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IVA, settled but i am still getting harassed
Hi all, i am looking for a bit of advice please, we entered an IVA in oct 2008, but i was made redundant march 2009, so dawson white (the company i went into IVA with) told me i had to use £10,000 of my redundancy money to settle the iva, which i agreed too, i then received confirmation that all my creditors agreed to the…
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Pre-Pay Card - iva
Does anyone know if I can have the pre pay cashback card from utility warehouse if im in an iva? The reason i ask is even though im assured its not a credit card and you have to top it up with your own money, it still has the mastercard logo on the front and it is used like a debit card. Thanks
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dmp 2nd payment
hi, i am just wondering if the phone calls and letters should start to stop after making a second payment into a dmp. i made my second payment on the 7th april. i have spoken to my debt management company and been told that letters have been sent to my creditors, and have to wait for acceptances, what happens if they dont…
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Any help on IVA's appreciated :-)
Hi, I have about £32000 worth of debt. Most of this is a loan with the same company as I have my mortgage with. The rest is a couple of smaller loans, credit card and £6000 overdraft, which again is with the same company I have mortgage and loan. I have managed to significantly reduce the payments on the loan for one year,…
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ooooooooooh yearly review
my partner and i have had an IVA with CCCS for a year now-and we have just completed our yearly review form-and it has left me a little worried.we are currently paying 418.00 a month but when we have filled in our review it would appear that our surplus income this year will only be 182.00. this is because our 42.00 tax…
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Have I got this correct? IVA and self employment
As we are self employed my IP informed us that we would have a review in 6 months. By then I will have accounts for 2010-2011. Currently we are working on our only availiable accounts which are 2009-2010. It looks likely that my earnings will have increased but by what I wont know untill thay are back from the accountant.…
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IVA and non-creditor bank accounts
We have had our IVA approved and have recieved the form to sign that we have destroyed our credit cards and cheque books. We have long since destroted all credit cards but still have a cheque book with a bank that has never been owed anything by us and is not named as a creditor in the IVA. Do we need to destroy this…
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newbee and need advice
Hi I am just doing lots of research before I settle on whats best for us.My name is Hayley I live with my partner we are both 28 and have 3 young children. My partner works fulltime and I stay at home to look after the children. We have 8 creditors with a grand total of £24,000 worth of debt ranging back from when we were…
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I have a 2nd interview but have a DRO....
Hello, I am after any advice please. I have applied for a job and have a 2nd interview with them later today. The job is much the same to what I do now and about the same wage. My question is, do I inform them about the DRO and at what point? My current job is fine with the DRO and I have never been questioned (I am only a…
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No1 police credit union
Hello, this is my first post despite having read every possible post on this forum for the past year and I hope I have put this in the correct area!! I am looking at an iva and have telephone appointments with payplan and CCCVA over the next 2 days, most of my debts, all £67000 of them, are with the main highstreet people…
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IVA and pension
Hello, I recently entered into an agreement (as you may know J) I am self employed and the monthly payments were based on a projected wage from the company. In the projections for the company there was a figure taken out for my pension as a director. This figure was based on a projection from a financial advisor, it looks…
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BR or IVA - help please
Hi guys, Looking at going br in the next month or so but also considering iva. One thing I'm concerned about with br is cars. My partner and I have a car each that are both financed in his name but one is registered to me. If I was to go the iva route, would the finance payments that I contribute to (we pay half each on…
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Maths question
Trying to work out the best route as we are back in financial hardship again - either to continue the IVA route and keep on, or go for a BR. Had the house valued as follows: Bought at £355 Mortgage at £315 Valuation at £355 - realistic sales price In a BR we are likely therefore to lose our home. We have a rental property…
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Would a debt relief order be any benefit to me?
I've only just heard about this, I believe it comes into effect over here in N.I in June, at the min I have debts less that £15K, no assets, my left over each month of £50 goes to Payplan to clear my debts, I've been with Payplan now for 3 or 4 years and to be honest I am not getting anywhere very fast.
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Accepted IVA today!
Hi everybody, Im new but thought i would sign up and have a chat about my experiences and what (if anything) you would recommend i do from here. I am a rapid response driver for the ambulance service in york and got into quite a lot of debt, to the tune of 43,000 pounds through having a baby, and then having to redo the…
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Wifes Bank Statements
At the yearly review can my IP ask to see my wifes bank statements?
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Creditors Meeting Today
Hi, My creditors meeting is set for 3.30pm today. To cut a long story short they will get 0p in the pound if I went BR but they will get 100p in the Pound if they accept my IVA. Surely they would accept my IVA proposal based on this? But I guess its not that straight forward. Does anyone think that they may still decline…
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kind of regretting my IVA?....
Hello, Im currently 1 year into a iva with payplan, im finding myself getting more and more frustrated with it though and im looking for advise as to whether or not i should go BR. I loved my IVA at first as i got myself into a massive mess (ill not go into how i ended up needing a iva) and the IVA was a lifeline. At first…
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IVA and change of circumstance
HI We have had an IVA for approx 6 months, term is 5 years at £150 a month, I have had a job oppotunity on a self employed basis, I have been advised for tax I would be better setting up a limited company which I have done, prior to me taking this job because of our current financial situation we requested a 3 month break…
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IVA problems
Hello there, A while ago, I started a thread with this forum about IVA disputes. NOW a fresh but serious problem have come up. People might think that by the end of the IVA everything would be written off. But in this case, I would like at least some money back of which I am entitled to in the first place. By the way, I am…
