| T O P I C R E V I E W |
| moodybluetwo |
Posted - 03 May 2010 : 10:54:47
I`ve now missed two IVA payments but kept the money for my BR. This should give me enough to pay for the BR and tax my car.When the IVA fails I want to give up my job ( I hate it and only kept it to pay off my IVA ) and find another one. Hopefully this will pay less ;-)than my current job so if I`m lucky I wont have a 3 year payment order. Will changing my job at the start of my BR reflect badly for me with the OR? |
| 4 L A T E S T R E P L I E S (Newest First) |
| Melanie.n |
Posted - 05 May 2010 : 09:06:09
Hi there, you will need to speak to your IP as you will need a 'certificate of failure' of your IVA before you will be able to file for bankruptcy. This is normally issued once 3 payments have been missed, but they can waiver this and issue immeadiately if the client has no alternative other than bankruptcy, so give them a ring.
Melanie Nicholas
29 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
email me at melanienicholas@jonesgiles.co.uk
telephone 01792 899996
|
| Richard P |
Posted - 04 May 2010 : 18:20:24
Hi MoodyB2
which court are you planning to petition at ?
some still operate walk in clinics others have long waiting lists 8 weeks is the longest i have heard
regards Richard |
| moodybluetwo |
Posted - 04 May 2010 : 17:34:57
Thanks Bridgewood....thats another thing less to worry about.Do you know how long it takes for IVA to fail? I`ll have to £600 at the end of this month for the BR..that will be three payments missed....and how long does it take to go BR? Is there a waiting list for appointments? So many questions I know!! |
| Bridgewood |
Posted - 04 May 2010 : 09:06:51
Hi Moodybluetwo
As long as you don't tell the OR you've changed jobs to avoid having to pay a contribution it shouldn't be an issue
People change jobs all the time, for various reasons, so I wouldn't worry too much about it
Bridgewood specialise in helping people deal with their debts and make the most of their financial situation - providing free, no obligation debt advice.
We can also setup a complete range of solutions including debt management plans, IVA and bankruptcy support. |
