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Early completion of an IVA
Hi All, I am currently 18 months into an IVA and am about to receive an inheritance from the estate of my Grandfather, who passed away last July. The inheritance isn't large, and it only covers around 60% of the original debt that got me into the IVA in the first place, but a friend has suggested that I could offer a final…
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**Urgent** IVA help please!!
Hello all, i'm new here and i'm hoping you can help me I entered into an IVA last year, however now due to long term illness, there is a possibility I may not be able to continue with my payments as my current business cannot continue indefinite sick pay. I will then claim SSP instead. So my IVA is in jeopardy I need a…
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OLD IVA and credit ref files
I went into an IVA in Aug 2005 and completed it in 2007. In Aug 2011 I was successful in getting an off the shelf loan for a little car and paid it off no problem. Got a little credit card with a low limit that I pay off happily every month. Have monthly contract mobiles, virgin media, etc. Financially I am more than…
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DRO - Barclays Bank Account Question
Hi, I am trying to get some advice as reading through some forum posts here and other places there is conflicting information. I have recently had my DRO approved. I already had a basic Barclays Cash Card account with Debit card, is it true that your internet banking is withdrawn when you get a DRO? My reason for asking is…
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land register
I have just started an IVA and i have got a letter from the people who have arranged my IVA saying they need my signiture because they have to register my IVA with the land register is this common pratice with a IVA and why ? Also does this mean my morgage company will be informed that i have entered into a IVA ?
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Can I Avoid paying %bonus into my IVA
Hi guys I'm in my last 6 months of my 5year IVA. I know I have to declare bonuses , i have heard I can avoid this by having the bonus paid into investment saving accounts or pensions is this true? I will be receiving a % of my Annual income within a months pay. I have an option to put this into the companies bonus saver…
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IVA classes as gross misconduct
Hi I have been offered a new job and whilst going through the terms and conditions it states that gross misconduct includes: * becoming bankrupt or compounding with creditors I entered into an IVA in 2009 which would count as compounding with creditors and I think they will do a search on this. My question is, would they…
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IVA mis sold. Best route to go down..?
Helping a friend who currently has their head in the sand. Brief outline: What would the best route be to proceed with an IP company who ill advised an IVA as the best way to clear debt when someone has no assets at all? They were in their 20's, had close to £30,000 unsecurred debt on various CC's and loans etc, was living…
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Changing energy suppliers
Hi quick question. I'm on a DMP and my gas and electric deal is coming to an end just wondering can I change suppliers? I know they credit check!
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What happens at end of iva? i have 2 years left but am just wondering
Hi, I currently have two years left on IVA and just wondering what happens at end usually, with regards to the house that is owned by myself? There is no final settlement etc usually to pay or anything is there? Comments would be grateful, thanks
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Being discharged from a DRO. When?
I went with a DRO in 2009 after getting debt advice from the CAB. I've been reading this part of the forum and I'm seeing people talk about being discharged after 12 months. The debt advisor at the cab did mention all about being discharged but this was a long time ago so I don't really remember what he said. I've not been…
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Replacing a vehicle
Anyone have any experience of getting a new vehicle during an IVA? By new I do mean an old old second hand car not a shiny new one fresh off the garage forecourt! Hubby's car needs some serious work done which we don't think is economically sound, he travels 26 miles a day for work plus extra for work related trips so…
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IVA with RBS One Account
Hi, I am hoping someone can answer my question on here before I have to ring rbs... I have been in touch with payplan to try and get in control of my debts and I told the lovely man that I am interested in going into an iva because I like the idea of being debt free at the end of a certain time... I am also quite aware of…
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Nearing completion of IVA and now PPI claims
We are very nearly at the end of our IVA (last payment end of June). Last year, in September, we were contacted by EIC on behalf of Grant Thornton and told we needed to complete paperwork to do the claims. If the claims were successful, we'd probably be able to finish up our IVA early, as the PPI received, would go into…
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DRO after moving to Scotland
The DRO rules say anyone who has lived in England in the last 3 years is still eligible. Does that apply to Scotland too? I know Scottish law has other solutions like LILA, but that costs more and seems less certain.
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IVA Worries??
Hi All.. Went to Citizens Advice about my debts and although they briefly discussed my options i.e DMP, BR and IVA... they seemed keen on the latter and even put me in touch with a reputable company. When he rang the company whilst I was still in the room, he openly chatted with the 'local rep' as though it was his long…
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I can't find the link
I'm sure there used to be a 'sticky' on this board on what to do when your finish your IVA when wishing to check and clear up your credit history etc..could somebody point me in the right direction please?
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Iva and moving house
I have just moved in with my boyfriend, (renting) and forwarded my new i&e form onto via company. Was having a read on here and worried that they are going to ask for my boyfriends wage slips. (He doesn't know much about my iva) What's the chances they would want his details?
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Thinking of an IVA husband newly self employed
Hi I am really new to this, my question is how would an IVA work when husband has only just started being self employed? any advice etc would be great.
