Members with same IP addresses are locked in case one peron is using different names to post [as has happened in the past], however as your situation seems genuine I will unlock fruitcake
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Andy Davie
Hi
Members with same IP addresses are locked in case one peron is using different names to post [as has happened in the past], however as your situation seems genuine I will unlock fruitcake
Regards
What was it my Gran used to say ? Ah, yes: "Speak of the Devil and he is sure to appear". [}:)]
[:D][:D][:D]
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
could anyone please tell me the answer to this question.
If you provide the correct information to set up an IVA and also advise the income you are presently receiving will decrease in two years time, should the IVA still be set up?
the creditors were not told about the wage decrease, and i asked repeatly what happens when we reached that stage. i was told not to worry, as they could sort it out when it happens. its happened, now been advised we cannot afford to keep up the payments (which we obviously knew) and bankruptcy is going to be served on us!
Usually the IVA can be staggered to reflect any known changes in income, however if there is now no disposable income and this was forseen then you do have to question why an IVA was proposed
Fruitcake (welcome back) thats not a good situation to have left you in, did you get their "dont worry" responses in writing (email etc)?
Is it something that is listed in your IVA propasal at all?
Took The plunge and made the call, changed our family life and we have never been happier. Debt free and wont go back..... IVA was by far the best thing we ever did to teach us the real value of Family and money
We have three regulators because two of our IPs are regulated by the IPA (including me), one is regulatated by the ICAEW - as he is a Chartered Accountant operating in England and Wales, and one is regulated by ICAI - as he is a Chartered Accountant operating in Ireland.
It is very simple to find out which regulatory body is the correct one. This should be disclosed on all written communications, including letterhead and e-mails - and can also be found on the "Find and IP" section of the Insolvency Service website.
Glad to see that both Cairo and Fruitcake are now posting - their input and experiences are a welcome addition to show that this forum is balanced and the experts will answer their questions raised to the best of our ability. But hasten to add, that their own IP is probably best placed to provide the answers.
"It is very simple to find out which regulatory body is the correct one. This should be disclosed on all written communications, including letterhead and e-mails - and can also be found on the "Find and IP" section of the Insolvency Service website."
Hmmm .. I have checked my firm's headed paperwork and emails. The nearest reference to their regulators is that they are regulated by ther FSA for investment business.
I ASSUME, being a firm of Chartered Accountants they are regulated by ICAEW --- assuming my IP is a Chartered Accountant too ????
Shouldn't need to be Sherlock Holmes to see who to address a complaint to, really.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
No - your new IPs are regulated by the IPA, although both partners are Chartered Accountants. But I am curious as to why this is not disclosed on their written communication - and now you have changed firms you ought to have been provided with a copy of their complaints procedure as this may differ from that of your previous firm.
Nothing at all on the letter I have received or in the emails. Never had anything other than a brief "Hello, I am your new IP" letter, when I was transferred across.
According to the Personal Insolvency Register I am still with Gillian at Haines Watts. Still don't know who Haines Watts are !!!
Still --here's hoping I never need to refer to either the complaints procedure or to the IPA.
Last edited by Foggy on Wed Jan 09, 2013 12:22 am, edited 1 time in total.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
