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IVA & DRO

Archives for July 2009

Meeting of Creditors
Hi Today was my meeting of creditors to do with my proposed IVA, However I was rung saying that certain creditors wanted to adjourn the meeting for 7 days. Is this Normal? Got me worried now that it may not be accepted. Darren
additional card holder
Hi I have recently been appraoched by my bank offering me a loan. When i went to see them about it I explained i didn;t think i would get it as I had recently tried for a credit card and had been refused. they told me that everything looked ok from their end - the way i ran my account etc nd they felt it would be fine.…
SOA - going on maternity
My partner and I are thinking of entering an IVA. We owe £60k. We've spoken to an IVA company who think we have a promising case, I also spoke to CCCS who basically said tell your creditors that you can offer a pro rata payment and then contact CCCS again when my salary is gone. I don't think I can cope with a newborn, one…
IVA management procedures etc
Hi all, have been glued to this web-site for a couple of hours now and have found it to be a great source of information and indeed comfort ! My husband and I are aro £80K in debt and have just contacted National Debt Line who suggest an IVA. I think I understand it all, but have a query regarding the mortgage bit. We own…
switching iva
I recently spoke to you as friend of asbestos2008! I explained that now they have my IVA money my company are not even telling me how much to pay each year, i just keep getting fobbed off. Today i recieved a breach of agreement letter for payslips in jan onwards, however i have returned pay slips from may (for feb, mar,…
And it begins...
Hi all I've just started down the long road of applying for an IVA. Managed to get in touch with two different companies....Payplan and ThinkMoney who I believe also go under the name Gregory Pennington?? I've seen lots of good comments about Payplan but does anybody have any opinion of Gregory Pennington? They seemed VERY…
Can they petition for bankruptcy????
Hi There - I just posted this on the wrong board originally - rookie mistake! :rolleyes: My husband and I are in the final stages of an IVA. We have never missed or been late with a payment. The IVA is due to end in May 2010 so our supervisor has requested that we get a re-mortgage offer to pay £13,000 dividends to the…
IVA time?
can anyone tell me what the chances of me being able to take Barclays to court and getting a judge to rule against them. Barclays, I believe 'illegally' by closing all my linked accounts both business and personal similtaneously despite countless appeals before hand with no reply and local branch officials on my side.…
Post IVA clean up
I am really confused about how to go about cleaning up my credit file after finishing a full and final IVA in 2007. I have just got hold of my Equifax file and some accounts are shown as partially settled but there are not default dates on them. Am i right in thinking that the default date has to go on in order for me to…
Starting a DMP but..
Hi, We are starting a DMP with CCCS, and have cancelled the direct debit for our loan as we just cannot afford to make the payments. CCCS advised to send a token gesture in the meantime - as DMP may take until September to set up. However when sending a token gesture, do I send a covering letter - and if so, what should I…
Can anyone help me? DMP/IVA/BR
Please help me as I am unsure where to turn next. Although we have been to CAB and have looked at options of DMP, IVA and BR and have a telehone appt with Payplan on Sat eve. I have so many questions and worries. I know we are the only ones to blame but have been juggling to ensure all minimum payments have been made on…
First Direct closed acct today....
HI all First Direct rang today to give 28 days notice on forclosure of my current account because I have entered into an IVA. I don't have any debts associated with them it is just there policy....... Question is, is there a bank account available to me where I can withdraw money on switch/debit card at all switch machines…
CCCS IVA's?
Hello, Been considering various options for a while now including bankruptcy but after a pay rise I have managed to give us more money to pay off debts so checked with CCCS site and it recommends an IVA, after all our essential bills we have £376 left over, with total debts of around £44k... I submitted a request to CCCVA…
Not completely IVA related . . .
Are there any IP's on here who would mind me dropping them a quick PM with a couple of questions ? Thank you in advance. T xx
IVA Help please - mind racing!
Hi, Am roughly 43k in debt (cards/loan/overdraft) and have made my first call today to national debt advice line. So desperatly want to be out of debt! I wanted to do a DMP (after all I spent the money - I feel I should pay it all off) but it has left my mind racing - DMP would take me 11 years to pay - so I was thinking…
Few urgent IVA Questions
Hi My husband and I are in Debt over £25000. He is in full-time employment working in retail with a basic of £600 a month and works on commission in the car industry. These last few months the market has been really bad and his take home pay has been £1200 + a month. I am unemployed but a Registered Childminder and hoping…
IVA help
I am currently in an IVA with Blaire Endersby since 2007 (approx 30,000, sttarted at 252 now paying 370 in just over a year which i have to calculate myself? having done a year with CCCS previously) I was told that they would help all the way through and every 3 months i send pay slips an every year they do a review but do…
Trust Deed Refused
Hi everyone i so so hope someone out there can help me as i am at my wits end and am so unhappy with the outcome and dont know where to turn. Here goes!! Back in December i went with a DMP i paid them for 1 month whilst they put me in touch with a IP to go ahead with a Trust Deed, applied for the Trust Deed and…
Failing an IVA
Hi, I have posted on the bankruptcy board today as well but wondered if anyone here could help too. My husband is currently in an IVA ,it has been running for 2 1/2 years. We are finding it very difficult to make the payment each month. For the IVA they calculated the payments using my husbands wages and all of my wages.…
PayPlan... confused what to do, what happens.
hi guys. got myself into quite abit of trouble - £23,000 of debt. Ive been intouch with pay plan. basically my pay is reduced for a couple of months and ive got more going out than coming in. Ive got all the letters for my creditors through this morning. (they are advising me to offer a token payment of £1). My question is…

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