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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.
