Crosswords0 min ago
iva cheats
9 Answers
I work wih someone who is an iva as husband got them in a lot of debt they are bragging about how much they are getting away with as not declaring, what would you do grass them up or keep quiet? as a taxpayer its us paying their debts off
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I'm not sure I would have the balls to grass them up as much as it would anger me. I would make it clear that I thought it was pretty low and make comments to suggest I might grass them up. Maybe find articles about people who have been done for fraud like this. I doubt that would work for people like that though so yeah, grass em!
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It is not correct that the taxpayer is paying the debts. If the person is in an IVA that means they are making payments to their creditors for 5 years & - at the end of the 5 years - any part of their debt which has not been paid is written off by the creditor. It is the creditor who loses, not the taxpayer.
I do not understand what they mean by not declaring something. They must have declared all their debts because any they didn't declare would not go into the IVA & they would have to go on paying them. Do they mean they have failed to declare all their income? If so, the payments they are making on the debts would be lower than they should be.
If you want to grass them up you need to find out who set up the IVA for them - it has to be a firm including Insolvency Practitioners but there are many such firms & you can probably only find out from the person herself. Once you know that you need to contact the firm, but unless you have something fairly definite to tell them they may well not get anywhere because the woman will deny failing to disclose anything.
I do not understand what they mean by not declaring something. They must have declared all their debts because any they didn't declare would not go into the IVA & they would have to go on paying them. Do they mean they have failed to declare all their income? If so, the payments they are making on the debts would be lower than they should be.
If you want to grass them up you need to find out who set up the IVA for them - it has to be a firm including Insolvency Practitioners but there are many such firms & you can probably only find out from the person herself. Once you know that you need to contact the firm, but unless you have something fairly definite to tell them they may well not get anywhere because the woman will deny failing to disclose anything.
It's one thing when someone is using the various systems that are in place such in this country. The systems are there for a reason and they genuinely help a large number of people.
However, it's another thing entirely when someone is abusing a system and then crowing about it to others. They are the ones who deserve to have something said.
However, it's another thing entirely when someone is abusing a system and then crowing about it to others. They are the ones who deserve to have something said.
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