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consumer credit cancelled
Hi, My partner and I have been with the 'consumer credit agency' for a few years, it started off at £150 a month, then went to £170 a month, and this year it went up to a staggering £295 a month. They reckon we were getting that much extra in tax credits, it never left us any margin for anything that might come up, like…
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Don't qualify for IVA - please help
Hi all, In a bit of a pickle here. I have been referred to an IP by the local CAB as I was advised by them I would qualify for an IVA. Basically the IP has advised I do not after all qualify for an IVA as I didn't do the sums properly (albeit with CAB assistance). They did advise however that because our CFA's are now…
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Cannot afford final IVA Payment ..... ???
When I set up my IVA, I committed 12500k into the arrangement as a final payment. I am coming to the end of this arrangement, and finding myself in a position where I will not be able to meet this final lump sum. Can anyone help as to where I stand with this? :beer:
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IVA/PPI help
Hi back in may I started proceedings to claim back PPI on a loan I was missold. Since then my finances detoriated to the point I was forced to go for an IVA which was accepted. Since then However I had heard back from Halifax about the PPI and was told that I could expect £545.81 back. I had a letter back today saying the…
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Can we go into debt management
Hi, myself and my partner owe a lot of money mostly credit cards and one personal loan. We have been struggling with the debt for a number of years but we have really got to the point where we will lose our home unless we deal with it. We are considering debt management the only problem is my partner is a mortgage adviser…
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DRO question
my MIL has an appt to see cab re:dro soon and i was wondering when she does an SOA beforehand can she include the debt payments she is currently making,but will be part of the dro,or are these not allowed as monthly outgoings. thanks in advance for any help.
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Considering an IVA
I'm seriously considering an IVA but the thought completely scares me. A DMP would be the ideal option but I think realistically with my level of debt and money available to pay it off I will be paying forever! I have spoken to a couple of companies and found them to be very pushy. They wouldn't enter into conversations…
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Scottish Trust Deed/IVA - Protected, now what?
Hi - a few quick questions about a scottish trust deed that i've just had protected. -I know that if i had pensions or savings when taking this out (which I didn't) that they would be liquidated and put into the td. what however happens if i now decide to open a savings account, or make a small contribution to a…
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In an IVA & just found out I am pregnant!
I wander if anyone can give me any advice I am in an iva with my husband it was all agreed in June this year. We have been paying it and everything is fine. Last week I found out I am pregnant! We are thrilled and it is our first child. What happens with IVA? Extra payments we will get? We are with Payplan and I am trying…
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Debt relief order advice, please help !
Hi, I have been thinking of applying for a debt relief order for a whilr now, but the whole thing scares me and I need some advice of someone whos done it. I have checked online and beleive I qualify for this, but I am scared of making a wrong decision, I cant afford to pay off my debts at all and there just getting worse,…
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Soa please comment
Can someone have a look at this please, we are in a joint iva (2 years)circumstances have changed, we are either going to offer F+F or petition for bankruptcy. thank you. Money will increase by £200 next May, we are paying back an advance for change from weekly - monthly pay. 2 adults 4 children (20, 18, 15 & 11) Statement…
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was IVA right for me
Is it right that I applied for IVA? I have tried claiming bank charges and PPI but if ever I get good results, all refunds will go to the IVA. I am just in my first year of my IVA. Please help me.
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trust deed
when can application for a trust deed be refused?
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Help with a Debt Management Company
Hi, this is the first post I've made. My partner consulted a debt management company called "Money Worries" who took all his details and said they could help. We were going to pay £200 a month for 36 months and it all sounded fine. I didn't want to go through with it so we never signed the form however they have now just…
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IVA failure
:confused: Hello My IVA failed in February 09 they sent me the report but I dont know if they have filed for bankruptcy as have not heard from creditors yet.
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What happens if Im on IVA
What happens if Im on IVA and will try to claim bank charges and PPI? If there is a good result, will the creditors put all the refunds on your outstanding balance or will they pay you by cheque? Is it better to wait to finish my IVA which is in four years time or is it ok to claim now? please help me please,,,, thanks
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Dont know what to do
Hello to everybody. Can somebody help me please. I received a letter today from MONUMENT stating that they will pay some of the PPI but was told that MONUMENT wont issue a cheque and any refund will go towards the outstanding balance. I am on IVA at the moment. PLLEASSEEE help me. I dont know what to do as I am completely…
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DRO's & Tax Credits
Hi there Wondered if anyone else has come across this same situation. I became subject to a DRO on 13th Aug this year. I included in this order an overpayment for Tax credit awarded a couple of years ago. As they have continued to make reduced payments to me i called them today and was infomed that because i have an on…
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Creditor threats while IVA being set up
We're in the process of setting up an IVA - documentation in, just waiting to meet with IP before creditors meeting is set up. Hoping it'll be in place by end of November. My OH had a letter from Egg today saying that he's in arrears and unless he pays within 4 weeks the case will be passed on to a collections agency. Egg…
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What happens after acceptance of !!!!!!.
Hi Does anyone know what is supposed to happen if your Final settlement offer is accepted ? My letter from IVA just said mtg went ahead and vote to accept , ( all by proxy ) means it was now accepted....as Warner would go that all folks ... Do you get a time period in which to send the payoff cheque to the IVA company ?…