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IVA & DRO

Archives for April 2011

Debt Relief Oder
At the moment I am seriously considering taking a Debt Relief Order out but before I done it I was wondering... 1. Has anyone done this? If so, is it worth doing? 2. I have a bank account at the moment which I need, would a DRO affect this? Thanks for any help giving.
Saving and IVA
Hi All, I am wanting to try and save for mine and my partners future, but something always crops up and we have to dip in to it. Is there anyway i would be able to set up an ISA to lock in the money and also get a better return. I am currently in an IVA and have about 16 payments to make then clear. we would like to buy…
Dro help
Hi there i would like some advice regardind dro.i have one at the moment and i would like to know: - if i can leave the country, and go to another country without the restrictions? - if i will be liable for my debt when i ask for a task rebate, and leave the country definatly? Please let me know.thank you regards
Dro help
Hi there i would like some advice regardind dro.i have one at the moment and i would like to know: - if i can leave the country, and go to another country without the restrictions? - if i will be liable for my debt when i ask for a task rebate, and leave the country definatly? Please let me know.thank you regards
IVA Completed- I THINK
Just been on the phone to my IVA company(kingsgate Insolvency) as i started my IVA in april 2006, so knew march 2011 was my final payment, so was expecting to hear about a final review, which i have not heard anything about yet, and april 15 came around(my usual payment date), so i paid that payment as i did not want a…
iva/bankrupcy
hi can anyone help? i have got myself so stressed out with all the companies offering iva's and who to trust, me and my husband are in debt of 24000 on loans, credit cards and catalogue. we are currently repaying 815 a month minimum payments. we have a mortgage but our home is in negative equity of approx 5500, a car on hp…
IVA and PPI reclaim
My wife had a loan with one of our creditors and she took PPI out which added an extra £100 a month to the loan. We even went into the bank a year into the loan to cancel it, but was again persuaded to keep it (even though we didnt really want it). Being in an IVA, are we still able to reclaim the PPI or because it was…
IVA completion - Some further questions.
Firstly, thank you for all of the advice given. After a sucessful IVA period which ended in December 2010. I recieved my certificate in March 2011, of which was a good feeling, and starting to repair the mistakes made! I have during the course of my IVA entered into a new relationship. My partner has her own property, and…
Year since DRO
Hey, Okay so its been a year since I did a DRO, is there anything which I need to do? Cheers, Jay
Can anyone help overdraft question
Firstly the background. My hubby is currently in a Trust Deed ( similar to IVA) its due to finish in July 2012 and there have been no problems along the way. Infact it was the best thing that we ever did but its not easy. :j Anyway a RBS overdraft (£2700) that was in joint names was also included in the trust deed but RBS…
worrying over "what if's"
So far so good.. Got the new Bank Account, moved all the direct debits over & changed my pay details to my new account. My file with the company I'm using is complete & I'm waiting for a draft proposal. My nagging doubt is if the wages dept mess up and pay my money into my old account. Its with RBS, and has disappeared off…
Re-mortgage advice
First post from an avid follower of this forum. Our IVA is due to end in Jan 2012, our IVA company are asking us to get our Re-mortgage quotes now & are starting to apply pressure, O/H has applied to one lender but not heard anything back, Should we just let the IVA company deal with it & pay themselves out of the pot, so…
IVA completed successfully but Debt Free Direct asking for more - help!
Hi I was wondering if anyone could offer advice on the following. My partner and myself entered into an IVA in Feb 2006 and we have just completed the full term of the arrangement having made all payments requested successfully. We have arranged a valuation of our mortgaged property and sent this to Debt Free Direct the…
IVA and Shares
Hi there, I have a 5 year share scheme SAYE that's due to finish on 1st april 2012. I entered an IVA now a year and 2 months in to it. I told them about the share scheme when starting the IVA and they said that they would expect see at least £950 pounds from this. In the contract it says that any monies that arise and is…
IVA Insurance
Iv'e just been offered insurance against my IVA failing due to health or sickness or unemployment. Anyone had experience with this?
IVA and Mortgage Shortfall Question
I just wanted to ask a question that I can't seem to find the answer to on here. If you are accepted for an IVA and then you have a shortfall on a mortgage for whatever reason, will the shortfall be "rolled" into the IVA as it is done with opting for BR? Many thanks for you time
grant thornton anyone?
just had a telephone meeting with cccs to discuss an iva, and after the meeting they rang me back to say my case is too complex to deal with over the phone and really requires a face to face with grant thornton group. anyone had this happen to them? ( if anyone wants to to look at my case just look at my previous posts)…
Desperately need help.
In the last two and a half years my life was thrown into freefall. To cut a long story short, mum had a major third stroke which has which has left her needing to be in a care home, she was diagnosed with breast cancer at the same time and then 3 weeks later was dad was diagnosed with lung cancer. I took a year out to…
Post Protected Trust Deed
Hi I signed a Scottish Trust deed in Sep 2006. I was finally discharged from this obligation in May 2010. I have now gone about tidying up my credit files with respect to this (it amazes me how all 3 firms can hold different information about the same accounts). The trustee paid the assigned creditors the monies…
Quick Question
My IVA was accepted on Monday and I've just had my paper work through the post. It lists the way in which my creditors voted. I've noticed that not all my creditors were on the voting list. Does this mean they just didn't bother to vote?

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IVA & DRO

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