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Debt Relief Order over DMP????
Hello. I would really check out the threads in the BR forum, top of the page for more about DROs.
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iva or can we remortgage
We have paperwork to send away for an IVA which is being set up for us,but before we do wondered if we could remortgage instead we owe 17,000 and are 1,000 in arrears with our mortgage which we have an agreement to pay extra each month.partner takes home 350 per week and myself 265 per month basic however this is generally…
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Budget planner
:confused: Please can some one help me am about to start filling out a budget planner maybe having to go for IVA, but not sure what to do over council tax, as we only pay over 10 months do we calculate using the whole figure then dividing by 12 to get a monthly figure? Or just put in what is paid for the month we fill the…
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Creditor wrongly acknowledged debt and entered IVA
Hi - hoping someone can help. I have just found out that one of my creditors (fiat finance) under my IVA - are actually a debt in my mothers name and therefore should NEVER have been on my IVA. Unfortunately they have now asked for the £2300 owed by my mother (actually me as mum took agreement out for me) to be paid in…
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Guarantor now stuck under IVA
Can anyone help - my mum acted as a guarantor on a HP for a car a few years ago - last year I took out an IVA and was told by the company that this would NOT affect my mums credit rating/score. She is now in difficulties in paying her mortgage and no one will offer her a new mortgage to switch to as my IVA had stumped her…
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IVA gettin hard...
I entered into an IVA in March 2007 owing just uner £30,000. I was paying back £302 per month which was fine, but over the last 18 months my payments have gone up to £329 per month due to bonuses etc as I have to declare 50% of it. Anyway, before Crimbo I moved in with my OH and let my IVA IP know and gave them an updated…
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Debt relief order?
What is it and how does it differ from a banruptcy? Seen it mentioned here a few times and was wondering.
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Possible IVA for me - partner buying 'new' car???
Hi, I run a small business and have been struggling due to debts run up a couple of years ago but managing to keep my head (just) above water. With the credit crunch and having a baby due in June I'm seriously considering IVA/Bankrupcy but I don't want my partner, who has never had any credit problems to be affected. At…
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redundant wilst in an IVA !!!
Hi All My state of affairs at the moment is that my partner and I have been in an IVA since March 2006(Just realized I could have gone with a non profit IVA) one year later we discovered we where about to start a family. Since our child was born it has been a struggle to maintain our repayments with my partner being on…
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To veryworriedandscared
I cant seem to leave you a message on your thread. I would contact the debt charities who will advise you. You can have a basic account with any bank that you have no debt with in an IVA. I would say stay well clear of DFD, I am with them and they are useless.
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Can i enter another iva ?
Hi, I have failed on my IVA and they have decided not to bankrupt me, instead they are telling my creditors, i have done a credit check online and only 4 of my creditors show up on it. I went to the IVA in 2004 oweing £48000. and defaulted in 2006 after 1st child was born. Its taken till Jan 2009 for 2 of my creditors to…
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IVA Advice and more
Hi I am very worried about a number of things first of all I have just found out my bank has decided to close my bank account second I have taken the first steps to accepting an IVA for some reason I came across Debt free Direct contacted them and went through all the steps with my financial position. While speaking to one…
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Is there anything i can do?
In February next year and all being well i'll finish my IVA, its not been easy despite the promises made by my arrangement company, the last minute 'oh and 50% of all overtime' bombshell was a nice touch on their part, that has cost me dearly over the five years. The thing is i'm looking for advice and to see if its at all…
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IVA or not
I have been released from BR for 2 years but due to circurmtances,which is to long to go into i have got myself into trouble with the Tax man approx 6k not to sure if this is correct as accountant has cocked up,and a large unpaid mobile phone bill.Dont know what to do. Can anyone please advise
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Debt Relief Order
im in alot of debt and think am thinking about asking to take the debt relief order which comes out next month but i i got skytv and i want to know would i have to lose that or would i be able to keep it as i got my phone line with them and i can go to bt as i owe them alot of money thanks
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Help Needed
Hi everyone. I made IVA arrangements for my debts and have paid them all by direct debit for some time now. I have moved house 6 months ago and cannot find the paper with all the contact numbers and reference numbers. I only get a statement from one (tsb) and so do not know how much I owe or how near to paying them off I…
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UPDATED 28-01-2010 - OFT warns consumers about misleading IVA mailings
UPDATE: http://www.credittoday.co.uk/news/news-item.cfm?news=1498 As said, avoid these companies at all costs and contact your IP. Original post: Still seem to be companies doing this, so here is the OFT's WARNING from last year. From: OFT warns consumers about misleading IVA mailings
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IVA Watchdog
Hubby had a letter off these today. It says on the letter about the fact that we entered into an IVA and the date and after numerous media reports about bad advice they were looking into it. On the bottom of the letter it asks "Who are we"? The IVA watchdog holds a consumer credit licence issued by the office of fair…
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Urgent advice wanted please
My husband left me and our 3 small boys a year ago and this is the financial situation. We bought a house for 210K with a mortgage of 197. The house is now worth approx 180k so we are in negative equity. When he left he switched the mortgage to interest only and the payments have come down gradually from 1200 to 500 a…
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Can I enter into an IVA if i'm unemployed ?
I'm stressed to the eye balls with my debt I was managing it really well paying reduced payments to my creditors. I was really prood of myself for getting on top of my debt and getting creditors to let me pay the lowest payments. Recently though my utility bills have got higher, so I've now tried to tweak a few things to…
