Tax Credit Overpayments in IVA

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richardwjackson

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Post by richardwjackson » Thu Jun 24, 2010 6:47 pm
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Hi Kallis
These conversations are between myself and my case officer who has changed recently. Before the change I had no problems.
6 months down, 66 to go to freedom from £75,000 debt!!
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kallis3

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Post by kallis3 » Thu Jun 24, 2010 6:56 pm
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Email your IP direct. You might find that you get somewhere that way!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Shining

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Post by Shining » Thu Jun 24, 2010 8:17 pm
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How frustrating, your questions aren't being answered, do contact your IP as advised by Jan and hopefully s/he will answer you directly. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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richardwjackson

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Post by richardwjackson » Sat Jul 03, 2010 9:23 am
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Phone call (finally!!) from Payplan.

They say that because the tax credits payments are made to myself and my partner (jointly) there is a joint several liability. HMRC have calculated the total they will receive from the IVA (approx £1200, taken that from the total overpayment of £5400, and requested my partner pay the remainder (approx £4200) until paid off - works out about 7 years?!! Not good news!
6 months down, 66 to go to freedom from £75,000 debt!!
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MelanieGiles

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Post by MelanieGiles » Sat Jul 03, 2010 2:23 pm
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That is correct - I don't think that we were aware that your partner was not also in an IVA.
Regards, Melanie Giles, Insolvency Practitioner
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