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Credit Unions and insolvency
Not really a question just a moan!! As a debt adviser and a Debt Relief Order intermediary I have
for some time been struggling with putting credit unions debts into insolvency. In an area such as mine which is very deprived I see a lot
of clients who have credit union accounts. In fact as part of our budgeting advice
we…
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Salary Sacrifice with an IVA
Hi all, I have recently agreed to an IVA and the meeting of creditors is happening in a week. I work from home and my computer has died - my work have said I can purchase one via them and have it deducted from my salary. I had no other choice outside of going into the office 24/7which doesn't work with my childcare…
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IVA or DRO questions
Hi all, I'm finally biting the bullet and trying to get my finances sorted after many years of neglect due to Mental Health issues. I'm speaking with someone tomorrow from a charity about the best way forward. My total debts are about £14,000. The main worry I have is surrounding my car. Its on HP and worth about £6,000…
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Car Finance Claim
I have seen a few adverts lately about Car Finance Claims and getting money back to the customer. Firstly how legit are these? Secondly how would it affect an IVA if I were to get any money back, would I just simply share the sum via the rules imposed on my IVA such as 50% of the total? It's a closed financial account…
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Statements
Hiya Happy New Year to you all. Just a quick question please, I completed my DRO 3 years ago, all was fine and smooth. Should I still be receiving statements of outstanding debt that was added in my DRO. It says on the email they are requited by law to send it, surely not if its been wiped off and not on my credit file…
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Personal injury claim
Im self employed been in iva for 9 months unfortunately last 4 months i have been very poorly ended up on universal credit. My IVA is in breach and will be terminated within coming month. Due to affordability. i have personal injury claim on going will i need to inform iP if my IVA termanated? any advice would appreciated
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Mortgage post IVA finishing
Firstly, apologies if this should be in the mortgage section (mods feel free to move it if it should be). My IVA was setup in Sept 2017, I did a F&F in 2021 which concluded and received completion certificate in Oct 2021, Insolvency register was updated and I was removed shortly after that. My IVA and all associated debts…
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Argreement date passed and want more money.
My agreement ended 3.5 months ago, as far I I'm aware off we are now out of contract. We have not been given any breech of contract or anything in writing before the end of the agreement that an extension would be required. Can CreditFix have the right to demand a 12 month extension or a 3rd party to pay off just under…
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DRO, HP and parking tickets question! Please help :)
Hi everyone, wondering if anyone can help. I’ve read through tonnes of threads and seems like you guys are the experts! so, I have around 17.5k in unsecured non priority debts and my mum has been helping me with payments as my cards all have high interest rates now the 0% periods have ended. I am currently on unpaid…
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“Serial” DROs
After my DRO is ended with no outstanding issues and it is removed from the register, and assuming I legitimately apply for subsequent credit and not act fraudulently, how soon before I can reapply for another DRO? Is it 6 years from the start or end date of the first? Have people become “Serial” DRO applicants?
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Dept help please, another Clear start accounts victim
Hello all, This is my first time posting on a forum ever so am nervous and also a little ashamed that I have let my situation get so out of hand but after a couple of years with my head in the sand I'm finally strong enough to tackle my debt issues head on. After reading on here and on other forums, I've realised I too got…
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Ebengate
Can they really be as incompetent as they seem
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Iva finished and over paid tax repayment
Hi, I’ve recently finished an iva and have a certificate to prove completion, I’ve got overpayment of tax refund due from self assessment am I now entitled to this when I request a repayment from Hmrc as the Iva is completed? thanks
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How much should offer for a full and final settlement for IVA?
Hi, In IVA for just over 5 years. Now in extended time due to payment breaks. The last payment is due in August 2024. A family member has offered to pay for the rest of the IVA to finish it and save our worry and stress. We are not homeowners. How much should I offer the IVA people if what's left is £900 to pay? Is there a…
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Product Transfer with same bank with IVA or Debt Management
Hi, We are nearing our fixed mortgage and will not be able to remortgage because of the above since we have been scammed a lot of money. My questions are below 1) what is the probability of being rejected of the product transfer? 2) one of my mates has the same problem but might use the product transfer by 4th quarter of…
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IVA Yearly Review
I have just submitted my first yearly review. Can anyone advise what usually happens next? Is there any futher correspondence e.g a phone call or email communications once they have reviewed my documentation and supporting evidence?
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Debt was passed to agency days before DRO was approved
So I had my DRO approved around 7 weeks ago (I'm now in the moratorium period). However it seems that behind the scenes just days before the DRO was approved, one of my creditors had passed a debt to a collection agency. Can someone confirm if this debt is still counted within the DRO? Or do I have to pay it?
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DRO Issued And Virgin Wanting Me To Post Proof
I had a debt relief order issued about a month ago or so. I received a phone call today from Virgin Money, who was one of my creditors included in the DRO, they said they hadn't received any word of the DRO and I must physically post a letter with the DRO document included within 30 days. There was no option to email I…
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IVA question
My wife and myself are currently with joint payplan since the start of this year and after the review they stated i could be eligible for a IVA. Spoke to somebody from payplan partnership who do the IVA and they have informed me to change bank accounts again! i already did this at the start of the year when started the…
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IVA Dispute Advice
Hi folks, I am currently in the process of raising a dispute against my IVA practitioner on the grounds of mis-selling and failing to provide requested information. I have submitted a formal complaint to my practitioner along with a DSAR. I have also filed a complaint with the Insolvency Service. To cut a long story short,…
