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DMP to a full and final IVA settlement
I currently have a joint DMP with my husband that we started 18 months ago, we still owe £49,000. But there is a possibility we could get a lump sum and I have been advised that a full and final IVA is the way to go. However the lump sum could vary as its a share in a business I am selling to generate the income to be debt…
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Iva and debt
This is to ask anyone who can advise me of my situation as it currently stands. I was self-employed, own house reasonably successful small business. 5 Years ago I was taken seriously ill, during this period I was hospitalised for approx 3 Months, during which time my Mortgage fell into arrears, whilst other debts mounted…
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Iva
Is it possible to shorten a IVA, we are currently on a 5 yr IVA and just past the 12 months mark. Only another 47 payments to go. Any thoughts would be great. thanks
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DROs and statute barred debts
New guidance from the DRO Unit now in Intermediary Guidance Notes vs10:
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dro over, credit clean up question?
my partners dro ended in april. do we get or can we get some kind of discharge notice to send to experian / old creditors to clean the credit file? also does it cost?
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Complaint about Grant Thornton
Does anyone know who to complain to about Grant Thornton's lack of procedure? I completed all my IVA payments in October 2011 Called them to see what happens next. Wait 3-6 months for reports to come back from creditors. Called them this week as 6 months had passed with no contact. "Oh, the support team should have…
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IVA and selling my house
I am about to enter the final year of my IVA, and I want to know at what stage I can sell my house without losing the little equity tied up in it. Also, does anyone know what happens about my credit history? Does the IVA show up on there for seven years from the start, or seven years from completion? Will the creditors…
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iva and ppi
hi, i am asking for some further advice in regards to my mum. She is in a situation where she is approximately 20k negative equity on her house, she has a mortgage, she is on an IVA also, and also she owes money on payday loans. my mum can not afford to pay her bills and is recently behind on the council tax and is…
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Accessing money help please!!
Hi there everyone. We have just entered an IVA with the creditors meeting taking place yesterday. We have set up new bank accounts as suggested but weren't quick enough in moving last bit of remaining money over and now the online banking system won't let us. Any tips or have we basically lost that money now? Can't believe…
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DRO how to cope after?
I had a debt relief order in March 2011 and am now debt free, i have since obtained a credit report to look at how bad it is and to look at ways to make it better. Capital one credit card have still got an account active in my name and showing it as overdraw and no payments in last year, ive wrote and rang them but they…
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IVA - debt free direct
I havent posted on this board before about my IVA but im coming to the end of it (only 2 more payments to go) and wondered once I have finished what I need to do? How long does the completion certificate take to come through? What paperwork will I need to send to DFD to complete everything off? MY IVA for was 6 years and…
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Should he contact his creditors?? Help!
Hi, My husband has about £5500 of debt and has done the CCCS debt remedy and it has recommended a DRO which he wants to go ahead with. We've just made an appointment at a new bank for him to open a basic bank account and have ordered a copy of his credit report. He has 5 creditors and in the CCCS booklet it says to get…
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Full & Final Settlement - Update & Advice
Hello everyone. So a few of you knew that I was able to offer my creditors a F&F sum gifted from my mother to end my IVA... It's been a few months since I send the letter off to them, and last week I received my variation report which will be put forward to my creditors at the meeting. It seemed ok, lots of complicated…
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DRO & my mobile...
Hi all, firstly i appologise if this is posted in the wrong place, if it is id be grateful of any pointers to where it would be better suited! I have an iphone 4s on tmobile uk and have had it for about half of my 18 month contract. I am struggling with big debts and am looking at taking a Debt Relief Order (DRO) via CCCS.…
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Blair, Oliver and Scott http://static.moneysavingexpert.com/images/forum_smilies/angr
I am in the process of going into a DRO threw CCCS. I recieved all the info pack at the beginning of May and after spending weeks ringing company's (I have 33 different creditors) trying to get written proof of amounts owing I have them all bar one!! Blair, Oliver and Scott for a Halifax Credit Card!! I phoned them on the…
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Various IVA issues
Hi All, I have recently started in a IVA with Grant Thornton, while they where good in set up i have heard nothing from them since it was set up, now my issues. Within a month of startin i have had to move house, which is costin me extra £50.00 per month. shortly i will have a child at nursery @ extra £480.00 per month I…
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Annual income expenditure form question
I finished my last IVA payment in January after 5 and a half years. I still have not received my completion certificate, and today i received an annual income expenditure form by post. Do I need to fill this in? I thought i was finished.
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Recomendation IVA friendly mortgage broker / advisor?
Dear Forum; Has anyone recomendations for mortgage brokers who have a positive history with obtaining mortgages for people with IVAs? many thanks Cody
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How to get a mortgage post IVA
Hi all I entered into my IVA in Dec 2005 and received my Certificate of Completion in Feb 2011. Since then me and my wife have managed to scrape together £15000 as a deposit for a house by saving and PPI reclaiming. We have been renting for 7 years and a desperate to move and purchase our own home. She has never had a…
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bankruptcy
ihave had an IVA for 1 year but have now hit some debts which they wont include so will have to go bancrupt. What will b the fees for this