We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

IVA & DRO

Archives for December 2015

DRO help please.
Hi this question is for an experienced debt advisor on here can someone help me please.. I spoke to someone at my local cab office today and I have my dro meeting on Tuesday they asked me today do I claim tax credits and I said no and she advised I should claim.. I didn't explain why though I don't though as the meeting…
DRO question for fatbelly
Sorry I couldn't send directly to you: Hi fatbelly , Reason I'm messaging you directly is because you've always given detailed/accurate answers on my own and others posts on the forum and I value your knowledge and honesty about the DRO process. It's about the mobile phone contract I posted about in the forum. Basically…
near end of iva unknown ccj
Hi this is my first post I am nearing the end of my iva 2 payments to go and decided to use clear score to check credit rating,not much point upto now,and found a ccj issued 31 Jan 2010 which was issued to my old address I have moved from 3 years previously not sure which creditor it applies to just wanted advice as to…
iva half way but may fail
HI guys, I am half way through but 6 months behind due to leaving work and relationship breakdown. I have been talking to my firm but have received a letter saying they are holding a meeting in the new year and my creditors could let me extend it or it could fail. What happens then? Has anyone had this? I am worried as its…
DRO questions from a newbie
Hello all I am 35 years old with nearly £15k debt and after going through the initial process with a debt charity, It has been advised that my best option is to enter a DRO. I've held my head above water until now. Earlier in the year I had ppi refunds in bits and pieces totalling £11k and carried on as normal until it had…
Delinquent accounts and defaults.
Hi, I'm trying to clean up my credit report. I have a few defaults on it which were registered in 2011. Therefore it is my understanding these will drop off in 2017 whether paid or unpaid. Firstly is that right? Secondly I have two deliquent accounts with British Gas. For quite a lot of money £419 to be precise. These also…
IVA Payment Question
Hi Wonder if anyone is able to offer some advice My wife has returned to work and as a result we expect our payments to go up as we now have a larger surplus. Is there a maximum payment we can make for example if we owed £50K over 6 years and we have already paid back £20K, over the last three years do we only pay back the…
Ppi claim after IVA completed
Hi, I've had a IVA and it was completed nearly 3 years ago. It was with Grant Thornton but the ppi claims are still ongoing through now 2 companies recommended by Grant Thornton. The ppi claims were started within the IVA (last 2 years), just getting the feeling I am getting the run around from GT and are the refunds going…
Considering a dro
I need some advice.. I'm currently around 4-6k in debt the main ones being a credit card and a overpayment of benefit. Things started spiralling out of control when I had to give up work to look after my two children as the costs of childcare was impossible to afford it was then when I started depending on credit for…
Struggling with iva. Please help!
Me and my husband are 2 1/2 years into paying off an iva and we are struggling to make ends meet. We are having to pawn items of jewellery or borrow off family and friends to survive each month and the thought of continuing to do this for another 2 1/2 years is driving us to despair. I have asked my husband to tell our iva…
Insolvency Register
Sent in my application to the Or on Wednesday, and still not on the Register :( Does this mean the application has been rejected? I read they answer everything within 2 days. Why Always Me?
Can't afford first payment on phone bill?
This is going to be an odd situation to describe. Just entered into a debt management plan. Knew we wouldn't be able to get credit for like six years so upgraded our phones & ordered two iPads (for each of our families for Christmas). Could totally afford to pay for these alongside the DMP, so always intended to pay.…
Equity release iva
Hi folks, can I firstly say I'm not very intelligent when it comes to things like this so please if you can help can you explain in simple terms 😔 . I took out a iva 4 yrs ago and yesterday recieved the dreaded letter time to look at equity in my property. We have a joint mortgage but its my single iva. I think the house…
DRO Application - Recent Credit use
Hi, I'm currently in the process of applying for a DRO. About a month ago I shopped at Lidl on one of my credit cards and paid some bills on another credit card. The total spend between the two cards was just under £250 Due to this recent credit spend, I was informed that it may be best to wait another month or two before…
Trust Deeds and credit rating
Hi, So, for just under 3 years now I've been on a Scottish Trust Deed and it was due to finish next Feb (2016). As it turned out, earlier this year I had an inheritance which I notified them about - and ended up using that to clear to full amount. Today, I finally got a letter from the Trustee saying that I had been…
Question on preferential payments issue of a DRO
Hi all, I am just starting to research IVA, DRO etc and am looking into DRO as this seems like an option that I fit the criteria for. I have been reading on this forum about you can't have shown a preference to a creditor - does this mean making a payment to a creditor when you haven't paid others? I think I have done this…
Who to do a DRO with.
Hi Who are the best to do a DRO order with please?... as in Citizens Advice, Step Change etc. Thanks In Advance
DRO 3 months in help/advice pls
Hey all, A Mobile phone bill which was up to date with payments at the time was put into my DRO. However it seems the company haven't cancelled the account it's just the bills have mounted up a bit. I only put this in as a 'debt' as I thought I wouldn't need the contract but Id like to use it. As my account is active and…
bank accounts questions please
1) does anyone know if any banks offer a bank account with a debit card after a DRO 2) if i go with another bank before my DRO and get a debit card do i still need to tell them after my DRO has gone through and if so will i likely be downgraded to a bog-standard cash card even if i had no debt with them? thanks.
DRO Budget -HB Query
I am filling out a DRO budget sheet and have a question regarding housing and council tax benefit. The DRO is just for me. My wife and I are both on the tenancy for the council property we live in. A recent letter which is a breakdown of HB and CT reductions is addressed solely to my wife. What should I do with regards to…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

IVA & DRO

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

IVA & DRO

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free