Hi I AM currently in an iva which looks like it may fail.Can i ask my current IP to deal with my bankruptcy (Grant Thornton). Also if my parents were to pay the £1 to buy the title deeds of property would they be liable for the mortgage payments ? thanks
Hi i posted earlier this morning regarding my f &f offer . My parents had offered to help with an offer but it looks like it may have been refused(although on the day i had an e-mail to say it had been approved, but paperwork arrived and says different) the creditor are asking for voluntary payments of £80 a month and the iva to be extended to 72 months. I cant afford the £80 so looks like the iva will fail, which i am upset about as done 43 months. As i have no equity in my house i was thinking bankruptcy may be the best option now. Would GT deal with my bankruptcy, i know i would have to pay for the service but mum and dad would help with that if not paying out for F&F. Just loads of stuff going through my head after a sleepless night
Before you do anything drop an email to Karol at IVACustomerServices@uk.gt.com putting only "IVA FORUM" in the subject line. She will be able to look into this and explain what exactly is happening, as well as answer your BR questions.
If GT cannot assist I believe Payplan has a BR assist department that might be able to help.
It would be a great shame to allow the IVA to fail at this stage and I feel GT should, maybe, be more supportive.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
thank you Foggy, i will do that. I must say that GT have in the past been very good and got me safely through a previous variation when i lost my job. I just can't for the life of me figure out why they would tell me all was approved and then send me paperwork to sign saying i would make voluntary contributions, whats voluntary about them if you have no choice
Good news, apparently the modifications sent out to me were an admin error !! The f&f was approved . Not happy that i had a sleepless weekend but over the moon will finally be debt free . Wont hold breath for CC tho got to fill PPI form in . Never taken out any PPI in my life . Would like to say a big thank you to all on this site . You have always been here to help over the last four years x
One does wonder how mistakes like this can happen, but I guess they do even in the best of firms occasionally. All is well that ends well I guess, and great news to hear that you can shortly put this all behind you tamzin.
