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IVF and a SAVE
Hi guys, a family member has a company share save account SAYE with his work. The share save is set up with the Halifax. He asked me originally if I wanted to invest which I do currently paying £200 per month into his account and as you know the money is taken out of his payroll and transferred into the share account. The…
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DRO forms
Is it possible to take a look at the DRO forms, even tho it has to be filled in by an intermediary?
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If income increases after DRO
With DRO, IPA's not part of the scheme because there's no disposable income at the time of the DRO. I hope my income (self employed) will recover. I don't expect it to recover such that I can repay my credit cards during my remaining working life, so I'll still need, and be grateful, to be let off that by DRO, bankruptcy…
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preferring of creditors before DRO
In the run-up to DRO, but before applying, which of these wd be regarded as 'dishonest' preferring of creditors? - paying-in to reduce bank overdraft - paying overdue biz invoices - continuing repayment instalments to a private creditor (friend), while my credit cards know I've stopped paying them more than a token -…
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'Disposable income' in DRO for self-employed
Any idea how 'disposable income' is calculated in DRO, for self-employed? Is it based on income as in taxable nett profit, after biz expenses? Tho my self-employed income has collapsed since Oct, I'm still at work trying to rebuild same, with biz expenses like car, phone, stationery, computer repairs etc still carrying on.…
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DRO & Bank Accounts
Hiya, I am currently considering a DRO and have a few questions im hoping someone will be able to answer. 1) Ive been told my current bank Barclays will take my debtit/online banking away from. 2) I have now been told i could get a cash card with nationwide with online banking (this is important to me because i have a…
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IVA with DFH been running for 2 years and have not recieved updated statements!
Hello, I have had my Iva for 2 years, after paying £500 a month for roughly £22,000 debt I have never recieved a statement and am now really concerned that my creditors have not been recieving their money's. I am now seriously concidering defaulting and moving away from this company and going with a government recommended…
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This Board....
I thought was for help and support of people considering or already in an IVA. Would the people who only come on here to slag off IVA's and basically telling everyone who has an IVA that they should go bankrupt as that is the be all and end all of debt management and sorting out, kindly begger off back to the bankruptsy…
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A new question - different IPs for different payment levels?
I am so pleased by the quick and considered responses to my first question on this forum that I have very quickly come back with another. I originally started investigating IVAs via the very helpful forum on the iva.co.uk website. Through reviews and recommendations on that forum I gravitated to an IP called Melanie Giles,…
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IVA Help/Options
Hello This is my 1st post, so please be gentle. Last year I agreed to start an IVA with payments of £275 a month. After 5 – 6 months through the first year I fell in to arrears as my girlfriend was pregnant and we needed things for the new arrival. After about 9 months I wrote to the IVA company asking if I could reduce my…
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IVA - effect on wife's credit status
I probably already know what you are going to tell me but... I am almost certainly going to have to start an IVA because of £30K+ worth of personal debts that have gotten completely out of hand. All of the debt (and overdraft) are in my name only. My wife has her own bank account and aside from the mortgage on our house we…
