-
Mis-sold an IVA
I got with my ex 3 years ago. And till about 1 year into the relationship, more till I met him my life was the best it’s ever been. Happy. On top of my bills and had money to live a good life. I only took out credit cards because I was o Wessex with having a hood or perfect score but not having a credit card meant it…
-
Payplan being vague
Hi. Finally tackling my debt situation so I called Payplan at the weekend. I went through my debts , income and expenditure with them. Some of the figures seem generous in my favour and looking at figures they have sent I’m sure that some figures have been duplicated on my expenditure. Seems odd . Due to my over 60k debt ,…
-
DRO - is this a preferential payment? + other questions.
So I'm in a situation where it looks to me like a DRO is my most sensible course of action. I'm self-employed sole trader and I have a Bounce Back Loan (£19k), 2 credit cards (£3k and £2k) and an overdraft (£1k). I have less than £2k in assets (how is this verified btw do they do a home visit to check how nice your TV is..…
-
Stepchange have suggested a IVA?
Hello, I have posted previously about DRO's, I was in contact with Stepchange back in January and they recommended a DRO, I (stupidly!!) stopped the process when I found it difficult to get all of the info about my debts and had a bereavement at the same time. I contacted them again today in the hope of starting the…
-
Completed IVA
I completed my IVA last August got the completion certificate however today I got a text and email saying I need to complete an annual review is this normal
-
IVA help!
Hi, I need some advice please 🙏 I'm around half way through my current IVA and have a problem. Firstly I'm completely up to date with all my payments and haven't missed any at all. As part of my IVA they have requested recent payslips and p60s which I sent over . Since 2020 my income has increased but not by much. So they…
-
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…
