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Mortgage offers on an iva?
Hi can anyone help me please? Year 2 just completed on our iva:j only another 4 to go :( , however our mortgage deal with the Halifax has recently come to an end they've automatically swapped us and increased their base rate (as you all know) RESULTING IN THEM WANTING ANOTHER £230 A MONTH??? They say that there are no…
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IVA & saving.
Hi, we did a Full & Final IVA in 2011 with help from my parents( still repaying them it's been hard going at times). I've been given a little bit of cash for Christmas - Mum & Dad again! I want to save a bit of it. has anyone been in or finished a IVA & managed to open a saving account with Virgin? they've got a good…
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Year 4 end.
May I ask a question - In the beginning of the IVA a monthly figure is accepted - say £400 - several years into the process due to rising cost of running a home that monthly figure is agreed at yearly review and reduced to say £350 therefore, in theory each month £50 less is paid than originally agreed. As the original…
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IVA alert on Credit File
I finished my IVA in Sept 2012 (no completion cert yet) I joined Experian to see how things looked etc. My IVA wasnt showing. I had an email today from experian to say an update had been made on my credit file. My IVA has been added! It shows the start date of Sept 2007. Why added now? Will it come off in Sept 13 or 6…
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DRO and First Direct current account
Hi, Apologies if this has already been answered elsewhere. My husband has been advised by Step Change to go for a DRO. he opened up a current account in his name in October of last year because we suspected I was going bankrupt and knew our joint account with First Direct would not be allowed. Does anyone have any…
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adding on another debt
Just in the process of starting an IVA i have sent all paperwork off ect but its not finalised yet i believe they are waiting to get balances back from all my creditors but i have been really stupid i took out a payday loan over the christmas period and not delcared it for my IVA . I was sure that i would beable to pay…
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Is a wedding ring classed as an asset?
Hi, can anyone tell me if your wedding ring would be classed as an asset when applying for a DRO?
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The 50% Rule?
What is the 50% rule and how does it work?
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can I change phone provider ?
My OH is in an IVA and my carers allowance is taken into account. None of the debts are in my name although there is a joint account overdraft that i am liable for.We are paying a small amount each month off the overdraft.Anyway I want to change our telephone and broadband from Virgin to plusnet as it is cheaper.Am I…
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Letter to creditors
Hi I am just at the very beginning of starting a DRO with Step Change and need to write to my creditors for an up to date statement of each debt I owe and to hold action on my debts until this is sorted. However I can not find a sample letter to send, can anyone help me with one? It would be very much appreciated. Thanks…
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IVA & Carers Allowance
Hi all Having recently been awarded carers allowance, i asked my friend who also gets it & has finished her IVA in the last 6 months, whether i had to inform the IVA company. She told me that i was supposed to but that she never had! she said that IVA companies have no way of checked whether you get CA & therefore i may…
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Iva bank help!!
Hi I have just started the early stages of IVA, I was sorting out a new bank account. My propsal has been sent out to creditorsm one of which is hsbc i then got my new bank account and went to transfer money and hsbc said my account has a marker on it because of iva this was friday night 7pm - so i have no money Will the…
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thriving on an IVA budget
hi people I wondered if anyone would be interested in joining a thread/discussion about how we are managing in our IVA (and thus restricted) budgets? I've made a number of changes over the last 2 years and am now half way through my IVA. There are still many months to go, and I spent some time last year feeling really down…
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IVAs & PPI Claims
Hi There does seem to be a lot of posts and a fair bit of confusion around on the subject of PPI claims when in an IVA. Do people 'have' to use a claims company that can take a large chunk in commission etc (some known to be around the 30% mark) or can they do it themselves? How taking 30% of any PPI claim (or whatever the…
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Debt Arrangement Scheme Scotland
Hi, I'm just looking for some information about a DAS ? I recently found out my husband had racked up £24500 across 2 overdrafts (that was some conversation). I've since let my husband move back in and we are looking at how to pay everything off. There is 52k in debt of total going across loans, car, credit cards and the…
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DRO, Which Benefits to include?
Hi Everyone Just working out the finances because we think a DRO is the correct way to go for my wife. At the moment we both have benefit only incomes (due to my wifes disability). What i want to know is, which benefits she should include as her income from the list below? Housing + Council Tax Benefit = Im the main…
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Debt relief advice please
Hello I am surprised to be here again ! Finally divorced ex and had rough couple of years with my own illness ,my mums and my daughters , one autistic and one having heart investigations for a year. I am and was a self employed taxi driver , not earning much and awaiting a carers allowance claim. getting remarried to a…
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Should I ?
Nat West joint account over draft is part of a joint IVA going to creditors meeting 21st Jan. The account hasn't been used since November just Nat West charges piling up and over the limit. Benefit of said account is mobile phone cover, said mobile has just been damaged. Do I try and claim the account's insurance?! :rotfl:
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DRO advice
Please can anyone advise, I was granted a DRO back in 2009 (approx) all of the Debts were quashed namely Hutchinson Telecom and Natwest. I recently applied for a credit report and these above companies still remain on my file as default (will they eventually be removed or are they there to stay? secondly; can I apply to…
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Statutory Demand
Hello! I've just been issued with a statutory demand! I contacted the CAB like it said on the form but they where little help, they just made me run through my incomings and outgoings when all I really want is some advice on how to set it aside. Has anyone had a similar experience or can give any advice?
