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Thinking about an IVA but want opinions/advice
Hi, I hope I can get your honest opinions and advice here, as I am really not coping well at all with my debt. I've been to the CAB with my debt situation and they have referred me to a free (no money up front) IVA specialist. I'm really not sure what to do, to me this is a massive step and at the age of 25 I need to make…
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IVA and PPI - please help
Hi all, I'm after some help or advice on behalf of my partner who has recently successfully finished paying off an IVA. In the last couple months of the IVA, (March this year) the company running the IVA contacted my partner claiming that it was likely she was mis-sold PPI and that they could recover some sort of…
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F&F Settlement Process?
have recently decided to make a full and final offer on my IVA, a friend has offered me 4-5k to pay it off (I currently have just over 6k left to pay over the next 3-4 years) I was going to offer about 4k and see how that goes first. I contacted my IP and as usual ive had very little response back, so ill ask a few…
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IVA nearly finished but I need advice!
Hi, Not sure if anyone can help but I am now coming towards the end of my IVA and have realised that I have been "overpaying" for the last few years. Bascially I started my IVA in November 2006 and agreed an amount of £325 per month for 60 months, paying back a total of £19,500. When my first year review came around my IP…
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I was just wondering...
If our IVA is approved, can we then have a big bonfire of all the paperwork relating to our debts, or is it advisable to keep any of it? I was just going through some of it tonight and I just thought how lovely it would be if I never had to look at it again.
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charging orders
Hi just a question about charging orders. If you enter into an iva which we are still looking at but not yet taken the step, can the people we owe money to put a charging order on our property. :question:
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debt relief order help please!
hi guys any help/advice please. amconsidering a debt relief order, i owe about 7000 carfinance, 5000 bank loan and then 1/2 phone bills totalling 1000.how do i apply for this if i dont know exact figures as the debts are 2/3 years old? and how long will it take to enforce. started having bailiffs coming around again after…
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Help, I really don't know what to do!
Morning all, I'm posting here for some constructive advice as I really need some right now. I have an appointment with an advisor at CCCS to discuss an IVA a little later this morning and I'm doing all of my sums and figures at the moment. I'll get straight to the point. I've worked out that at present, with all of my…
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Court Citation for Repossesion when in Trust Deed/IVA
Hello, Hoping someone can help me out here. I entered into a Trust Deed (Scotland) back in October 2009. Think this is equivalent to the IVA in England. Anyway, the story goes like this.... I was able to keep my home when i entered this. However, I have since struggled to maintain the property. I had asked the lender…
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Should I help my brother avoid a DRO?
Hi Everyone, Would be hugely grateful if there is anybody out there who could give me some advice! My brother has credit card debts of about £12k. His credit rating is lousy so balance transfers/loans are out of the question, so he's now considering a Debt Relief Order (he seems to fulfil all the criteria). I've probably…
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Considering an IVA - Advice on Renting
I am considering an IVA with debts of c£28k. Once I've paid all my minimum payments, I have c£700 to live on - rent, food, living etc etc. I currently live in shared accommodation and really struggle to get by, often having to borrow from family so I have enough money to last me until the end of the month. I have plugged…
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Redundancy money while in an IVA????
Hello all. first things first - thank you so much for all the help, advice, wit and humour in light of most of our situations!!laughter is the best medicine!!keeps me going reading them!! OK, so I am 2 yrs into a 6yr IVA ( thanks NROCK ) - an I have been at threat of redundancy since June 2010!!anyway looks like there is…
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iva ex parners debt
hi i need advice. my ex parner who i split with 2yrs ago has got IVA. i have been threatened with a bailif for £5000 . when we were together she applied for a loan and they asked her for my name to be added as a guarentee so i did so as she promised i would never have to pay a thing. she got the loan and bought her nice…
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DRO with Baines and Ernst
Hi everyone, Posted this originally on another board but just found this one! I'm currently in the process of trying to get a DRO with Baines and Ernst. I've read some worrying things about them here on this site but I have to say that they have been really friendly. I was in floods of tears when I made that first phone…
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Creditors meeting today 11.30
I've worried on & off all weekend but feel strangely calm this morning, quite excited really. If all goes to plan we'll make our first payment today and be on our way to debt freedom :)
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Phone calls
Hi when you stop paying your credit cards normall how long is it before the phone calls start?. Never missed a payment before thanks.
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Payplan Options and Info meeting - self employed!
Please help! I'm sorting out my partners IVA through payplan. We have completed Step 3 and the proposal is for 22% of the debt. Problem: My partner has a very tiny amount of income from self employment, amounting to less than 30 quid a month. As a result of this, Payplan say we have to attend an Options and Info meeting at…
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Can you use online experian credit report for your DRO?
I've just filled out my DRO application form and am now applying for my Experian credit report. Does the OR require a hard copy of my credit report from Experian, or can I print out the online version and use that?
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Feeling very very down and worried
I have just been made redundant from my job, like millions of others out there. My problem is that I only have jobseekers allowance to look forward to and this has to go to food. My husband will try and pay the other bills. It's only his name on the mortgage. Stupidly, years ago, I got into a financial mess and had to take…
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Fourth year iva
My iva company has just informed me , that because i hve no equity in my house , they will have to extenend my iva after the five year period. But its not my Fault that they gambled on the market and failed . Also just over a year ago my fixed rate mortge finished , and my payments dropped by £600 , i rang up and offered…
