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IVA & DRO

Archives for February 2015

Aktiv Kapital defaulting my credit score even though debt has been written off
Hi, I have tried to search for a similar thread but cannot find one so apologies if this has been repeated. In 2010 I was in some financial trouble (the usual story of splitting from a partner, having to sell the house etc etc). My debts added up to no more than 14k, I was not working and had no way to pay the debts off.…
IVA help please
Hi would really appreciate some help/advice . My partner is in year 4 of IVA but has been in breach after only paying for the first year. His original payment was £139pm which was in increased to near on £300+ with no c.o.s ,so not his best idea he stopped paying . In the last two years the iva company have done several…
NTF not reading my letters!
Hi I lost my job last October and notified NTF who deal with my IVA and stopped paying for a few months. I now have a new job but had to wait until this week to get paid to start repayment. I keep explaining my situation but NTF keep asking me for 3 months payslips and the annual review. I couldn't do the annual review…
urgent help please had a DRO granted but have just had attachment of earnings
Looking for some urgent advice please i was granted a Dro on 19th feb one of my creditors DSS have asked my employer to do attachment of earnings I was advised by step change to go for a Dro and this is one of the debts included. can they do this who do i contact please.
Rebuilding after IVA
Hi All, I completed my IVA in October 2014 (yay). I have not yet received my certificate of completion. Hopefully coming soon. I am very keen to start to rebuild my credit. Is there anything I can start doing right now - whilst I am waiting for my certificate? Many Thanks.
iva and equity on mortgage
I took out an IVA nearly 5 years ago and thought I was coming to the end, I received a letter today stating as I'm now in the 54th month they will be looking to collect equity from my home ! Turns out it is in the small print but it was never mentioned during any interviews with my case worker I was told once the 5 years…
iva full and final agreed.
Hi Ive been in an iva since 2009. My ip as accepted a full and final settlement and once all ppi is sorted i assume im finished. I recently got a letter of one ppi provider that they are reviewing my case. I contacted the company dealing with ppi claims informing them of the letter. They said it's nothing to do with them…
In Iva and now received offer from PPI
I wonder if someone could advise me plaese..My husband has been in IVA for 3 years and we have struggled to pay it but always managed to.Now out of the blue he has received a letter from MBNA saying that a claim that was refused in 2010 has now been looked at again and that he does in fact qualify and that a cheque will…
Considering a DRO need advice
Hi guys. I've read a few threads on here about DRO's but I'm on my mobile so I'm finding navigating around the site difficult. So thought I would just post. As you can see it's 3am in the morning. Anotjer night of not being able to sleep. Things were going ok up till last July. Left an abusive relationship after 14 years.…
Husbands DRO application- Heard nothing from insolvancy service.
Step change sent my husband's DRO application off on Wednesday at around 2pm. We have read that the insolvency service only take 48 hours to make a decision but he can't find any information on the register and is now panicking that he's been refused/ will be refused. Its so bad for us both as I have just paid out £90 for…
How is a car on HP affected by a DRO
I have very old debts owned by DCA's and I'm sick of being chased for them and have been advised to do a DRO, I rent my house, have no assets, but I do have a car on HP, only had it since September last year. I don't work as I have 2 registered disabled sons and need the car for getting them around. What will happen to my…
IVA and a Will
I have 24 months left in my IVA and currently it looks like I will be paying more than what was originally stated. My mother has Parkinsons and there may be another illness which could end up being terminal. I know that she is leaving me the bulk of her monetary assets which she is going to put in a trust that pays out so…
Missing IVA certificate/letter
My IVA was discharged in May 2012 but on checking my credit file today I see that 4 of the debtors are still listing me as in default. I tried to contact the people that arranged my IVA only to be told they are insolvent (what?????) and the people that took their customers over only took records from January 2013. Where on…
IVA & Changing Mortgage
Currently into our third year of an IVA and I am worried that the interest rates are likely to increase. Currently on a SVR mortage. What are the chances of my existing mortgage company allowing me to move to a fixed rate?
Can I choose which debt can go into DRO?
Hello, newbie here, please help . Due to new baby and single parent I can only work minimal hours. Income is so low, not even £50 left each month. I have debt around 16,000. Three big amounts, then two other small store cards. Can I leave out some of the smaller ones when applying DRO so the total is just below 15K?…
Iva&ppi
years ago I was on a debt repayment plan with DCM apex, and was paying monthly. I had been doing this for approx 3 years when they went into administration. Clear Debt then took over and changed me to an IVA but all the money I had paid previously was lost so I had to start all over again. I am claiming back ppi with their…
Secure trust bank IVA
Hi I am in an IVA and have a bank account with secure trust bank where I pay £2.90 per week in charges. There are points rewards etc but only in places where unfortunately I do not shop. I feel ripped off by this as been with this bank for over 12 months. I have asked them advice but very limited and they don't seem…
Change in circumstances
Hi, My wife & I have been in an IVA since Sept 2011 and began paying £595 pcm. After about 12 months my wife was promoted and her salary increased and as a result payments went up to £765 pcm. This year I was made redundant and although my IP is saying payments can reduce to £465 pcm they will have to increase the time…
DRO Refusal
Hi I am going for a DRO but am worried that I may get refused, I am so stressed out about it at the moment. If I do get refused how long do I have to leave it before I can apply for a DRO again? I am really fed up as I saw an adviser in September and its taken until now to fill in the application form!!! Due to this delay…
Iva listing expenditure each year
I entered an IVA and last year after 1 year of payments, it was requested I supply an expenditure list to provide to my creditors. This has been requested again but now I am renting out my property and renting elsewhere. This is due to an abusive neighbour who harassed my family for four years. I do not make any profit…

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IVA & DRO

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