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Debt included in DRO sold
Hello I’m hoping someone may be able to provide me with some advice. Due to debts which she couldn’t pay my sister has a debt relief order which started in April. Two credit cards she had with Virgin were included in this. However since the debt relief order virgin have continued to call and write to her asking for payment…
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Contemplating a DRO
I have approximately £6,000 of debt, the majority being credit cards. My hours at work have been drastically cut, so I am no longer able to keep up the repayments on these cards and a few other debts. Before I go ahead with my DRO, I wondered what details I need concerning my credit cards when I fill in the forms?…
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Iva and car finance
Hi all, I recently started my IVA in may of this year. I have a car on pcp finance that I started on November 2020. I was under the impression, thanks to my iva company, that I would be able to take another car out when this has finished. After doing some research it seems this is very unlikely! however, my balloon payment…
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Dwp overpayment under dro
Hi I'm looking for some advice if possible. I entered into a dro back in 2014 which has now been fulfilled for many years. One of the creditors was hmrc, they passed the debt onto drysden fox who I then contacted with my dro & they passed my case back to hmrc. I then received a letter from rossendales to say they were…
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FCA take action on IVA lead generators
https://www.fca.org.uk/news/press-releases/fca-takes-action-against-debt-packager-firms It's a start...
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Taking someone to court who has an IVA
I was looking to start a claim for money from a builder who completely messed up an extension on my house. I have recently found out they entered into an IVA and I can see they are on the Individual Insolvency Register. Is it possible for me to still bring a court case against them? I believe they were aware that I was…
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IVA Complaint - Debt Movement - Ombudsman
Hi All, I've sent the below to the Financial Ombudsman. I'd be interested to know you opinons on this. I cannot express how difficult this company have been to deal with. I am three successful years into my IVA. It has been taken
over by ‘Debt Movement’. Put simply, my income
has not risen (beyond that approved 10%…
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IVA Settled Query..
Hi all, I was in a position yesterday to settle my IVA in full. However, the insolvency company, though confirming they have received the funds, have said this is now with their closure team... and stated i'll receive my completion report once the account is successfully closed - also that this process takes 3-6 months. Is…
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Moved: Need advise
This discussion has been moved.
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DMP Marker Help
Apologies of I'm posting in the wrong place. I can't find answer to this anywhere... Many years ago I got into a lot of debt. Those debts were defaulted and I've almost completed paying them all off through a DMP. I've noticed one debt was never defaulted but instead marked with a DMP flag. I have contacted the company to…
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Confused and unsure what to do getting an IVA
Hi, I’ve spoken to the debt advice helpline and they’ve said my only option is to get an IVA. I currently have 16k on a loan and 14k over 4 credit cards. It’s just snowballed with getting a house,having a baby then covid hitting ( he was furloughed then changed jobs) Me and my husband work full time and have stable jobs.…
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Debt Management Company lets me down
I had a number of outstanding credit card balances due to unfortunate circumstances which were being dealt with by a debt management company that I appointed. The balances were frozen with agreement by the creditors and I arranged to pay them back through this company each month over 2 years. I have diligently paid back…
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Moved: Debts
This discussion has been moved.
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Aperture/Debt Movement IVA
I am hoping some one can help me or share any experiences of the above "company" or offer me any advice in dealing with them. Initially I dealt with Aperture now I have had correspondence from Debt Movement but upon contacting them they have directed me back to Aperture. I have a settled IVA which is being managed by the…
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Secret debt
Hi, Ive just joined looking for advice. I currently have debt totalling £23,000. I have spent the last year with my head in the sand ignoring it. I recently started the process of a dmp although this is not set up. I have read this weekend that the rules regarding dro’s have changed. I believe this to be my best option at…
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IVA- house sale almost completed
We have 90% completed our house sale. We are selling to pay off our debts. Our Iva company are shocking- and never respond to our communications. We have let them know we are selling the property but they haven’t responded, we’ve stopped paying towards Iva in recent months, and with the equity made from property we are…
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About to start the DRO process… nervous & questions?
Hi all, new poster, long time lurker! I am about to start the debt relief order process, I tried to do it 1 year ago but was over the 20k limit. I’m quite nervous, it’s quite a bit thing. At the minute I’m not working, my partner who lives with me works so on my budget sheet I have wrote down what he brings in and what…
