IVA & DRO

Archives for June 2016

paid to date IVA rejected
I'm looking for some information - myself and my husband are both in IVA's (we orignally thought this was one joint one but is actually one each) after a change in circumstances we are unable to continue making payments so after speaking to our company and supervisor a meeting was set up to see if the creditors would…
IVA and debt management coming to an end
Hi all So a few years ago I found myself in a debt management plan. I got to the point when I was sat in my bedroom crying uncontrollably as there was no end to the debt I was in, ( from an ex who talked me into getting cards and loans in my name then he left- my stupid fault I know)... I got talking to a girl at work who…
payday panic
I dont want to go into the full details but I am in a bit of a panic. I had an issue which cost me £100 this month and I am basically skint. I could do with £50 to last me till payday. Since I am in IVA I can't take out any loans etc and there is no family I could borrow off do you think if I talked to my IP (payplan) they…
Scared that my DRO will be revoked *UPDATED Aug 2016*
Warning, this is going to be lengthy. I had to give up work in 2012 (it's a long story) and had a hard time struggling to pay both my debts (1 x 11k loan to Lloyds, 5 x circa 1.5k to other CC accounts) and essential bills. I was advised by a family member to apply for PPI redress as it had clearly been missold to me some…
Question about DRO and surplus wages.
Hi all, I have a question regarding my recently approved DRO that I'm hoping someone can answer. My DRO was approved a fortnight ago. My employer has made a mistake in my first wage since the order came into effect. It's not a huge amount, £70 overpayment, but with my surplus income having been worked out at £42 I'm well…
PPI claims after a IVA has been completed news on a court case
dont know if any of you guys or Martin personally know anything about this ongoing case. where a IVA Practitioner had to go to court over a debtor not agreeing to a PPI payment from a creditor. the case is Green Vs Wright. i am interested at the moment as have just received a offer from HSBC for PPI which i investigated…
Does bankruptcy have affect Abroad
Hi, just a quick one, I am currently registered as bankrupt in the UK. Would anyone know whether this would extend to Tenerife as this is where I live now. Thanks
Urgent- DRO REVOKED from personal injury settlement ?
Hey guys... Thanks in advance- any and all help will be greatly appreciated. My debt relief order is nearly finished (moratorium period ends really soon). Issue is I made a personal injury claim for a car crash that wasn't my fault. Claim process began before my DRO was done. I tried to 'slow down' my solicitor but court…
informed of bank account closure !
I have just received a letter from my online bank, Secure Trust, which is actually part of Barclays Bank, informing me that they will be closing my account as of Sept this year ! The reason they have given is that they will cease to provide a bank account that charges a monthly fee as they are no longer allowed to do so,…
Credit card limit increase in DRO
Hi all, I've mentioned in a previous thread about an unused credit card being allowed to be used in insolvency (insolvency service) confirmed it was okay. The card provider has upped the limit to £500 as of end of June. Does the increase fall under disclosure of insolvency when applying for credit of £500 or more? I'm…
DRO Beneficial interest
Hi all. Opinions/advice needed. Have a situation where I am hoping to apply for a DRO. However, I live with my husband who owns our property (married when bought it). He supplied the deposit, pays the mortgage from his account and has paid for any work needed. It is in my husbands name as he had the deposit and me being on…
Dro budget
Is there a budget for DRO or do you use the same principle as the budget planner when doing a statment of affairs for dmp x
Job screening process
Can anyone advise? i have been offered a job although need to pass my screening. i was asked if i had any ccjs or made bankrupt i havent but i have IVA in place will i fail this screening and will i not get the job now :(
Equity clause
My husband has just over 2 years left of his IVA. He took it out in August 2012. Northern Rock requested it be a 6 year IVA. My question is, after the 6 years is up, is there still a chance that we will have to remortgage or pay an extra 12 months, or will the fact that we have already paid an extra 12 months be…
How do I know my DRO is finished?
I'm still getting letters from companies I have never heard of telling me I still owe them. I'm certain all my debts were included.
Settle IVA early Help
My iva commenced in September 2011 with RSM Tenon and was then passed to Grant Thornton. I have two properties both with restrictions on title deeds in Favour of RSM Tenon. Property one is under offer to sell at £525000 with a mortgage of £338000. Property two is on the market for £390000 with a mortgage of £212000 but is…
Help and advice please we don't know we're we stand
JAMIE46 View public profile Send private message Find more posts View all thanked posts Add to contacts Can I please ask help my self I don't know how to start a new thread sorry. My wife is coming to the end of her dro in the next few weeks but we was also involved in an car accident and in the middle of a personal injury…
Cabot Financial
I have been in an IVA for 4 years and 2 months. One of my debts was with the clydesdale who use MCE portfolio to try and recover the debt before I entered into the IVA. I am now being contacted by Cabot financial who say they know nothing about my IVA and are demanding payment. I have told payplan but I am getting worried…
IVA to DR
Hello, I'm after some advice. Last year we contacted Harrington Brooke's about setting up an iva. This has been in place since January. However, my partner has now lost his job and is starting a new one, and I have decided to stay at home after maternty leave. To be honest, we googled help with debt and ramh the first…
Iva budget guidelines
Hi, I'm hoping someone can send me the link for the cccs guidelines the more up to date one I can't find it I just want to be nosey tbh. Thank you

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IVA & DRO

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