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IVA & DRO

Archives for April 2012

PPI reclaim offer post Protected Trust Deed - remaining debt restructure?
Hi, first post on this forum, just wanted to say thank you so much for the guidelines and templates on this forum. I would never have claimed without these. I have received my first offer from FirstPlus and would like some advice please? The complaint has been upheld and the refund of premium is £12,729.53 plus interest of…
Help...Sudden charges IVA company never mentioned! No I have to pay up!
Hi, this is my first post :) sorry if it's a bit long! Wondered if anybody has gone through anything similar and if you would have any advice since I am at the end of my tether! I had an IVA in 2005 which I managed to pay off all my creditors through last May (2011). Now I have a debt collection company chasing me for…
iva F & F Settlement
Hi all, This is my first thread on this subject. Myself & my wife have been in an iva for past 3yrs, we have the opportunity to make a F&F. :j Have been looking through loads of posts for advice now have an idea what to offer and how to go about it.:eek: We may have some equity in our property but not sure. Having read on…
Bank account
Hi all, As from Feb i finished my IVA and just had a couple of months enjoying the fact that i have money to spend again but it's now time to start saving. With not having a bank savings account i was wondering if anybody could advise me on a savings account that would be best for somebody just finished there IVA. My IVA…
Iva help!
Any help appreciated....i began an iva last year for debt's that accumulated to approx £22,000.00, i decided that after having my house repossesed that i would allow the iva to fail and file for bankruptcy because i assumed the house would be sold by the solicitor's for a fraction of its value. Surprisingly ive received a…
Lloyds TSB New mortgage application after IVA
Last year I completed a 5 year IVA. The IVA has now been removed from the Credit Agencies earlier this year. I now have clean credit files at all three credit agencies. I am thinking about applying for a mortgage with Lloyds TSB as a first time buyer. However I did have a loan and credit card with Halifax, who subsequently…
Renting a house with IVA?
Hiya guys just doing some research as my fiance and I have split up. No one has done anything wrong, no one has fallen out & we're still on good terms (which is a good thing as we're still living together til we can get things sorted out).. Now she's an Ofsted registered childminder so is looking to find her own place. The…
IVA Help
Hi, I am new to here and wondered if anyone can help! Last year I failed on my IVA, I was on maternity leave and was due to return back to work. I asked my IVA company if they could give me a couple of months grace in order to pay nursery fees and travel costs etc, but after having missed a couple of other payments they…
Struggling with IVA
Hello, after making a huge loss on selling out house we ended up in massive debt, couldnt make repayments, took loans to help etc in the hope it would get better. It didnt, we ended up getting advice to take on an IVA - which we have done for a year now paying back £425 a month - just about coverable with all other cost,…
Credit Card Settlement
Hi, Hope I'm posting in the right place... I've just posted on the credit card forums but then spotted this one and thought it might be more appropriate. I'm in the process of sorting out my Dad's estate (currently going through probate) and he has left a number of credit card debts for which there isn't enough cash to pay…
IVA and the effect on home, car, business insurances
We had the chance to do an IVA to clear our debt with payplan , but after hearing that an IVA can effect insurances we dicided not to go ahead with it , it would have been a good IVA too , but we don't want insurance companied ripping us off because of and IVA. Has anyone had any experience with and is it very common for…
Queries re DRO
Hi there. I have just started a self managed DMP but have made an appointment with CAB to discuss other options - mainly because a DRO has been mentioned to me. I have a few queries that I know the CAB will be able to answer but I am impatient and want to know before my appointment next week :) 1. I have an FLM loan,…
Creditors Meeting Tomorrow
Dear Forum; A limbo state of being, creditors meeting for a lump sum tomorrow. This time tomorrow I might be debt free for first time since I was 19 (18 yearrs ago. This time tomorrow credit will no longer be an option to buy anything for me. Already getting used to life buying things only if I have the money in my pocket,…
Trust funds for the elderly
has anyone any experience with using a trust fund to protect someones home from being used for care home fees?
Advice on Scottish Trust Deed From The Year 2000, (Missed Payments)?
A friend of mine is unsure where they stand on the trust deed they had, and wonder if i could get some advice on their situation. The total debt was approx £6000 made up from 3 creditors. The agreement in the year 2000 was that they would pay £100 per month and be debt free in 3 years. Only two monthly payments of £100…
Debtmatters and IVA's
Please help, Back in 2006 I entered into an IVA with the company debt matters. For three months I was a client of there's. It was agreed that I was going to pay £300 a month to the company for five years and then I would be debt free. Unfortunately three months into the agreement my income changed and I was no longer in a…
Post IVA and PPI
Hi All, I know this question has probably been asked a lot on here, but will ask anyway. I completed my IVA a few months early in Dec 2009. I had loan and credit cards most of which had PPI. With loans the PPI was added to the total amount I owed, obviously I defaulted on these, but some payments were made (I have no idea…
Claims broker??
I paid my last instalment on my IVA in Aug 2011 & have not received my completition certificate yet. However this morning ive had a letter from my IP (grant Thornton) asking me to sign a form to enable a company called Claims Broker to "make every effort to seek any recovery of assets that may be due to me or my IVA". From…
Settlement Offers
Hi I was hoping someone could help me out with the following, I have been given some money from a family member to clear my debt. I have been given £8,000. My debts are as follows: 1 cc: £1771 2 cc: £3677 3 cc: £1302 4 cc: £2839 5 cc: £2386 6 pl: £2189 7 pl: £4466 I plan to offer the following: 1 £760 2 £1575 3 £559 4…
kids banks
I have a bank account with barclays forone of my kids. I owe barclays money as part of the iva settlement. If I paid money into that account for the kids...is it safe or could they empty it to offset my debts as I hear happens if you leave any money in your own account? I cannot open a new kids account anywhere as they do…

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