Think this company is doing the rounds......I’ve had the same, but stating Payplan, whom I’m with. I would also suggest that you don’t engage with them and put it straight in the bin.

Thanks for the reply Shaun that makes perfect sense.

Thanks for your post Foggy, always enjoy reading your posts / replies. It would be useful to debtors if the Companies offering help to enter into an IVA discuss this sort of thing from the outset so a more informed decision can be made. This forum is an uplifting source of knowledge and definitely h...

So an increased debt (Select Partnership fees) is added to the loan and the cost not deducted from the amount paid to the creditors to end the IVA, secured against your house..... If this is the case then the issue I have regarding fairness is, for example, PPI claims have fees deducted from the amo...

<t>When releasing equity via a secured loan to pay into an IVA does, for example, Select Partnership fee get added to the loan or is it deducted from the amount paid over to the creditor?<br/> For example:<br/> Secured loan = £10k<br/> Select Partnership fee = £3k<br/> Paid to creditor =£10k<br/> To...

Foggy, would this still be the case if 100% of the debt was paid, including other fees, equity release if a homeowner etc, by the end of the IVA? There are many fees added to an IVA where the debtor does not get a say or indeed agreement.

Thanks abbiesmum and Shaun. Very reassuring to know that.

Shaun Vickery, very interesting to read about the various options and scenarios. Can you comment on whether your associated set up fees etc are added to the IVA and the Creditor accepts these fees, as per the IP associated fees, or is this added to the debtors ‘secured loan’ or remortgage, for examp...

Well done for getting so close to the end of your IVA. It would be interesting and helpful for others, nearing the end that will find themselves in a similar situation, if you could share details of what kind of loan you are being offered, such as: The term offered, the interest rate, If you are abl...

Thanks Lisa, always look forward to your helpful posts and replies.

Thanks Kallis and Foggy.

How are permanent pay rises / promotions handled within an IVA. Is it a 50/50 split prior to review and beyond until end of IVA or do they take 100% of it?

Hi all, new to this forum but wish I had see this site before signing up for an IVA! Lisa Thomas, have you managed to get a definitive view from your knowledgable network regarding Foggy‘s post relating to ‘excluding statutory interest’ when trying to release equity clause funds? I think clarity wou...