Thank you for replying.

What is statutory interest ?

Hi, I have a quick question: Say for example if I owed £10,000 and was making monthly payments which meant I would then pay £7000 at the end of my 5 years but then between all of this I get bonuses every year from work and a payrise every year and then calculated that if upon getting my bonus and pa...

Thank you. Yes I have just spoke to them and they said it should not be a problem. Also they have just told me that my creditors meeting is on the 7th when they had told me it was on the 2nd, does this mean anything? I was hoping for it to be over and done with next week as I am just so worried they...

Hi everyone, I wanted to know when do I make my first IVA payment if accepted 🙏🏻🙏🏻🙏🏻🙏🏻 My creditors meeting is on the 2nd September and my IP had requested that I make a payment this month, and last week we had car problems where the cable to the fuel tank is loose so it’s bumping out petrol when we...

Hi, can I ask a question if you don’t mind, while you are waiting for the IVA to be approved do you still have to pay your creditors? I also applied for my IVA on the 10th and have a meeting on the 2nd September and my IP said that during this period as I am going through my IVA I will not have to p...

Ok thank you!

Hopefully all is approved

Yes! I do wonder if we have come across the same company.

I have already signed my IVA agreement...

Now I am a little worried tbh...

Does that mean when I have my CM meeting on the 2nd sept that I may also have to wait? I was given the impression that I would get a reply back on the 2nd... is that not the case ?

Hi Dani, I was told to do the same thing. He told me that it was the only way that it would be approved and that other IPs do the same and that it didn’t matter anyway as he’s not taken into consideration in any of this as they are my debts. Now reading all these posts I feel a little silly and wish...

Hi Janine, could you explain a little more? Which auditor? I have had a call with my IP and another call to go through my situation income and outgoings and list of creditors and now have my CM meeting on the 2nd of September, is there another call after this? I ask because my IP asked me to lie abo...

Hi all, I am new and I have my CM on the 2nd of September. Two of my creditors have cancelled my online banking which I had credit cards with them but Halifax which I have cancelled my direct debit as advised by my IP have been sending me emails and text messages to set up my direct debit for the lo...