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Posted: Wed Oct 31, 2012 3:03 pm
by Broke77
I have recently applied for IVA through national debtline. SO forms were sent back to them and now waiting for IP Company to contact me. When I filled the forms I have put the car as my only asset.
One of the reasons I am in debt is share dealing (CFD). Learnt my lesson.
Anyway when I lost the money I thought I have lost everything because I got an email from the CFD Company that my account share positions were closed because I did not have funds. But today I got an email saying that (monthly report) I got £2500 left in the account.
I tried taking money out of the account but I cant for another 60 days. I am worried now I will be in trouble that I did disclose that amount.
Should I inform them now…or should I not inform them now and wait for 60 days take the money out and then inform my IP then that I got some money I would like to pay in into IVA…

Posted: Wed Oct 31, 2012 4:18 pm
by Shining
Hi, I would inform your IP as things happen to keep them in the loop all the way along. x

Posted: Wed Oct 31, 2012 6:56 pm
by luluj
Let them know so it can be attributed into your IVA...I would imagine some if not all will be required for your creditors

Posted: Wed Oct 31, 2012 10:18 pm
by 12 months to go
hi broke 77

I agree with the above posts and would say that if you declare this now, the worry will be far less than should it come out of the woodwork at sometime in the future to cause you even greater stress and anguish

good luck

Posted: Wed Oct 31, 2012 10:20 pm
by Niobe
Fingers crossed Broke that it all works out for you.

Posted: Fri Nov 02, 2012 12:06 am
by MelanieGiles
Have they told you which firm they are going to refer you to - or did they give you a choice of firms to choose from?