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IVA Failed - You Can Reaply?
Hi Newbie here. My IVA has failed due to me missing payments. I dont know what / if any my options now are. I was a few years into my arrangement when it failed. Can you reaply and start over or is my only way out bankruptcy? Any help would be great Thanks DBNO <3
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Iva and dla
Hi, my husband And I are in an Iva and recently my son has been awarded dla but I am the trustee who has to ensure its used appropriately for his needs. Can the Iva try taking this?
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PPI Claim as pat of completion of IVA
hi there, i need some advice if possible please. I am making my final IVA payment this week. I have spoken to my IP today and they are saying before they can issue my completion papers i have to process a claim for PPI with my Creditors. My understanding is that if the claim is successful i am entitled to keep the first…
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DRO finished, Companies still asking for money
As per title really..my DRO completely finished in Nov 11 but some companies are still writing to me asking for the money. When i say I dont owe it they are asking for proof of DRO, which Im not happy to do as it will cost me money to send and its not my problem that they havent updated their info. When i was in the CAB…
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DRO complete, what now?
Hello, my DRO moratorium period ended June 2011, is there anyway to start rebuilding my credit rating? Or is it too soon? Many Thanks
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Scottish trust deed question
I have a friend who is in a protected deed she owns her own home, but has moved out and is renting her home out to extended family. I think she's on thin ice - but she thinks everything is fine so long as it's all being paid. Is it ok - or is she on the verge of opening a whole can of worms for herself?
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Nearly at end of iva
:( Iva was due to finish this july2012 , but due to non equity in house has been extended to finish dec 2012 . This has been agreed with the creditors , and result of vote sent in post . To say its been hard is true , no one to blame but ourselves although you dont realise it until its all laid out in front of you . We…
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Considering a DRO but so confused help required please!!
Hi, My partner and I, are up to our necks in debt Things have finally come to a head and we have decided we cannot go on as we are. We seem to be eligible for a Debt Relief Order I rang CCCS this morning and told them I had done their debt remedy and a DRO was the outcome the advisor is sending out information in the post.…
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debt relief order and injury compensation payout
Hi all. thanks for the advice in advance. Im currently subject to a dro, it ends in july 10, not far off, thank god. I was in a car accident last year and had substantial injuries. I have appointed a solicitor to get me compensation, the case is due to go to court in the next month and when a settlement for my injuries is…
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Just had my DMP review and been advised to switch to an IVA
Hi there As above really ...... I've been on a dmp for 5 years now but still have £57k to pay off ..... which I will be paying until 2034!!!!! So they've suggested I go down the IVA route instead. Trouble is, my Mum and Dad are due to inherit a property, probably in the next 5 years and I would have loved to buy their…
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NEWBIE help - considering a DRO :(
I am new to the site and this is my first post, i have done a lot of reading and some really useful information I am considering going for a DRO, i have debts that are less than £15k and dont have much disposable income What i wanted to ask is that i am full time employed but work on commission with a basic pay, some…
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Reasonable expenditure?
Hi, getting things together for a DRO. Looking at the budget and wondered if the expenditure figures below seem reasonable for a single adult, no dependents (monthly). Rent £350 - includes utilities, TV, contents insurance Mobile phone £20 - pay as you go Public Transport £32 -no car Food and cleaning £160 Clothing and…
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iva ppi
Finished iva 2010 put claim in for ppi on 4loans in iva. Also had 3loans paid off before iva.What is the difference in the way they are payed out. thanks
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hardwoman
Finished iva 2010 put claim in for ppi on 4loans in iva. Also had 3loans paid off before iva.What is the difference in the way they are payed out. thanks
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New debt with Skillstrain/ CDF during DRO.
Hi There, I applied for a debt relief order 14 April 2011 and it is due to finish 14 APR 2012. In 2007 i took out a course with Skillstrain/Careers development finance totalling £3000. After seeing the company Skillstrain on watchdog i stopped paying them in 2008 as i was unhappy with the course materials and services. I…
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Volunteering overseas while under DRO
If I eventually apply for a DRO, I think it would be in September or October 2012. I should be able to pay my bills til then. In summer 2013 I'd like to start a European Voluntary Service placement, and I'm wondering if it would still be possible. With EVS you go to another European country for between 2 and 12 months, to…
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Named driver on car insurance
The budgeting guide on beatmydebt.com says car insurance is a permitted expense, but I don't understand how it works if the car belongs to someone else. My wife has a car and I don't, so I'd like to be a named driver on her insurance. She pays annually up front. If she pays the extra right now to have me added, can I pay…
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iva credit card Q< ( sorry if answered else where as new to board )
Due to a change in circumstances we have decided that we would be better freezing the interest and paying off the capital on our credit cards. I had been under the impression that banks would( subject to negotiation) agree this for a 3 to 6 month term, without having to default on the cards, like a break ...... I couldn't…
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New job in final month
What would happen if I sort out a DRO and stick it out for 11 months, but in the final month, I start a better paid job. The first time I'd get paid would be after the DRO discharge date, so would it make any difference?
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Sharing household bills in a Debt Relief Order
I have £14800 of unsecured debt, and I am thinking of applying for a DRO. At the moment I pay half the rent and other bills, but my income is quite a bit lower than my partner's. She makes just under £32k gross, but I only get £10k. Will I be able to keep on paying the same amounts? There is nothing extravagant, but I am…
