thanks for your help so far with bankruptcy questions. Now I know this question gets asked alot but im hoping to hear your thoughts (probabaly along the lines of give it a go see!) Just to set the picture im 2 and a bit years into iva. Original target to repay back about £25000. Total paid to date a...

Thanks for you replies.

Ok so I can understand this. Is the IPA a set figure each month for 3 years (so if you earn overtime or have pay rises you dont hand this over?)

thanks

Im aware of the possibilty of an IPA and the changes since Dec 2010 to bankruptcy's but could somebody clarify these points? 1) Do you have to pay over 100% of DI over £20? 2) Do you have to pay 100% of any payrise annualy for the 3 years? 3) Are the income and expenditure guidlines the same as in p...

Hi Ive decided that paying for registered childare (£390 a month) is not affordable.It would prob mean childcare or my iva payment.My only option at the moment is to try to juggle my 5 week shift pattern with my partners and try to find someone to help plug the gaps.I will have to pay someone (feele...

Hi

thanks for the reply my iva is already set at 6 years,would they extend it beyond this term?!

thanks

Hi Im just completing my annual review having completed 2 years of my iva heading into year 3. My circumstances have changed this year due to the birth of our second child. We have discovered today that childcare for our second child will be £390 month (we have no option as both my parents are elder...

Hi following on from my last post,Im pretty sure my contribution would have to reduce this year from last years (due to increased costs and reduction in income).I know that my ip can do this by 15% without calling a creditors meeting is this 15% margin on the original,year 1 agreed amount or on last...

Hi everyone I have received my annual review documentation in the post in prep for April. I have 2 weeks to complete them but this year is going to be a complete nightmare. My partner is currently on maternity leave and due back to work on the 31st May. We have spoken with the tax credits people and...

Hi My iva paperwork does show a figure which equates to my 4 weekly pay x 13 divided by 12. Does that mean only 12 payments expected (as per my paerowkr?) Im presuming though that uplift (if any) is required x 13? I have found out to my cost though that my uplift limit expected is less than that sta...

i dont understanD either melanie! my iva states that they expect 12 annual contributions over 6 years(72 payments in total) but i get paid 4 weekly (which they know) and have been told my contributions are calculated on this basis. I have completed my first year and they only expected 12 payments in...

Hi everyone

In december I get paid twice (3rd and 31st) as i am paid 4 weekly but have to contribute 12 monthly payments to my iva.

Am i right in thinking that due to my increased contributions which are calculated 4 weekly the the 'extra' payment in december is mine to keep?[:)]

regards

lou

hi melanie when my iva was prepared my repayments were calculated wth a weighting for my 4 weekly pay but all my susbsequent documentaion including the initial proposal and this years annual review show figures based on monthly repayments.This is what I have worked to for my uplift as is staed in bo...

Hi Ive been paying my iva for 20 months. My first review was due in April this year and im still waiting for my first years wage review to be completed (I sent everything in in April with the exception of one payslip which was difficult to get a copy of). I have today been given the bombshell that i...

Hi It appears they 'forgot' to mention this in the headline budget yesterday and it only came out when a journalist picked up on a table at the back of the budget document. From reading this document my understanding is it will only effect those families with one child - who, if earning over £24000 ...

I have been in my iva with your team for 6 months and everything has been going swimmingly. Unfortunately last month I had to make a reduced payment (I pay £340 a month an only paid £140) due to an unexpectd car repair. I agreed to catch up this month.disaster has struck now and my car has died agai...