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IVA & DRO

Archives for February 2017

How long to approve DRO ?
Hi StepChange put my Debt Relief Order through whilst I was on the phone last Thursday 23rd February about 11am - 12 Noon. I have checked the Insolvency Website and I am not listed on there. I did try Friday Saturday and half day Sunday but the website was down. I am kind of worried as most people have heard about their…
F+F help and redundancy
Hi my parents have offered to make a f+f payment to end my IVA as I am on the sick on full way with work related stress. It looks like I may receive a settlement payout from my employer to end my contract early as they are looking for redundancies at work. My question is, if I put a f+f offer forward now and I accept a…
Dro advice please
I received a entry to county court for one of my unsercured debts last week, I think it was Friday, I have mental health issues and have not paid anything off my debts since around 2013/4, I owe around £11k in total (2 debts with new charges added to the one as entered to court) and I am not paying interest, I have done…
IVA Land registry restrictions
little advice needed please.. i have Certificate of completion from my IVA in 2014 as i made an early final offer which was accepted, however i am in the early stages of selling my house and the searches have found, the restriction on the land registry still applied, should this have automatically been lifted once…
Dro help
Hi all new here an in need of some advice, recently me and my wife have been speaking with some from are local council and with the CAB unfortunately due to work commitments I couldn't attended the appointment and m after a little bit of advice between me and my wife we have about £10000 worth of debt ranging from credit…
Full and final offer amount ?
Hi all I was wondering if I could get some help ideally. I got myself into a financial pickle and managed to have an IVA accepted. I've recently told my parents about this and my dad has offered to pay an offer to close the IVA.. I'm now 9 months into my IVA having paid £215 each month not missing one. The IVA was for…
IVA equity release soon
Hi wondering if someone can answer a question regarding equity release? In my IVA paperwork it states - "The remortgage term does not extend beyond the later of the debtor’s State retirement age or the existing mortgage term." I am 44 and have 7 years remaining on my mortgage but have 23 years till I retire:( Does this…
iva, loss of income, redundancy and chances of full and final payment
Hi everyone I am a little over a year into my IVA which I have had no problems with so far. However my circumstances are likely to change significantly over the coming months. :eek: First of all I am on long term sick from work. I am still on full pay but potentially could drop to half pay in the next couple of months.…
Iva help!
Hello! Really hoping someone can help. Me and my husband are looking to buy his parents house from them in the next 6 months. They split up around 2 years ago so only his dad currently lives at the property and his mum is renting a property. They had their house valued a few weeks ago and one company told them to sell it…
IVA Completion
Hi there, I was hoping someone could help. I made my final payment on my IVA at the end of Dec 2016 and called my IP this morning to chase up my completion certificate. They advised that they were still waiting for some of the creditors to make a claim as they had not had any response. When i questioned the fact that surly…
DRO questions
Hello! I need help. I am currently in the process of sorting my debts out. I have a lot of creditors, 16/17 in total. Just under £13000 outstanding consisting of catalogues, payday loans unsecured loans and telecom. None of this was intentional and happened for unfortunate serious reasons. I am currently living with my…
Iva enquiry
Hi, I'm 55 in May and in the final year of an IVA agreement. Is my pension exempt from the agreement if I surrender any or all of my pension before it ends? We are with Payplan.
PPI and RBS
Hi, I'm new here and been searching to see if anyone has received a letter from RBS (or any other bank) relating to the Green v Wright case? I received a letter last week from RBS stating that they are awaiting the appeal before settling to either the Supervisor or the Customer. The letter also states that if the…
IVA & HMRC Refund
Good Evening, I am currently paying off my debts with an IVA. One of my debts was to the HMRC from my failed business, last year the HMRC changed my tax code and started taking money from my pay through my employer. The HMRC agreed to the IVA! I did manage to get my tax code changed back after about 6 months, do you think…
Finally have mortgage
Started and iva November 2010 which I payed off in 2013, dropped of my report in November last year along with all my defaults have today received my mortgage offer from Halifax with no issues at all Just shows how easy they can be after an iva
Damaged for ever?
So we are two payments away from completing our IVA! 29/03/17!! Speaking to mortgage advisors which deal with bad credit won't even touch us for a mortgage w would like a shared ownership mortgage I know the climate isn't great but why do I have to be punished when I've paid the IVA for the last six years never missed a…
PPI after IVA
I have recently completed an IVA (Sept 2016) and have the completion paperwork confirming this. Last month I received a letter from HSBC regarding a graduate loan I had and the PPI Insurance Complaint regarding this account. They requested all sorts of paperwork and signatures from the IVA company so I sent them a copy of…
Iva help
I am near the end of my 6 th year of my iva. I was asked to remortgage due to equity clause. As unable to remortgage have been asked to oay a further 12 months taking it to a 7 year iva. However there was a condition added to the iva by one of the creditors stating we should not make more than 72 payments. I queried this…
University and an IVA - please help!
Right, I started my IVA In October 2014, since I was made redundant following the birth of my 2nd child I have found it difficult to be happy in the dead end jobs I seem to keep picking up. I have a dream and I want to follow it. I have just separated from my partner after a mentally abusive relationship where I have been…
It's over
After 7 years my IVA is officially completed :j. Today I received my completion certificate which I've been dreaming about. My IVA started March 2010 with Grant Thornton and to be honest they have been very good and I haven't had any issues with them. When I my IVA started it was meant to be 5 years,but you can never plan…

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IVA & DRO

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