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IVA & DRO

Archives for June 2012

Post IVA credit clean up question
Hi all, I finished my IVA in December 2011, and since then have been on the long and arduous journey of cleaning up my credit file. I have sorted all but 2 accounts, both with NatWest. The default date was 7 months after the commencement of the IVA, and so the defaults will show after everything else drops off in December.…
Iva not paid in a year
My partner has not paid her iva in a year. It was moved over from Blair endersby to grant Thornton last April and we have had no communication from them and we haven't paid as we had to move accounts to a new bank due to fraud. We are worried now we could lose our home, in negative equity as they make her bankrupt. We have…
Going IVA, Mortgage, and Car
Hi everyone, I am hoping you can share your views and experiences with me which hopefully in turn will help me settle my nerves. I am considering taking IVA over 30k debt but concerned can be asked to sell house or car. Car is coming to 12years old Yreg and with house had the mortgage in 2010 for 113k and still over the 2…
Can credit history be changed?
Hi everyone, I don't know if this is posted in the correct place but here goes: Without going into all the details, I was the victim of fraud, perpetrated by a lifelong "friend". Even though I have always handled money well, I was plunged into lots of debt and eventually had to get a debt relief order. The friend was taken…
DRO and being taken to court
Hope someone here can help me. I have sent off all my paper work to cccs, they have sent me a letter today to say i need to send them a copy of my credit report from experian (I sent them a print off that i done myself) Any way today i have a letter from northampton court for my next directory debt of £500 and i dont know…
Credit card ppi - advice
Hi Thanks to this site I have successfully claimed and won on a previous loan. I am now wondering if I could put in a claim for my credit card and would appreciate any advice. My main reason for mis sell would be that when I took out the card I was a full time student at university. This card was taken out in branch and I…
IVA Voluntary reposession & secured loan
Hi there looking for some advicw who may have had a similar situation I owe 88000 on mortgage House is worth about 101000 I have a secured loan with first plus for 43000 unsecured loans for approx 9000 I have been give advice that if Ii volunteer for house for repossession(really not bothered Its got too many bad memories…
Debt Relief Order
Hi Everyone, I'm new to this site and i am looking for some advice. I took the step of speaking to CCCS today about debts from when i was younger, with my income and outgoings they have advised me the best option is a Debt Relief Order. I was just wondering has anyone done one of these and if so can you advise me on the…
Advice for Newbie on DRO
Hi all, new here so go easy.... :tongue: ......so long story short, after lots of researching it looks like a DRO is the best choice for us, but I just have a couple of queries for you experts before I pick up the phone to debtline...... ....most of the debt is in my name, or joint names, BUT, one sizeable debt, 4K-ish, is…
Credit cleanup after DRO
My DRO recently came to an end and I'm preparing to write to creditors to try and clean up my credit report a little, but for 3/5 creditors I have no account numbers / reference numbers or anything of that sort. Will there be a reference number on my credit reports when I get them, or can I just put my name and "any debts…
Worried and new to all this
Hello, Last week I decided to take action about our debts, unfortunatly life events have hit us hard the past 5 years and has seen us struggiling hence debts have built up. All £35,000 of it im ashamed to say.:o We have been to a free advice service reccomended here and we are having a detailed phonecall meeting next week…
Problems getting a Business Bank account while in IVA
Firstly sorry if this has been covered, I had a look but I couldn't see anything on it. I am currently 2 and half years into a 5 year IVA my problem is I have been self employed for over a year now and money has been going into paypal then I would transfer that to my bank account, and only recently have I realised that I…
IVA Done now PPI
I have now completed my IVA and have got my certificate of completion, I am now trying to get my PPI back and know that I took it out with egg as was told "If you don’t take the PPI on that amount you might not get the loan", I have been in touch with egg and sent them the letter on here for the agreement to be sent…
DRO and car on finance from carcraft
I am trying to help or understand a friends situation. She broke down in work today about her financial situation. Basically she says she owes 14,500. She says about 2,000 is a credit card and a cataologue 500 and electricity and gas about 250 the rest 11,750 is car finance with carcraft. The car is worth about 2000 yep i…
plc
hi all can i set up a public limited company whilst on an iva ?
Frustration
Hello all, I'm currently claiming back PPI from the HFC Bank using a company, I have been offered an amount but the letter states that HFC will keep it to pay arrears, the loan originally was passed to a debt collection agency and was part of an IVA that ended two years ago. I have all the necessary paperwork saying I…
DRO Wrong Balance Advice Required Please!!
Hi, I was accepted for my debt relief order this week, before it was submitted on the day I rang creditors and got up to date balances, these were submitted. My DRO was granted the next day, this morning I received a statement from one of my creditors and it seems the day I rang up for the balances that evening they…
Cannot have DRO Because i sold Mobile On Contract
Hi Can some one help please The story is i lost my job and had just got a iphone contract i rung the provider up a nd tried to return the iphone as i lost my job and couldnt afford to pay for it and they refused. We got further and further into debt so i sold my iphone that was in a contract to pay some of the debts off…
IVA Payoff Help.
Hi all, I have posted this in the wrong part of the forum I think, been sent the link to this part to re-post. I have been in my IVA for a little bit now and it has been a massive help to me. I have contacted payplan today in regards to a possible early payment settlement, payplan have said that they cannot guide me on…
change in circumstance on iva
hi i am now coming up to end of year 2 of 6 year iva, time for annual review . i have put in a change of circumstance as looking at moving in with fiance , which will reduce payments from £365 to £250 a month . has anyone had a similar change ? and were you succsesful in reducing payments if so did they add any extra…

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IVA & DRO

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