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wrk for a bank & iva's
I've had awful bad luck recently (don't wanna bore you with the details but all avenues have been tried to get the £ back to no avail,) so my income has reduced by £500 pm, which as a single mother means I've had to seek advice from cab and am waiting for a debt officer appointment. The thing is I wrk for a bank (not a fat…
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What is the average payback per £ in an iva
Hi everyone this seems a relevant question,does anybody have any idea how much you pay back per £ in an iva agreement with your creditors
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Dro Granted
As title says the DRO was granted this morning ,such relief to have all the debts of my back Thanks for all the advice:A
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Support or Confront a Potential IVA Failure
hi my sister has had an iva running since feb 2004 so she should have been out of it by now - however, she has told me that its now running til oct 2010. So does that mean its failed ? if so should she just go bankrupt now ? She lives at home with my dad and has no assets (so from what i have read it may not have been the…
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How does a default affect my credit rating?
First time posting here so be gentle :) I entered a debt management plan (which I think is different to an IVA, right? So hope i'm in the right place) with the CCCS in late 2006. Did everything right , kept up with my payments etc. Last year with my Grandfather passed away and with the setllement of his will I was able to…
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IVA - NorthernRock Togeather product help
Hi all I'm considering an IVA but am a little unclear regarding how my debt should be apportioned. I owe NorthernRock a total of £157k but because this was taken out under their 'together' product £30k of the debt is unsecured. When I completed the CCCS sheet do I put down the total owed (£157k) as my mortgage or do I need…
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Equifax - Information still on file over 6 yrs old and after completion of IVA
Hi everyone, firstly apologies if I tend to ramble on a bit but I need a bit of advice on what to do next. I entered into an IVA back in April 2003 which has since completed. I've waited several months before sending for my credit files from the various CRAs, the first to arrive so far is from Equifax which isn't the…
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Help - IVA re-payments too high
Hi Everyone, Im hoping someone can help - please? After a long long battle over the last couple of years, the final outcome is as follows: Repossed property with negative equity of £28,000 Eversheds/GE Money secured loan £8,000 HSBC unsecured loans of £26,000 Ive battled long and hard as all debts are joint between me and…
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IVA in place but now may be moving overseas
HI, I've done a quick search but can't really find the answer... I've had an IVA in place for a few months now, it wasn't something I sought out to do but was recommended to me by my bank and to be honest it's been a life saver! I have now been made redundent and have done the right thing and kept everyone involved…
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Help, Bank Account disappeared !
Have posted here and Banking section Dont know whats happened here but hope somebody can help. My monthly wages were paid in today [paid in on the 15th of each month], withdrew some money to pay a bill this morning then went to work. Went to buy something with card at 5.30 and transaction refused after swiping it twice =…
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IVA and credit rating
Hi My brother came out of an IVA about 6 months ago, he is planning on emmigrating in the next couple of months. He has asked if he can have his mail addressed to my address, ie bank statements etc He has not taken out any loans etc since the IVA completed and does not need/intend to do so before he leaves. Will his change…
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IVA and back money
I'm just about to start an IVA but have some back money due in September of roughly £700. My question is will the IVA company cease it and gobble it up; do I have to submit my bank statements ? Advice on this would be appreciated.
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my girlfriend has a iva, questions about moving in together, help please
i posted this in the bankcrupsy board by accident so re posted on here Hi all I've been reading through most of the posts on here to try find out some information but need a little more. My girlfriend has a iva, she got this before we started dating and is a year into this, we are thinking about living together, i own my…
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IVA Couple of Questions
Hello there. Yesterday I applied for an IVA and I got the paperwork back today to complete. However I have a couple of nagging doubts about what I can or cannot do.. 1. I have already booked and paid for a holiday in July? Can I still go on this, or will creditors take a dim view should they find out 2. I Have so far…
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IVAs and remortgages
I took out an IVA in october last year due to mounting debts. Since then the mortgage rates has come down considerably and I would like to take advantage of the low rate. I wqas told when I took out the IVA a remortgage would be no problem however unfortunatly no-one will look at my situation. Can anyone help?
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DRO advice
I've been managing for years with my debts that i have and always managed to pay them until now where times have hit too hard for me and my partner and i'm finding it virtually impossible to live. due to a few factors, namely my partner losing his job so now i pay all the bills, and working tax credit reduced to half and…
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Would a DRO affect him?
Hi I am considering a DRO after being offered advice from CCCS. However I need to know if it could affect my hubby as he is self employed with his own business. He is now a effectively a sole trader but I was a partnership in the business until long term ill health put a stop to that. He has no 'business bank account'…
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IVA Watchdog IVA to bankruptcy
I have just had a long conversation with IVA watchdog and they suggest I have been mis sold my IVA as I have No Asset, My job is not affected by bankruptcy and I have low disposable income. I know they are just trying to get some money but would a bankruptcy be better for me? I had £42000 debt. My i&E worked out we had…
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self employed
Hi , Just wondering what the options are for self employed people ( sole trader) . Do all the companies debts get included ?
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IVA Failure
Please can you advise as to what happens when IVA fails and goes back to court, I have been made redundant again just when I found another job in september 08, partner is also redundant.
