So it looks like ill be another year on to the iva,
Always thought this would be the case.

Im close to the end of my mortgage 5 or 7 years left.

I wonder how much equity can be released?
Would a mortgage lender even consider me?

So. Follow on from last months panic. It looks like the ltd company liquidators will up the fees to £25k regardless My iva practitioner has responded that it wont impact my iva as its set. So thats good. Ive asked to talk to iva supervisor just yo talk through whats happening and what happens at the...

Thanks foggy,

Sorry to be a pain.

Its not a new debt the liquidators on the limited company want me to pay more fees.

The original debt to my limited company and fees to the liquidators was included.

Thanks, ill try and make an appointment. Its just never ending. Ip has already told them no on previous attempt. Again its the cap they want lifted which is part of my iva. In my opinion the additional 10k is unjust As the agreements not changed. I dont understand how? Looks like ill be starting aga...

Thanks, ill try and make an appointment. Its just never ending. Ip has already told them no on previous attempt. Again its the cap they want lifted which is part of my iva. In my opinion the additional 10k is unjust As the agreements not changed. I dont understand how? Looks like ill be starting aga...

Ahh ok Foggy Im struggling too, My iva is handled through my IP theyre asking for the letters as they have not recieved anything. This letter is from another insolvency practitioner on my liquidated buisness. They want to raise my debt with them to £25k from 16k (£6k debt £10k fees) Over additional ...

Yes they say they need an extra 10k to complete my books and monitor the other outgoings of the buisness. It was a self employed buisness where i provided engineering services to a single contractor outside of IR35. As soon as that contract was terminated. Money ceased to go in or out and i ceased t...

Oh ive read more, this is a vote to allow the shareholders and creditors to vote to allow them to raise it by 10k

Well might aswell follow on from the journey. Still in same job department didnt get outsourced, i git promoted upped the IVA. 2 YEARS TO GO But a letter came today from the insolvency practitioner. My company cant close because i owe it debt. Its incurring costs. £10k in last year chasing my old em...

Fri Sep 13, 2019 7:56 amVicky81 wrote:

I suppose paying in for we’re either going to have to start a whole new IVA or HMRC will bankrupt us.

Hi vicky,
What happened?

Yeah im thinking servicing will be beneficial. Even if not fully successful its better than nothing. Its only 2 windows. Ive emailed my iva practitioner. To ask for help. Hopefully they will let me take a month reduction to cover this bill. The lady from my supplier was helpful. Shes giving me an ex...

Thanks all, had the interview, the question never came up. Waiting for a reply. Still dry, losing weight. Had a few outgoings this month, car breakdown, was £600 two weeks ago. Im Paying it monthly, but still had to stump up £200 upfront. So my budgets been hit by £100 extra. £30 to stretch through ...

Ive opened up to my friends in last few months.
And only now typed this for the second time.
The iva company knows the truth.

Just before i lost the job that triggerred the iva,
I had started the gym, lost 4stone.
Started living clean life.
So i know i can sort myself.

Anyway thanks for reading

Hi guys. Context of my debt. 7yrs ago with £10k credit cards and loans. Basically addiction and depression. I took a better paid self employed job. But didt understand the red tape, some bad advice and i spent the first years buisness tax on a holiday. So i was always chasing more debt I hadnt addre...