Note: You must be registered in order to post a reply. To register, click here. Registration is FREE!
T O P I C R E V I E W
barbra
Posted - 02 January 2009 : 18:20:57 i have now missed two payments as told by my ip.can my creditors ask bailiffs to visit my house??
3 L A T E S T R E P L I E S (Newest First)
sgr
Posted - 04 January 2009 : 11:38:41 thanks for that paul,i did ring them but at the start the payments went up£40pcm as my wife has two dogs insured!i asked if i could reduce the payments but was shown no mercy!i guess br is the only way up now.
Reviva UK
Posted - 02 January 2009 : 19:44:12 Just to confirm
If you are currently in an IVA then you have legal protection from action from your creditors. They cannot take any action ( not including current new debts) and are bound by the IVA.
In order to petition for Br you would need to miss 3 payments and have a letter or certificate from the IP to present to the Court with your SOA confirming that the IP is aware that the IVA is failing / has failed etc.
Have you tried to speak to the IP regarding the IVA payments to see what they can do. They may be able to present a variation with the creditors for you.
Depending upon your circumstances and how long you have been on the IVA would depend on the next steps.
Paul Johns Assisted Bankruptcy Specialists Reviva UK
Posted - 02 January 2009 : 18:39:40Hi barbra and welcome
Not without them going to court first can they send out bailiffs to take your goods, they have to go through the proper channels and procedures before they can suddenly come to our door and take stuff.
If you intend to go BR then you need to miss a minimum of 3 payments before any IP will start the bakruptcy procedure.
Is this what your hoping to do as it may be worth giving the helpline a call sometime and see if they can help you at all.
Best of luck
Jo x
22 Weeks down
30 to go
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called: Needafriend's Info on Bankruptcy :-) http://debtfreejo.blogs.bankruptcyhelp.org.uk/ Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
