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matured savings policy
Hi all I am 3 years into an iva, last week I receaved a cheque for £5,000 from a matured savings policy that I forgot all about. the policy was taken out about 12-13 years ago for my daughter when she reached 16. when I took the policy out the guy advised it should be in my name as no one knows how their child would turn…
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Anyone with IVA knowledge
can someone please help? I cant think straight I have so many questions going round in my head and dont know what to do for the best. I am in a DMP that is going to take about 25 years to pay off. I have been in it for 2 years and for one reason or another my payments have had to go down and my years have gone up. On a…
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Orange/Lowell
Apologies in advance if this has been asked before but i can't find it. Orange was included in my DRO & now Lowell are chasing me for a debt from Orange, that they say was from the Orange contract after the DRO. I was under the impression that the contract was cancelled by the DRO. Am I wrong? I'm sure I was cut off &…
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How do you get started after IVA is finished
By the title I mean. I have nothing and by no life I mean, I moved to mu current location with my mother when I was 16 due to the location I never had much of a social life and until I could drive was restricted to a train which only allowed me around 2 hours to see my friends and 40 minutes of that time was walking to and…
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How much damage is done??
I have spoken to a lovely gent from CAP and they have suggest 2 options for my debts. After looking at my SOA and making a few tweaks here and there they have decided that I can either 1.pay it off little by little which by their calculations will take me around 7 years or 2. Apply for. DRO and as I have no assets or car…
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Would a IVA be the right choice for me?
I'm currently on a DMP, never missed a payment and things are going quite well, all apart from 1 creditor froze interest etc. I was now told that an IVA would be good for me and at first I accepted as in 5 years time I would be debt free... I have all the forms at home to sign but I decided to have a look online and I am…
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Single IVA when married
Hi Wondering if anyone can help! My husband has about £30k of debt and thinking about an iva/dmp which I think would be a great help to him. I manage fine with my money and debt and don't want an iva/dmp (and can't due to my job). We share the joint expenses 50/50. Does anyone know how it would work for him and what info…
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Ppi claim when paying Iva
Hi. I have been offered ppi back but I have 1 more payment to go in my Iva which I have been paying for the last 3 years. I have 28days to sign and return. That would take me to the 5th febuary. Will I get the money if I wait or will my trustee take it all??
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variation meeting
Hi, i posted on here about a month ago since i took out some additional credit whilst in my iva. I have since told my IP and there is now a variation meeting set up for early Feb. To clear my additional debt we are proposing a 3 month payment break and then extending the agreement. the letter that i have recieved gives my…
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IVA to DRO, Has anyone done it?Hello,
Hello, I'm not sure if this has been asked already, apologies if it has. I am wondering if anyone has ever failed their iva and successfully applied for a dro? I have been in my iva since July 2011, my original debt was for 14800. I made my last payment in August, I had a 3 month break and failed to make December's…
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Claiming ppi when in a Iva
I have received a offer for ppi but I only have 1 more payment to be made to the Iva. My payment comes out on the 19th and the will b the final payment to a 3 year plan. I have 28 days to send the letter back which would b the 5th February and was thinking of holding of until then. Do u think I will be able to keep the…
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Dmp
Hi All Im after a bit of advice. I have just come through a divorce and didnt do well. I have £20000 of un-secured debt and i cannot afford to repay it as well as have a normal life. Im not a homeowner and have no assests. I also now pay maintenance for my two kids. The debt are two loans, credit card, overdraft and my…
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Iva query
Hi all I was wondering if anyone could help me. I've been under an IVA since November 2012. Last month I was successful in winning my PPI claim that I made against some of the creditors that I'm in the process of paying back. This amounted to just under 4k. I was so happy and thought this could really help towards paying…
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Removed from Insolvency Register?????
I just did a check on the insolvency register and noticed my IVA which was there a few months ago is now gone. I made 1 payment to the IVA but couldn't afford to keep up repayments with a divorce and lots of stuff going on so stopped. So does that mean they removed me from the register because it failed? I assume I'd stay…
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first post ever help on dilemma re debt management
Please can anyone help me. I am on a debt management plan and have £5k approximately to pay. I hopefully will be in a position to clear this, but this is the dilemma, do I let them negotiate on my behalf and potentially get up to 70% reduction which reduces debt to £1500 what are the consequences of this please does anyone…
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opus Mastercard on crdit file clean
There is an OPUS MASTERCARD shown on my credit file as still not settled. Ive been using the link below but cant seem to find who to send my credit file clean up letter to. http://www.ico.gov.uk/for_the_public/topic_specific_guides/credit.aspx Could anyone help please?
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Debt Relief Order - Help
Good Morning, Myself and Wife are trying to help sort out my mums finances after recenetly finding out she has quite a few debts and has been having an affect on her mental health. We have obtained her credit report (£2 satutory) and have a few questions (1) She has a debt of £3000 with eon for previous gas usage via a non…
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credit file clean up
Just about to clean up my credit file after a DRO. At least 7 of the creditors are still showing I owe money and are not showing settled or satisfied. Should they show settles etc from the date of the DRO or one year later when I completed it?
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Iva queries
Hi I hope someone can help. My husband and I are both in IVA's and have been for around 18 months. We have always felt that we rushed into this decision as we were so desperate and that BR was probably the best option. I have a few queries. We have a joint loan that is listed in both our IVA's. so therefore the total of…
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Stepchange IVA first annual review
We will shortly be having our first IVA annual review with Stepchange. I'm anticipating it will be straightforward and not much has changed. Has anyone been through an IVA annual review with Stepchange? What documents do I need to provide? Thanks.
