-
DRO application help please
Would very much appreciate some help applying for my DRO. I am not working but my husband is. I am a fulltime mum/housewife. I have all the WTC and CTC and CB come into my account as housekeeping. My husband sometimes needs a bit of it as his earnings are low. It so hard filling in all the forms knowing how much to put…
-
'IVA Checkline' Spam letter?
I've heard all sorts of warnings about these 'mail-outs' from various sources advising to steer well-clear, which I fully intend to do for my own peace of mind. Today, a year into my IVA, I've received a letter from IVA checkline But I just wondered, has anyone had any (even slightly) positive experiences regarding these…
-
DRO and car
I am going to apply for a DRO soonish, but my car is holding me back. The book price is said to be £1200 for a poor condition which mine is very much so. It is only 8 years old but done 150K miles and needs a lot of work to get it through the next MOT. Someone said I need to get a garage to write a list of all the jobs…
-
Can road traffic contravention be included in a DRO?
Can I include a £457 road traffic contravention in my DRO? The bailiffs are getting heavy with me:(
-
Dro and getting a pt job.
Hi, and thanks for reading..... I was accepted for a dro last May and have not been in work as I took extended unpaid maternity leave from my job. I'm not returning to my old job as we have since moved and looking to find a part time job around 10 hours or so.... I'm not on any benefits or receive any tax credits or child…
-
IVA advice please
Morning Im after some advice for my partner regarding their IVA please . The IVA was started in feb 2011 and was originally for £130pm and was advised was over a 3 year period and included their mortgage and secured loan as well. With little or no financial knowledge they accepted this and along with 3 credit card debts…
-
Bankrupt twice now DRO
A friend of mine has been bankrupt twice, first in 1996 and then again in 2006. She is now looking at doing a DRO as she has got herself into trouble again. Does anyone know if there are going to be any more restrictions put on her? Or even if she will be allowed to do one. I really thought she would have learned from the…
-
Dro
I have applied for a DRO today and I am really worried about the water debt. My partner pays the rent and other bills and I pay the water and electric and gas and we split the shopping. He hasn't been living with me for all of the debt and was wondering if any one had any experience as to whether they would pursue him for…
-
Will IVA end once original amount paid?
I am currently 2 and half years into an IVA. It started off as a 5 year agreement to repay 12,600 at 210 pcm for 60 months. After my first review my payments increased to 236 pcm and after my second review I am now paying 379 pcm. I also successfully reclaimed some PPI which also went to my IVA. My question is will my IVA…
-
IVA help
Hi, My Mum has 3 years left on her IVA and has now come to the decision that she is going to retire from work within the next few months. She's been onto her council as she rents from them and we've done the online calculator for her which has come back saying she will qualify for full housing & council tax benefit because…
-
Lease extention or Reposession / Bankrupt
Hello.. I am not sure what to do and really need help ? I sold everything I owned and paid off all my debts but it left me with a flat, which I have had for 10 years rented out, it never made any money and I let the lease go past 50yrs .. !!!!!! I have 49 yrs left on lease, 73K owed to mortgage and it is on the market at…
-
Can home capital prevent an IVA being agreed
I am looking into IVA's. I have read conflicting advice - but some say that creditors can refuse an IVA based on the capital in the home? Can they force you to give the house up instead? Total debt = £40,000 - capital in house is around £20,000 I've also read that credit card companies can put a charge on property. Can…
-
Missed payments on an account in a DRO
Hi I haven't been able to find any information on this around here but I have included my overdraft for my Barclays account however checking onto experian it says that I now have a missed payment for that particular account....Is that how it generally works? This means that in a few months if that continues it will be…
-
Dfd rip-off
in 2010 I found myself in a position where I no longer could cover all my credit card payments, after my bank charged £147 & subsequently several £79 charges for my exceeding my overdraft by less than £100. After not paying some of my credit cards debts, the endless and persistant phone calls started, which were constant…
-
IVA completed in 2012 but debt sold to Lowell Finance last week
Hello Forumites, I completed my IVA in 2012 and all defaults were removed from my credit files in 2013. Amongst my previous debts was a £25,000 debt to HFC Bank Ltd (made up of £15,000 debt and £10,000 insurance).I received my IVA certificate of completion from the High Courts. 2 weeks ago I got an alert that a search was…
-
Into Yr 4 of IVA - try and keep it or go bankrupt?
I am just commencing Year 4 of my IVA but continuing falls in my income and unpredictability of securing fee paying work (I am self employed) have been putting me and my financial situation under huge pressure...to the point where I am seriously considering bankruptcy. With just under 2 years to go and 3 years til my…
