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IVA & DRO

Archives for December 2008

IVA & DMP - reclaim bank charges??
Hi everyone, Quick background I recently entered into an IVA and my wife started a dept management plan DMP (she is self employed) both set up with CCCS who have been fantastic. I am aware that I am unable to claim bank charges from Lloyds TSB due to my IVA but as the account is in joint names my question is 'can my wife…
IVA / SMP help!!
Hi all - I'm hoping someone can help me!! I'm currently into my second year of my IVA, and all has been going well. Now I've discovered that I'm pregnant and worrying about how this is going to affect everything, as whilst I'm on maternity leave I'm obviously not going to be able to afford the payments that I'm making at…
Trust Deed / Protected Trust Deed Or Debt Arrangement Scheme
New to the board so be gentle with me! I have a telephone interview with the CCCS tomorrow as I've finally admitted to needing help. Hoping to get the ball rolling in one way or another with them. During my many sleepless nights I've been trawling the internet and I think the best solution for me is either a Trust Deed or…
At the end of an IVA?
I'm a little confused - in the final year of an IVA do you have to remortgage your property AND pay an additional year?
Getting married on IVA?
I'm currently a year into my IVA, the second year is up in May 2009. My question is i'm thinking of getting married in 2010/2011, what will happen when you get married with the house assets. i.e. After getting married 50% of everything is split between you including any assets etc Will this effect the IVA in any way?
how do i take control?
hi guys at the moment i am in a iva i need to know if there is a way that i can get out of the iva and take control with my creditors and pay them direct (however small), i know that i should've done this to begin with but i went with an iva out of fear even tho i have no assets so how do i get out of the iva that's the…
Moorcroft and CCCSVA
My IVA was accepted in september and done through CCCSVA, now I have had a letter from CCCSVA stating that Moorcroft, who had 4 of my debts have sold them back to the original companies.....[ Nationwide x2, Vodaphone and Argos ] Have to try and find statements from these companies to send to CCCSVA to confirm account…
should I even have an IVA?
I had about 35k of credit card & Bank loan debt in 2004 I contacted spectrum who sent a man round and he suggested an informal agreement that they would set up. he went through a I&E form and set an amount of £500 a month. We paid them an amount (about £350) for 3 months then went to the £500 This was extremely difficult…
IVA info needed please.
Good evening, could anyone tell me if someone could still stand in a election as a councillor if they have an IVA? Also if a councillor goes into an IVA while in office do they get dismissed/sacked? Thank you for your help.
iva review question
hi we are currently filling in the paperwork for our 2nd review. i am unsure how to work the income out correctly. they have asked us to provide 3 months wage slips, now if you take an average income from just them it works out higher than if you work it out over the year (not by much admittedly but i want to get this…
Need some SOA help
Hi, I've just been sent my first review for my Trust Deed (Scottish form of an IVA) I've been in it for 14 months and this is the first review we've had! I need some help filling the expenditure out. Also the income part for myself. I'm a stay at home mum. My partner pays my trust deed on my behalf. The form asks what your…
IVA Review
Hi all, Just about to come up on my first year of an IVA with Debt Free Direct so i assume ill have a review? What does this entail and what sort of things would i have to do for it? Thanks. Tom
IVA -settling early
Hi there I was wondering if I'd be able to get some advice regarding ending my IVA early. I am currently coming up to the end of my third year into an IVA (just gone through my third review). My original debts were around £21,000 and I have no assets. My payments started at £197.50 per month but then I received a large pay…
Who to go with 4 IVA cccs or payplan?
Hi, Need some advice from the many as good as experts on here. Done the online debt remedy with cccs and thy have recommended a low start dmp or iva. After lookin at all options would prefer to do iva if i get accepted. However got a couple of wories/queries firstly who to go with cccs or payplan. As noticed on cccs debt…
New and in need of help...
Good day everyone on the MSE website... I hope you can take the time to read my little thread as I am in need of your help and support. Over the years I've managed to get more and more in debt and now I have moved in with my girlfriend, with baby expecting, I need to face the harsh reality that I'm in over my head, about…
joint debt, ex husband with IVA
I had joint loans with my ex husband, he took out an IVA 5 years ago. His IVA has now been completed & he is making no more payments. He says the remainder of the debt has been written off, but I recieve correspondance saying the debts are still outstanding & asking me for payments. Can any body please advise?
Allowances
Does anyone know how much you can claim up to for 'hobbies' when applying for an IVA? thanks
IVA & Property Portfolio
Hi all, Many of you have probably read my previous thread on BR and having a property portfolio, although im very appreciative of the advice many people have different views on how things works and as with all my discussions with financial firms to date im still getting conflicting information on this site. Please…
IVA Advice
Hi I'm new on here and wondered if any of you have had any dealings with a company called Baines & Ernst, any information good or bad gratefully appreciated.
Off the Cuff
Sitting mulling the situation over - as you do, and I was wondering....... With the current climate as it is, do you think if debtors were offered a lump sum as a full and final payment, would they take it and run, or do you think they would be inclinded to stick around and draw the lifes blood out of you? My DH has a DAS…

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