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Applied for IVA. Sick with worry
Hi Everybody. Over the last few weeks this forum has been a complete god send. Only now have I had the courage to post.:( We are in the early stages of applying for an IVA. We sent our paperwork off to our IP last week and now it's all just the waiting game which is quite frankly making me feel physically sick. I am, by…
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IVA and likely marriage split, what then?
Hi all My marriage has been on the rocky road for some time, we seem to hurt eachother more as opposed to caring and respecting one another, I don't even like the person that I'm becoming :( I think we have only stayed together for some time because of our 2 children (youngest is 3). I do believe if the parents are 'happy'…
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IVA Question - Not sure what to do!
Hi all, I am not sure if anyone can give me any advice. I have just entered my 3rd year of my IVA payments - £400 a month, and so far all payments have been promptly paid. At the moment I am on compassionate leave from work, as my mother is in a hospice and fading fast :( My line manager has told me that she is going to…
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*De-Lurking* So ashamed of our debts, will we ever be free?
Hello to all you lovely posters, I felt it was 'time' I de-lurked and introduced myself! :) These boards are brilliant, they have given me so much knowledge and encouragement along the way and I really don't feel so alone anymore. Thank you to you all. My story is long winded but here goes! (so sorry if this bores anyone)…
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Think iva is worse than ever......is it easy to come out of an iva?
HI How hard is it to come out of and IVA and contact the creditors ourselves to make payments? Payplan have just done our first monthly review, a year ago our surplus was £287 now its £194. Payplan will not reduce our monthly payment. We are still borrowing money from family members each month to see ourselves to pay day.…
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Can you switch IVA practitioners?
Hi folks, can any one tel me if its possible to switch IVA practitioners? I have an IVA set up with a company which have been excellent in the past but the past few months I feel they had let me down badly. My partner lost her job at the start of the month and they were good in letting me have a payment break. However…
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iva.net, McCambridge Duffy
hi, i am currently looking to sort out a proposal for an IVA with company i found called McCambridge Duffy their website is IVA.net. i have suddenly thought i might have rushed into speaking to this company, they were just the first i came across. although there are no upfront fees, i am worried because i know you will all…
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IVA proposal accepted, but.......
They want me to reduce my workplace pension contributions from the maximum (platinum level - Benefits builder plan) to the lowest level. This is from 9.5% to 5.5% and I think works out about an extra £100-120 a month on top of the agreed £269. Perhaps some of you clever people can work it out better - from last…
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Iva help
I entered into an IVA in 2006 and have made all payments. Recently due to a change in circumstances I have had to ask my Insolvency Supervisor to speak to my creditors to reduce the monthly payment. The company has called a variation meeting whereby I make smaller contributions but with an extension to the length which I…
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Can a bank cancel an account because of an IVA?
I recently entered into an IVA and now First Direct have called and said that they're giving me 60 days and then they'll close my bank account. Can they do this? They say it's in their T&Cs but I wasn't aware of it. And how difficult is it to open a new bank account with an IVA?
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Lied on my DMP and now going for IVA so will get found out!! Scared!!!
Hi everyone, I am going to be honest and say that I lied on my DMP. You don't have to send wage slips or any other proof so I just told them my income was a little bit less than it is. However I freaked myself out about it all so I told them my expenses were less too so I was still paying a reasonable ammount. I know, this…
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Should I just try and negotiate with creditors or go IVA????
I have 2 credit cards in my name toatalling £13k currently paying £300p/m (Barclaycard/Tesco) A loan of £31k inc all interest to be completeed Oct 2016 currently paying £449p/m (HSBC) A loan of £3.7k inc all interest to be completed Oct 2012 currently paying £174p/m (Blackhorse Car) A loan of £1.2k inc all interest to be…
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Defaults on my Credit Report
Hi all, I have only TWO payments left of my IVA, so near now! I signed up to all three credit reporting companies to get online reports so I can start to cleanup my files etc. I have read the 'clean-up' stickey thread and want to clarify something: Assuming the default date is correctly shown as the IVA start date (say…
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Advice please DMP vs IVA
Hi I currently have around 35,000 of unsecured debt which is being administered by CCCS (who are fab:D) Creditors have been ok by and large however about 10,000 of this is credit card debt and despite being asked they are refusing to suspend or reduce interest on these. For every 45.00 I pay off these there is only 1.38…
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defaults on credit file after iva start date
hi i have noticed i have 2 defaults after the start date of my iva what can i do many thanks ali
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IVA accepted, change in circumstances already
I have posted a few times and have been given great advice and support. I decided to go for an IVA in the summer when my marriage broke up and I was left to support my children. My mum agreed to raise 3rd party funds as a one off payment. This proposal was accepted. My partner and I decided to try again before the deadline…
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iva paid off but still defualts on credit file
noticed some defaults on experian today one loan has had nothing from the iva and also a bank account which should of been closed wich appers to have been bought by a capquest i paid my iva of early now worried these people will be in contact
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Does life end with an IVA?
Hello; (Maybe I'm being a little dramatic with the subject heading) I am a director of a small company, I own 15% and its been running for 6 years. Things have been hand to mouth since the beginning. There is always the prospect of success just around the corner, but it has been a hard slog. At last valuation it was worth…
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Need help with questions about DRO
Hi I am currently applying for a Debt Releif Order with National Debt Line, it hasnt gone to court yet but it soon will do. I have some questions though and hoped you knowledgeable folk may know the answers or advice please? Sorry so long winded and so many questions !!! Thanks in advance for helpful advice. We completed…
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IVA failed before it started - worried sick now
i'm a new on here, i have posted on the debt wannabe forum, and have been advised to post on here. I am so worried sick, think i'm about to lose my whole life. 7 years ago i was in real serious debt, which i ran up when in a previous relationship, bank loans, credit cards etc. all the debt is mine. I was accepted for an…
