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Help!!! Just found out i've been defrauded!!!
Hi All, I'm panicking here. I have an IVA with William Goldberg. I received a letter in Sept telling me they'd changed their name to Knightsbridge with all my account details correct and my creditors info correct. They sent me a letter asking me to update my Direct Direct with their "CORRECT BANK DETAILS" after a little…
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How do overtime payments work
HI all Well, were at the start of our IVA (just 58 payments to go :T ) I have a salary allowance of £1700 before any extra money is taken and the wife has £575. If my wife gets £670-£575 allowance leaves £95. Is it a 50/50 split or something else? When I first enquired about the IVA, I was advised that the first £170…
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IVA and pensions
Can I start a pension whilst in an IVA? Am I allowed to have one? any advice appreciated thanks
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DRO Help
It's probably best to give you a little bit of background on the entire situation so I'll do my best, it's not the full story as that would take me days to write and I don't want to put people to sleep as they're reading. Me and my partner are in around £12,000 to £13,000 worth of debt. I don't know the exact figures but I…
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Failed IVA
Hi This is my first post on here. I have just had an IVA fail after 2 years. To be honest I signed into it out fear and panic and a debt which had accumulated after redundancy and a poorer paid temmp job. I have just received a final report which states that out of the £3960 I paid, only £2041.52 went into the agreement. I…
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IVA – typical amount to repay
After speaking to an insolvency specialist today he said that my creditors would probably want 60p in the £1. Is this a typical amount to repay back creditors?
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IVA's & Mortgages
I've currently got 2 years left on my IVA and my partner is taking out additional borrowing on his mortgage to try and get my IVA paid off early as we desperately want to move and buy a house together. Want are people's chances of getting the mortgage with the IVA still going or like the day/week after it was paid off? It…
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IVA - What is the catch?
Assuming you have no equity in your house but a load of unsecured debt. You pay back roughly 25% in total of what you owe over 5 years and in that time your credit rating has gone to sh*t and you cant borrow any more . In year 4 although looking very unlikely in the current climate your house hasnt jumped hugely in value.…
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income change
post iva agreement, what would happen if my income went up or down sharply?
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iva and new car loans??
Hiya I need some advice. We are two years into our iva and are paying our car loan extra to this.We have been told that when our car loan finishes in april we will have to add that money onto our iva amount. Fair enough. BUT we are using an old wreck of a car and we need a more reliable one for hubby work. Is it possible…
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The final hurdle?
Just one question Been to see the Citizens Advice Bureau twice now and very close to taking an IVA possibly through payplan. CAb have asked us to fill out a budget sheet ready so when we are allocated to one of their case workers they have all the info they need. What worries me is should we fill in our exact incomings and…
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Early settlement of IVA
Hi, I'm posting this to get advice for a friend who is currently 18 months into her IVA. Her debts were around £24000 and her IVA is paying back £230 per month for 5 years totalling £13800, she has paid around 18 months of her IVA leaving around £9660 to pay. So the thing is she has received a settlement from her work for…
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Iva payments and joint overdraft
Hi Folks My husband made his first IVA payment 2 weeks ago now. How does the IVA company pay the creditors? Do they send payments every month or do they keep it to one side and pay one big sum at the end of the IVA? The reason I ask is because we have a joint overdraft and this was included in the IVA. I know I am fully…
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4th year valuation
I am due to get my house valued to see if there is any equity in the property for my IVA. Who do i get todo this do i just call an estate agent or can i get a valuation on the web? Thanks in advance
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? Re mobile phone contract renewal in iva
Hi there Have iva and all going well. Mobile contracts are up for renewal now and am trying to sort out. Have been offered a great deal but it's 20 per month more then our old one....would this be an issue with the iva when we have our annual review? We could look at cutting back somewhere else to cover the…
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Money For Living Before IVA Is Agreed
Hiya. Hubby and I have decided to go for an IVA after filling in the forms on the CCCS website, it says an advisor will call us back within 48 hours to speak to and IP? Anyway we literally have no money to survive until payday and while this gets sorted out and we have been livivn off credit cards for too long. Is it ok if…
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can anyone help?
Hi i am new to this forum but i read every day. I have a question about my iva. I am in month 32 of my iva and so far i am happy but i have dug out the paper work today as i do sometimes to help me stay with it lol. I have since found today that my iva is for 72 months wich i thought it was for only 60 and i will ring to…
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newbie and unsure
Hi Guys A newbie here,ive just started the prosses of applying for an IVA with a paid company as one of the free companies could only offer me a DMP which i wasnt to sure on.Ive paid the fee to this company and ive now been passed onto another company and unsure if this is correct and the amount that the first company said…
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new to a IVA
myself and partner have just entered into a iva as we were deparate with how much are debts were getting to us. i am just very wary of this we have been in a dmp for 5years and basically still owe the same amount however the iva company bsaid we will be free in 5 years is that right and anyone got any advice thanks
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Confused with wages and IVA
Ok so hubby has an iva approved with joint income of £3100 and expenditure of £2700 leaving £400 to go to his IVA. Included in the expenses were £300 to go towards my DMP Anyway hubby has had his first wages from work today since his overtime stopped (The reason why we cant pay our debts now) and its about £160 more than…
