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tesco offer settlement figure
sorry, wasn,t quite sure what to put for the title but i have just been called by an agency collecting debt for tesco. they say that if i pay them 3500 pound now they will write off the outstanding debt of 3500. does this sound plausable? i am in the process of applying for an iva, grant thornton are handling it on my…
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Blair Endersby / Grant Thornton
Anyone had any problems with their switch over? My parents have been with BE for 3 years, never missed a payment etc... they get a phone call today from GT today stating that they owe them £4000 in missed payments!!!! They know that BE have had the money, which can be proved, but no-body knows where the money has gone,…
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Godfrey v A2 Dominion - possession order not 'a remedy in respect of the debt'
This is an important case for DRO law, and we have been awaiting the result from the Court of Appeal for some time. I missed it initially when it was published, but the full judgement is here: http://www.bailii.org/ew/cases/EWCA/Civ/2011/813.html listed as SHARPLES v PLACES FOR PEOPLE which was a similar case involving…
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Token payments
Hi if we're going to make token payments to are creditors is the best way to send postal orders. The cccsva as advise us to make them while setting up an iva thanks.
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Annual Review
thread moved
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Cancelling of an IVA
I am into my second year of IVA but am wishing i never got into it. I now have overtime on and have to give them half of it and it seems that I am paying back more than I owed, Is there any way I can get out of my IVA without losing all the money i have paid into it.
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That's it, done.
Today is the day we have sent our final income and expenditure review off to Grant Thornton, our IVA Company. It still doesn't feel much better over the last reviews but it is good to know that this year five one is the last. It is still daunting waiting for the next 4 to 6 weeks for everything to come back and be…
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IVA or not IVA
Hi all, I'm new here and looking for some advice. I have £18k worth of debts over 2 loans, 2 credit cards and 2 OD's. I am really struggling to get by and have done for a while, everything is up to date but i simply cant carry on like i am, everything is going to come crashing down on me. I've done my figures with an IVA…
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Feeling Hopeless and Desperate..
I am in the process of applying for an IVA. I am with Melanie Giles since the middle of May. The IVA is a joint one for around £60000 debt. Its complicated as all of my hubbys debt is with LTSB. My advisor has told me there may be a problem because of my mortgage of £1200 and secured payment to firstplus of around £550 we…
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IVA accepted :)
Hi all, i just found out that my IVA has been accepted and what a relief it is. It has taken me nearly 8 months to get over my gambling problem and get to this stage, maybe i can finally move on with my life :) . thanks for the help and support from people on here over the past few months, cheers dan
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IVA Due to finish in April
I'm very excited that i only have 9 more month and then this will all be over. Just wonder how i'd be with the credit side. Ive read that it clears after 6 year of the default date, which in my case was May 2006, as i had 9 months break during the IVA, 6 months being on maternity and 3 month of being "homeless" and trying…
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Equity from house sale all go to IVA?
Hi, I posted a few days ago but now have more information so I'm hoping for some help. My dad and his business partner each have a secured loan on their properties but have both also entered an IVA. I have 2 questions:- 1. If my parents sell their house to pay the secured loans (mortgage and bank loan) does my dad's half…
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Default and settlement dates on completed IVA
Hi everyone Firstly, I apologise if this seems to be an obvious question. I have finally received by Certificate of Completion from my IVA management company :j and have started to go through to credit report but some of the reports have what appear to be errors on them. There are a few with no default date but a…
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Cousin wants to go DRO but has 2.5K savings
Hi Again, My cousin who lives with us has debts he cannot pay back and have any basic quality of life. He wants to get a Debt Relief Order, but it now turns out that he has a 2.5K savings bond with one of his creditors, HSBC. He's thinking about using the 2.5K to pro-rata pay some of his debt (total 10K) off each of his…
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IVA meeting tommorrow
Hi all, i finally have my IVA meeting tommorrow morning, in one way i am looking forward to getting an agreement in place and in another way i am scared by what changes the might propose. i would be so happy if they accept the 190 a month that is being proposed but i just cant see it happening, i think it is only giving…
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Closing bank accounts
Hi we bank with natwest and barclays got a loan with both of them ,the loan repayments go out direct debit. Now opened a new one with the co-op ready for starting an iva so the only thing left is the direct debits for the loans. Can we close them ourselves or will they not let us because of the direct debits . thanks if…
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Tentative first steps
Hi, new here, we're in the process of considering an IVA and we're worried and confused about several things. First of all, a brief overview of our situation: Around 2 years ago we realised we were getting into difficulties with a total debt of 52k so we went to see our bank with a very detailed proposal to take a mortgage…
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finished IVA and renting
Hi Guys My iva payments finished in august 2010 and got my completion certificate march 2011. Me and my husband want to rent a house , we have gone through an estate agent and have just submitted our paper work to be checked out. whats the chances of being allowed to rent in my situation?
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DRO & Maternity Pay Query
Hi, I am planning on applying for a DRO when i go on Maternity leave in November as my income is going to drop by 2 thirds and I have no way of making my repayments. I have read all the criteria etc and I think I will be eligible for a DRO. However I am on a temporary contract at work and have just found out that when I…
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Making an insurance claim while on an IVA?
I'v recently been involved in a car bump which was caused by a 3rd party, and during which I suffered partial whiplash to the left side of my neck. The other party have confirmed this and I have seen their designated physio etc while this goes ahead. My question is; if they pay me compensation, do I need to declare this…
