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dischared from iva but trustee still claim my ppi refund
iva discharge and trust still want my ppi refunds hi,looking for some guidance on ppi refund after been discharged from it last october.I checked my paperwork and it says nothing about claiming money from me after been discharged the trustee has now sent letters to my creditors saying all money goes to my trustee is there…
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IP wants to increase monthly sum by £265.00 & there's no way I can afford this.
Hi,I'm newbie so sorry if I waffle on a bit trying to get to the point. I took out an IVA (am in Scotland so it is called a trust deed).one year ago this month.They have just done a yearly review on me,I have been paying £150 per. month towards my original debt which was £14000.This was all I could afford at the start &…
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PPI claim after IVA
Hi I'm new to the forum and I hope I'm posting this to the right forum, but can someone help? I completed an IVA almost 2 years ago but during the course of the IVA I tried to claim PPI back from the Halifax. I received a letter from them saying they agreed they owed me £5,300 but would deduct it from my IVA. However, they…
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Mortgage after IVA
Hi all, I would very much appreciate some advice please. I am about 16 months into my IVA and I have got to thinking that I need to start to plan for my future. I am living in rented accommodation at the moment and I want to think of my future and use my IVA (and the lessons I have learned from it!) in a positive way. I…
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Do I get to keep the interest on PPI
I have nearly completed an IVA. I spoke to my IP yesterday and she said they had claimed almost £19k in PPI. She mentioned that I would get 8% tax back on this. I don't really understand what she meant. Will I personally receive 8% of £19k? Or does this go to the IVA as well? Thanks
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IVA Worry Huge Problem
Hello I am new to this forum. Myself and my husband entered an IVA at the start of this year after struggling with unsecured debts for over 10 years. The situation had got so bad we were using credit cards to feed our family and two small children. My husband had a huge wage cut £3,500 per year a couple of months ago which…
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Completed IVA & PPI
I know this area is not clear, and hoped that someone might be able to let me know what I should be looking for in my IVA arrangement taken out in 2009. All it says regarding assets, is that I confirm I have no other assets other than those listed,(I was not aware of the PPI back then) and that there are no other assets…
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DRO and PPI
I took out a DRO in 2009 and it was accepted. I used my DRO to deal with a loan I had with a bank and it was my primary reason for the DRO. It was accepted by the bank in 2009. I was since written to a number of times this year, by the same bank asking me to make claims for PPI. Eventually I made the claim, it wasn't…
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Receiving monies from crash whilst on an iva
A relative has asked me what happens to the IVA when receiving cash from both the cost to replace motorbike and then cash from injuries sustained. Basically 3 years into a 5 year plan with some kind of year extension The insurance company has paid out 3K for bike replacement and the injury claim still ongoing The injuries…
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Starting again post DRO
I still have a few months before I'm discharged from my DRO but I'd like to plan for the future. Can anyone tell me how I can go about improving my credit rating once I am discharged? I know it stays on my file for 6 years but is there anything that can be done soon after? Thanks in advance :o
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IVA Worry Huge Problem
Hello I am new to this forum. Myself and my husband entered an IVA at the start of this year after struggling with unsecured debts for over 10 years. The situation had got so bad we were using credit cards to feed our family and two small children. My husband had a huge wage cut £3,500 per year a couple of months ago which…
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Keeping some of a PPI Claim
Hi all, I have a bit of a bee in my bonnet about this at the minute and just wanted your opinions whilst I consider whether to raise the issue again with my IP or just let it go. After a meeting with my ex bank manager regarding an unrelated matter he put in motion the account details to reclaim the PPI on the know…
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IVA completed on F&F - our story
Hi guys, No posted on here for a while but wanted to share our experience with our IVA. We originally took out our IVA in April 2010 where we owed 48k between the 2 of us. We contacted the CCCS who suggested the IVA, had a creditors meeting and then the IVA was accepted! :j We were paying £231 per month back and everything…
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In an I.V.A. but need some cash fast
Hi, I have been in an I.V.A. now for 18 months and not missed any payments. I need some cash for a new boiler and a couple of other small jobs. Is it possible to get finance from anywhere wether it be secured or unsecured as I have about £60,000 of equity in the house. Would it be better asking my present mortgage provider…
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Debt Relief Order Help
Hi all I recently yesterday had an appointment with Step Change and they are sending me out the necessary paperwork to file for a Debt Relief Order one for me and one for my partner. The problem I have is the wages, I gave them a rough estimate as I've never done this before and didn't know how accurate it needs to be,…
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iva and partners credit
My sons girlfriend is thinking of entering into an iva how woul this affect my sons ability to obtain credit,they have no joint debt and would she have to inform anyone.:)
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Dro Question
Hi all, my DRO got sent off Tuesday, how will I find out if it has been approved or not??? With step change (dealing with my debt) inform me or will I get a letter or email or something??
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IVA - moneyplus father in laws debt and death - please help!!!!!
Help!! father in law rang today and advised me he was entering in to an IVA with moneyplus.com - he has seen a local rep and was advised to take out an IVA ; i have some issues - please could someone advise me about a few things. So you know: father in law is 75 - health is ok - but he in convinced he is very ill - im not…
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IVA Final settlement questions
Hi guys, newbie to the site! I am 10 months into an IVA with PayPlan. My agreement was for £14400 (60 months at £240). I am potentially facing redundancy and as such a family member has offered to clear my debt. With a final settlement, do I just owe £14400 less the £2400 I have paid off? or do the creditors want interest…
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What happens when I breach my IVA?
I'm 2 and a half years into my IVA with no problems. I recently took out a Payday Loan for £250 (stupidly I know but I needed some extra cash), and in order to pay it back I spoke to my IP to see if they could let me off with a months payment and I would increase my next 6 payments accordingley to make up the shortfall.…
