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submitting self assesment tax accounts for iva propoasal
I am self employed and have to submit copies of my self assessment taxes for inclusion in my IVA proposal. Do I need to submit every piece of documentation eg receipt book, all receipts and all bank statements showing every business payment or purchase to support the figures on the spreadsheet as if the HMRC wanted to look…
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Urgent question
My final payment to my IVA is March 30th next year. I had to move back in with my mother because of my debts but unfortunately she has had a stroke. Now obviously I don't want anything to happen to her but I was wondering what happens if she was to die as I know she has left me a sum of money as my inheritance and I don't…
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when to start rebuilding credit?
My final payment for my IVA is March next year. I see many people get a credit card to start rebuilding their credit rating. My current score on clear score is 231. When do I start to rebuild?
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DRO and job
Morning All Does anyone work for the NHS in finance, project Management where bankruptcy or insolvency has affected there job prospects. I'm worried that if I went ahead with a DRO it would stop me being promoted within the next six years. many thanks
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Aperture Grant Thornton
I have 11 months left of my IVA I want to pay this off in the next 2 months. I have contacted Aperture via email about 4 emails I have sent and no reply. I have to say since I have had this IVA their customer services are appauling, I bet you a million quid if I stopped one payment they would be in touch with me the next…
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DRO assessment
Hi Me and my husband split our rent 50/50 along with everything else. This leaves us with £100 surplus. My question is, if I pay 60% of rent then I'll be able to apply for DRO or would they declined as the bills need to be split evenly? he would then use the £50 extra to pay off his small loan quicker. I know this seems…
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Aperture and Equity release
We are 6 month away from the end(5 years) of our IVA and just had the equity release question. We are with Aperture ex. Grant Thornton and our valuation was £250,000 with £205,000 mortgage outstanding. So with my calculations 85% LTV = £212,500, which then leaves £3,750 each share remaining, which is below the £5k. Not…
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DRO bricking it
This is the first time I have posted on this thread. As my title suggests I am bricking it . I have just been accepted onto a DRO by the IS and I am in the early stages when the creditors will be informed. The reason I am concerned is I am aware Creditors can appeal. They are mainly well known High street banks and one…
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Debt not removed from credit report after DRO but is this worth pursuing
I have a substantial debt of £13k owed to NatWest showing on my credit report. This debt was cleared by a DRO I took out in August 2010 which was then completed in August 2011. My credit report is showing the final payment on this loan as being October 2010 with the first default being November 2010. I have not attempted…
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DRO lloyds address question
Hi, My DRO has been approved. I am in the early stages of my moratorium period. I have received letters acknowledging the DRO from 2/3 creditors. I have three debts with LLoyds - credit card - overdraft (former current a/c) and Loan. I have not received any letters acknowledging the DRO and continue to receive statements…
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Car insurance
Im currently awaiting a letter from my dro application.. How will this affect car insurance? do i need to inform my current provider. Would I be able to go to a new insurance company if I get a cheaper quote etc? Because I'm going to a cheaper car so mu insurance will be alot cheaper.. And was wondering how I go about with…
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Self Assessment during an IVA
Hi! I've recently taken out an IVA - the circumstances of this aren't pertinent however I have a question I was hoping for some help on. Is it possible to earn additional income on top of current employment through PAYE and declare this using self assessment whilst on an IVA? Let me be straight - we're not talking massive…
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Paying into an IVA for 18months yet just found out the creditors haven't received a £
Hi, Wondering if anyone has some advice. I've been paying £200 a month for the last 18months into an IVA. I had received letters from creditors in the post stating I still owe money. Having phoned the creditors to complain that they shouldn't contact me I've learnt that they haven't received a penny from my IVA company. Is…
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Where to get a DRO?
I'm helping a friend, we have looked at the different debt solutions and she seems to fit a DRO best: Rents flat on her own, on universal credit debt of less than £10k no assets at all. From your guys experiance, which company is best to get in touch with next that can help her double check that is right and also put it…
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Joint account with someone in an IVA?
Hi! I'm after a bit of advice please! I have poor credit history, but my new husband is in an IVA. For the wedding we received some cheques in our joint names. My issue is that we don't have a joint bank account. Rather than have to get the cheques re-issued I'm trying to find out if there would be any complications to…
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IVA - the end is in sight :D
Evening everyone, I just thought I'd pop back and say hi! I have 3 months left of my IVA and I can't tell you how happy I am! I survived and it wasn't actually as bad as I first thought. To begin with it was hard learning how to survive without credit, declining invitations and when my car broke down! But you soon learn…
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Tomlin Order voided by an IVA?
Friend is in an IVA which should lead to 100% payout with a bit left over. His home has now been sold and the proceeds are with his supervisor ready to distribute to his creditors. However one creditor has suddenly upped their claim wiping out the potential surplus. Prior to entering the IVA NatWest obtained a Tomlin Order…
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Iva sold to harrington brooks
Hi, we ate in the third year if our 6 year iva with debt lifeboat. We have never missed a payment. I have just received a letter saying its been transferred to Harrington brooks with no explanation. Does anyone know why this would happen? Debtifeboat have been great, very fair with yearly reviews. I'm worried Harrington…
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Remortgage required. Broker recommendations please.
Hi everyone. We have completed our Iva (December 2025) and would like to remortgage as we are with Northern Rock on variable rate. Could anyone recommend a specialist broker please? Thank you.
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Credit file and iva confusion
Hello I've had an iva for 4 years now always paid on time and everything is up to date. I thought I'd check my credit report as I'm getting closer to my finishing date. When I've checked it my mortgage which was included In the amounts of debts for my iva (house was repossessed before iva began) is showing as a closed and…