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Redundancy and IVA
Hi This is my first post. I am currently in an IVA that has been running since Aug 06 paying 82p in the pound back to my creditors which I think is pretty high. I have found out in the last few days that my job is to be made redundant next April leaving me only a few payments to go. However reading through my original…
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taking the plunge....
[FONT=Verdana, Arial, Helvetica]Hello to all Have been mooching on here for a while and thought I would post. Me and my partner are on a DMP with payplan at the moment,been a year,the debt hasnt really reduced as one creditor is still adding on interest,one of the creditors agreed the payment I was sending them,then have…
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Really Screwed Up.... Help.!!!
Hi, This is my first post and I am at my wits end, hoping that someone can offer some advice please. My wife and I took out an IVA about 18mths ago, as I was self employed the payments were quite low and affordable.... or so we thought. I wasn't earning anything like what was expected and we struggled big time but always…
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£50k debt please help me - I need to get my life back in order.
Hi and many thanks for reading. To cut a long story short I was in a relationship where my ex partner and I got into a high amount of debt, initially this was due to living beyond our means but then the credit was used to live on and in fairness to myself I tried to make a change and put a stop to it but problems in the…
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IVA Q: Council tax & water rates
Hello In my 3rd month of a Payplan IVA & thought of something. In my area (don't know if its the same everywhere?) I pay my water rates over 8 months (so get 4 months off) and council tax over 10 months (so get 2 months off) Does anyone in the same position have to pay the extra into their IVA's I've been over all my…
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IVA Payment charges...please help
Hi All, Some friendly advice needed. We started our IVA 4 years ago and since that time the company we were dealing with changed to another one. We received papers one day stating their new fees etc but honestly as we were in the middle of the IVA our hands were tied and we had to accept them as our new company. Now 4…
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IVA v Vol Bankruptcy please help!!
hi everyone am new to this, so any help would be gratefully recevied. i have had an IVA for two years and pay around 600 pounds each month, never missed a payment and it works well apart from paying in extra money for overtime and bonuses!! but two days ago i got a phone call from a company saying i should go into…
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DAS and Mortgage Question
My OH has a DAS and it's all going as it should at the moment. I also have a friend who has a DAS but she is wanting to sell her house (not much equity - perhaps about £5000 - £7500), and either get a new mortgage or use her current portable mortgage to fund another property. I think, but I may be wrong, her chances of…
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credit after iva
I am due to finish my IVA in 16 months and i want to know what my credit will be like after? How long will i have to wait and what can i do to help my get a mortgage? I have always had a phone bill throughout my IVA which i pay by direct debit and never have defaulted on that or my IVA payments. I have however had a 4…
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IVA and Credit Card - advice please
Hi folks, Was wondering if someone could help with an IVA query? I'm just entering into my third year of an IVA with DebtFreeDirect. I have never missed a single payment and was getting on with life. Last year, I had to move into my own home (rented, housing association, as name finally came up on the list!). This resulted…
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IVA - Looks like the solution...
Hi to All As a result of several spells out of work after years of stability over the past 8 years then looking after an elderly family member (now sadly passed away) requiring my wife to quit work (£14K per year) 5 years ago (unable to return to work due to illness herself), the accumulated debts that I have been…
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IVAs
Did you know. You can actually have a 3 month IVA!. You need a bit of cash behind you in the form of I.E. legacies, Endowments, Trustee payments etc etc. Creditors agree to a one off payment (from 30 - 60% of the debt) It then gets agreed. you have 3 months to come up with the cash. Creditors get paid. you then have a…
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New IVA and British Gas
Hi All, Firstly to say a big thanks to this forum, I never posted but it was such a great source of information and others experiences helped us through. So, we are in to month 1 of our IVA and feeling strong and positive, then a few letters from British Gas drop through the letterbox referring to a closed account and a…
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Trust Deed Advice. (Scotland)
Hi MSE Boards, As I'm sure you will be used to, the first post is the plea for help :rotfl:I have lurked for many a year but now is the time :( Mrs Anxious Jock and I have been keeping our head above water and no more for some time now, first, 5 years ago we bought a house that stretched us to the limit (on the advice of a…
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Joint IVA - Now Husband has left me
Hi, My husband and I have been in a joint IVA since June 2006 and although we've still got 16 months or so to pay, I could see light at the end of the tunnel and was counting down the months till we could finally get on with our lives. We have been paying almost £600 a month. Then, out of the blue, he packed his bags on…
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In a IVA, been offered Debt Management solution
Hi there, My partner took out an iva about a year ago, we recently had a company write to us and asked if a representative could come round and see if he was able to help. The guy cam round friday night and believes that he can reduce the monthly amount we pay and also the term of the plan. This seems some what to good to…
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A question for you re moving...
Hi all, first of all this is not for me, but about my SIL. She signed an IVA nearly 4 years ago in England, she moved to Scotland and is now struggling to pay it. She has just said that she is going to go to the people dealing with the IVA and say she doesn't want to pay for another year as if she had signed in Scotland…
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IVA issues
Hi, I am not new to this forum as in "registered" but I am new to this forum as in " posting" last time I logged in was in 2009 and to be honest I pretty much forgot about it untill I had a spam email from the central website and remembered my account.. I'm here to ask what do people think of IVA'S??? Is there anyone in…
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How do I find out my IVA Administrator???
Hiya all I completed an IVA in a single payment but am being chased by a creditor that is saying my IVA has not been completed. I cannot find my paperwork as moved and also broken into!!! What luck, eh!! Who can I contact to get a copy of my IVA Completion Certificate??? HELP PLEASE Mark
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I have a DRO but need to rent?
Hi Guys Can anyone help. I have a DRO at the moment, and need to rent a new flat with my girlfriend. However, they all do credit checks. Now my salary is only part time, but she is on 20k. She would be paying the rent and then I would pay bills etc. But they still insist on checks etc. So is it likely I will fail these as…