr as last year they used a 15% reduction and it only lasts one y...
by gertrude20
Tue Nov 10, 2020 2:17 pm
Forum: Ask IVA Forum and Industry experts
Topic: Relaxed Covid / IVA rules -- Update
Replies: 4
Views: 7490

Hi
As a critical worker I have been asked to do lots of overtime but on asking payplan if I can keep this as per the government's instruction have been told my wage slips will be reviewed and it's up to the insolvency practitioner? So do they have to follow gov advice or not?
by gertrude20
Sun Oct 04, 2020 11:39 am
Forum: Ask IVA Forum and Industry experts
Topic: Hi, my car is dying
Replies: 6
Views: 3557

Thanks for the reply, no chance of him buying me a car just a small loan probably under the £500 anyway. I would normally only do 1 extra shift a month for overtime staying under the 10% rule but being a keyworker there is a lot available at the moment so it would be easy to get some more and as it ...
by gertrude20
Sun Oct 04, 2020 8:57 am
Forum: Ask IVA Forum and Industry experts
Topic: Hi, my car is dying
Replies: 6
Views: 3557

<t>Hi, my car is dying, It has until the mot is due in. Dec as there are so many issues suddenly appeared (stay away from old vauxhall's haha) it would cost more than the car is worth to repair, over £800 with no guarantee of mend, so I need a replacement which will last me at least a couple of year...
by gertrude20
Fri Mar 03, 2017 4:29 am
Forum: Ask IVA Forum and Industry experts
Topic: IVA proposal
Replies: 8
Views: 1065

Thanks I will give them an e-mail to clarify the equity release wording as I don't understand it.
by gertrude20
Thu Mar 02, 2017 3:06 pm
Forum: Ask IVA Forum and Industry experts
Topic: IVA proposal
Replies: 8
Views: 1065

Hi This is my first time posting so please bear with me. Have just had my proposal through and i have a few questions regarding some of the conditions stated in it. Regarding my property ( i have approx £16000 equity in it ) the paperwork states the equity to be released in 2022 would be £2948 does ...
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