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IVA & DRO

Discussions here cover two debt management solutions - Individual Voluntary Arrangements (IVA) or Debt Relief Orders (DRO).

Lost IVA letter of completion
Full and final IVA 15 years ago. Sold our house and solicitor has informed us there is a charge on our deeds from the iva company we used. We have lost our letter of completion and company we dealt with have gone through. How can I get a copy of the letter to send to land registry to get charge remove?
Pay increase help!
So I have had a pay increase which I obviously need to inform my IVA about. It is about £70 a month. That being said, I have experienced pay rises like everyone else with council tax, phone bill, car insurance etc. will they just expect me to pay the extra or will the extra amounts be considered too? I could really do with…
Debt Relief Order and O2
Hi - currently having a nightmare getting consistent advice from O2. If anyone can help, that would be really appreciated. I am now in a Debt Relief Order (DRO) and the handset loan part of my contract has been included in the DRO. I am up to date with payments and have never missed a payment to O2. I have heard that O2…
DRO Next Step
Hi all, I'm a big worrier! I have had my interview with Wellness today, gone through my debts, answered their questions about bank statement entries etc. She accepted everything and another appointment has been booked for tomorrow. Does anyone know what this would be for? Would it be just to pay the fee?
IVA completed but asking for more documents
Hi all, I've recently made the final payment on a 6 year IVA, but my IVA management company are now asking for payslips and bank statements at the end of the IVA before they will send my completion certificate. Is this usual practise? All of the arrears have now fallen off my credit file, after 6 years, do I still need a…
IVA and remortgaging
Bit of a complicated situation I have, and one I could really benefit from getting some advice on... I've been living with unsecured personal debt for as long as I can remember. Currently 1 personal loan that was initially taken for debt consolidation, 2 credit cards, 1 loan for a new boiler, 1 loan for a new kitchen and a…
IVA company asking me to remortgage my home
Hi all. I am currently in my last year of my 6 year IVA with StepChange. They have just emailed me saying that as I agreed to remortgage my property as part of the agreement, I need to get a redemption statement from my mortgage company. The emails says 'The amount required to repay all the debts secured on the property is…
Can’t improve credit rating post DRO
I’m in the position where it appears that I cannot improve my credit rating post DRO. I was discharged early October last year. Here’s the details which I think are relevant and will hopefully mean someone who’s been in a similar situation to me will be able to advise me on how I can improve my credit rating. To avoid hard…
Contacted by old creditor with refund - previous DRO
Hi all, I was accepted for a DRO in Dec 2018, which included an overdraft from a bank. Despite ongoing contact with the bank, my credit report continues to state in default regarding this account. Anyway, this morning I received a letter from said bank, stating a refund of £800 was to be paid as they'd miscalculated…
Scottish Trust Deed - creditor refusing to default
Just looking for a bit of advice on this one. The majority of my creditors have began to default my accounts to the date of my Trust Deed being signed bar one (Tymit Credit Card). They are not willing to default my account on the following basis ; "Due to the current status of your insolvency, we are unable to issue…
IVA rules question
Hi all My Ex wife has agreed an IVA repayment of a joint account overdraft of 11 years ago after Lloyds Bank closed our account due to a lost business. She is still paying it but now Cabot are now chasing me. Can they, if my ex has agreed to pay it through the IVA? I cannot find the answer anywhere. Thanks in advance.
IVA payise
I have just got a 186 pound a month payrose in work.im in an IVA currently should I tell my IVA company of pay rise or wait for my annual review.i will have to pay more in travel costs now aswell just looking for some help and advice.thanks
O2 refresh contract - DRO help
Morning all, Has anyone any experience with having an O2 refresh mobile contract where the monthly amount is split between a 'loan' for the handset and the airtime etc.? Spoke to CA yesterday who are preparing the final paperwork now to send to the Insolvency Service and she advised that because I am on O2 refresh, they…
Anyone else using Debt Movement for their IVA?
Hi Guys. I am getting very nervous now about my situation. I have been paying this company approximately for 3-4 years. I've never had a yearly review. A few months back I called them to explain my financial situation and to inform them that I am struggling with the current monthly payment. After about the 45mins telephone…
Coming off mortgage and DRO
Hello I am looking into a DRO but I am still on the mortgage to my ex’s house. I have started the process to come off and I have never lived there or paid towards it. Can anyone tell me if this will be still classed as an asset? Any advice greatly appreciated Thank you
Checks during DRO application & process
Hi I am considering a DRO, and need advice please. I’ve spoken to Step Change about my debts, and a DRO appears to be the most appropriate solution. I appear to meet the criteria, but have really severe anxiety about starting the application. My anxiety is around life-complications, the risk of inadvertently submitting a…
McKenzie Jones Associates - Debt Management FRAUD!
Good Afternoon all, I have not not seen any other news articles or scams online regarding this. I wanted to make this post make other people aware of this company in the hope they do not become a victim like me. My background - I went into an IVA around 2 years ago due to bad management of money and taking a loan by the…
DRO submitted
Hi, my DRO was submitted on the morning of Monday 27th March. I was told by the person doing my DRO I would hear from the insolvency service in a couple of days. I still haven't heard anything and it's now 4th April. What do I do? Or do I just keep waiting? Does it mean there's a problem? Any advice will be gratefully…
Think I been scammed
I am in an IVA then got contacted by Mckenzie Jones associates giving me a much better deal I hsve paid them 4 payments and now can't get hold od them and my IVA are threatening to go to my creditors.
Property Restriction
I hope to have an offer to clear my IVA accepted by my creditors at the end of May. Creditfix have placed a restriction on my property which I want removed as soon as ppossible.what are my options / best course of action Thank you

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IVA & DRO

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