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IVA Creditor question
Hi All Can anyone answer this... Currently our IVA is in year two - the total amount is about £80K. So far only £50K's worth of creditors have confirmed their amounts owing. We're likely to pay off 100p in the pound so if not all creditors come forward we may complete in less than the 5 year term. How long do they have…
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PPI refund while in IVA
Hi all - please help! A bit long winded but please bear with me!! Back in 2004 I took out a secured loan on my home. I made only 7 payments on the loan then I remortgaged to pay it off in full. As the loan had a single premium PPI this was paid in full too - £13k of PPI. Since then I have been trying to claim this back! In…
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IP & Solicitors
Hey, Just another quickie - If you are inheriting does your IP have the right to contact your solicitor that is dealing with the estate even if you ask them not to because of whatever reason?? Thanks,
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IVA Advice please - mid year payment increase
Hello All We are into year 2 of a joint IVA. Our first year anniversary was in December 2010. Its all been going well up until recently. My husband got a new job and a good increase in salary. He started in February but didn't actually receive his first pay until mid March. I informed our Supervisor of this increase as a…
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DRO - what supporting documents are required
What supporting documents are required to apply for a DRO please? We pay cash for our rent as we know the landlord so no proof of it - this is my main worry - do you have to send tenancy agreements in or anything? I can prove all my other outgoings bar this. I don't want to get the landlord involved tbh so just wondering…
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Failing an IVA - Query
Hey, Just a quick question. Is it possible to Fail and IVA then negotiate with your creditors yourself in order to prevent Bankruptcy with a cash settlment? Or would the IVA company kick up a fuss etc?
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Creditors Meeting.... Booked
Morning all.... Its time I have been on this forum from the start of my realisation that I can no longer carry on robbing from peter to pay paul.... I sourced advice not only from my CAB office and IVA companies but from many of the users to this site... This information and support has been invaluable thank you all so…
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DMP or IVA?? Totally confused...and upset!
Hi all, I'm new to all of this so in need of abit of help!! Me and my husband have only recently gone onto a debt management plan where we are paying £872 per month to clear debt of around £45,000 (ouch!!!). However, the company who arranged it for us have now contacted me and suggested an IVA where the payment will reduce…
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SOA - let's see what can be done
Here is my SOA - as you can see, I can't afford to live as it is. Is there anywhere I can save any money? I tried to reduce the mobile payments, but can't as still 1 year to go on both contracts (one for my daughter, one for me) I tried to reduce the Virgin Package, but can't either as still 7 months to go on my contract…
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IVA not showing on credit file
I've been in an IVA since 2005 but I can not see this on my credit file (not sure where it should be either), I'm not on the insolvency register either which I should be with an IVA. Can anyone tell me where on my credit file the IVA should show. Also if its not showing on my credit file or the insolvency register does…
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Nervous
Hi feeling rather nervous and sick , got a telephone call with the cccsva at one, with it going to be a joint iva they need to talk to me as well. I just feel so guilty and ashamed we're in debt to the sum of £38 thousand give or take,don't know where it's all come from.Well i do we should have got help ages ago really…
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DRO, but what about my car?
Hello I am in serious trouble. I have some debts which I was hoping to be able to go on an IVA for. I am struggling with money since all the prices have shot up for everything and was hoping I could arrange something. Was going to sort it all out this week, but I have just had the devastating news that I owe council tax…
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IVA & Deferred State Pension advise
Hi there, newbie here. Its taken quite a bit of courage to post, here goes. I am 61 and a lady on my own, I am at present on a DMP with CCCS, due to my age I won't finish paying all my creditors off until I am a very old lady. The CCCS have advised me to go on a IVA, I am unsure and to be honest scared to death, as I have…
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IVA New Bank Account & Overdraft
Just applied for IVA. I am a homeowner with 3 young kids & 60K combined debt with my wife. We're awaiting our creditor meeting at end of this month. We've managed to keep up all payments up to now, but with nil left to live on, and using credit cards for essentials, so advised that IVA was the best course of action. I have…
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Cash ISA after DRO?
My DRO finished a little while ago and on the DRO was Abbey National, now I am trying to become financially stable I want to open a Cash ISA and Santander are offering the best rates. Can I go to them? Will they try and snatch my future savings. Sorry if this is obvious.
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Credit File Clean Up After a DRO
I would like to start rebuilding my credit score but have applied for Capital One and Vanquis and been refused. I have got my 3 £2 statutory credit reports, and they show many of my debts which were included in the DRO are still defaulted or active. I am also still receiving some statements and new cards from 'dead' debts…
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mis sold
Hi i have been reding some information regarding iva companies being investigated for misselling of ivas. My question is i feel we were missold as we were only given the option of an iva and nothing else even though we were living ok. also i was not made aware of all the fees we have encountered and to top it off i had an…
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Revised S.O.A....please help me out with this one
Hello, I have redone my S.O.A. with help from a friend...the last one upset a lot of people...hope this is better...I have applied for a D.R.O....but I have been told that it's not likely to go through(having a friend who is an advice worker is useful at times)..let me know what you think...and any advice on where to go…
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iva proposal
Hi all, i finally got my iva proposal through which is sort of good news i guess. my main concern is that after fees ect, the proposal seems to be for only 14p in the pound, which to me seems very low and unlikely to be accepted? any thoughts are appreciated, dan
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frederickson chasing debt from 2005
Hi, I received a letter from frederickson international claiming i owed for a mobile telephone bill i had around 5 years ago. I disputed it and I have just received a statement of accounts (which is a photocopy) of my apparent arrears with Orange. Yes i did have an account with Orange, but was completely unaware there was…
