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IVA & DRO

Archives for April 2013

Has anyone ever got
A letter from a guy calling himself Roger Wallis who claims he can help you sort out any money you may be owed to help you clear you IVA quicker? I googled his name and he works for a company called ivalegalservice, does anyone know of this company?
I'm in an IVA and need to re-mortgage
I'm currently just coming up to a year on my IVA and got a letter saying my mortgage agreement is coming to an end do I 1, Lend more on my mortgage to clear my IVA if I can 2, Stay with my current provider 3, search for a new provider
Mortgage with my brother but I'm on an IVA
Hi, I was wondering if anyone could help me at all. I have a mortgage 50/50 with my brother. I got into financial troubles last year and went on to an IVA. I was told at the time it wouldn't affect my brother at all. Recently he applied for a loan and was turned down. They suggested its due to him having financial ties to…
IVA Breech
Hi there, I apologise for the long post to start with. But I am looking for help on a few questions that I have. To start a bit of back ground information, I a considerable amount of debt with 5 creditors, which total around £42,000. I started in a IVA back in July 2009, for which all my creditors where included. But i am…
new job
Hi all i was wondering if anyone could help me please. I am in my last year of my six year iva and i can finally see some light at the end of the tunnel :) My question is i have just landed a new job with a new company which im over the moon about too but it is for 7k a year more a year than i currently earn. This is great…
DRO and student account dilemma.
Okay so I was in a bit of debt and qualified for a DRO. I'm a full time university student and opened a Student Account with Natwest back in last September. My DRO was sent off around two months ago and a friend who is in the same position as me had received a letter stating they have changed her student account in a…
Full and Final IVA - what is it?
When I spoke to PayPlan about full and final payments, they mentioned a Full and Final IVA, what is this I have never heard of it before? Hs anyone here had one? XX
DRO application - favoured some creditors
Hi, I have another question about DRO. For a few years whilst I was employed I was on a debt management programme, but the minimum amount I paid out to creditors kept increasing til I could no longer afford it. Last year I moved house 3 times and my monthly outgoings varied each month (due to paying deposits and 1 months…
How long does an IVA follow you around??
Hello I had an IVA BETWEEN 2006 & 2011 which I successfully completed on time & without missing a payment :) My IVA was administered by Grant Thornton who apparently had a huge backlog & therefore the paperwork only went through the courts in Sep 2012. As soon as my IVA finished in Sept 2011 I applied for a Vanquis card to…
Business Bank Account Post IVA?
Hi all, I need help with a matter if possible. I took out an IVA a while back and in the time during this, due to unforeseen circumstances, i had to leave my PAYE job and become self employed as a sole trader. I have now fully paid of the IVA, have certificates to prove it. However, I cannot get a business bank account. I…
Ppi claim after iva
Hi, I was wondering if anyone has done this and can recommend a specialist company?? been told you need a specialist company to tackle this. IVA completed last September and I have the completion certificates.:) Thanks
Help IVA/DMP?
right I have got myself in a right mess I owe about 31k all unsecured, little or no equity in my house (only in my name) I have contacted stepchange who have suggested banktrupcy, but I am not sure what to do, I would lose my home :-( I want to pay but need to try and work out how I can sort this out, I do have another…
How soon can can a DRO be revoked
If I were dreaming... and have a family member help in paying my debts off, how soon could a debt relief order be revoked? Whats the procedure - do I phone the intermediary involved, I guess this won't be easy, it really is a desperate shot just for a job : ( UPDATE - The potential employer deems to late as to close to…
Shared Equity Mortgage - Post IVA
Hi, I completed my IVA 6 months early in Dec 2009, since then no debt issues what so ever. I have a mobile phone contract and a credit card which is paid off in full every month (this was done to help my credit history). Credit files were cleared up as soon as this finished and as far as I can see there are no issues…
Have DRO but check shows I owe nothing?
Well a dreaded call later and it turns out whilst the DRO does comes up but more alarmingly it also shows I don't owe anyone money? Is this normal? I mean the way the lady was talking like this was most un-usual and I don't know if I done the right thing but all I could do was send her a copy of the the IS paperwork - I…
DMP or IVA
after meeting with CAP last week they have suggested that with my disposable income of £300 ish pounds per month it will take nearly 8 years to pay off the debt with a DMP and that is if IF the creditors agree to freeze interest. Surley it would be better to go into an IVA??? if I understand correct it will take 5 years to…
Cant live with myself
I'm not a new user to these forums but have registered under a different name to stay anonymous as I'm after some help. I have been in an IVA for a couple of years now and its been going ok but about 18 months ago I received some money back from one of my creditors in the IVA, this was not a PPI refund but an overcharge, I…
completion certificate???????
Hi everyone Hope you are all well? Ok not been on hope much but when I have you have been really helpful. Last April, yes April 2012 I made my last IVA payment to DFD. I am still waiting on my completion certificate. I get the feeling this isn't unusual. Equity in finance are still dealing with my ppi claims and this is…
Lose House & Equity?
Hi there, I'm a few months into my 6 year IVA. 100% of my debts were UNSECURED - however have just received an RX1 Form which they've asked me to sign. My mortgage is split between me and my partner however I have a "limited equity share" meaning that at the moment I only have about £1.5k equity. My debts were at £46k -…
Loss of second job - cant afford to pay IVA
My partner is 2yrs into his IVA and currently pays £430pm however, he is about to have a drastic income drop of £600 a month from May and is currently sending in his annual review papers. What will happen if he now submits a form showing he hasn't enough to pay his bills - that's before any IVA payment is due? IVA with…

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IVA & DRO

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