-
Full and final settlement IVA
Morning all, Looking to see others experience of full and final settlement with creditfix. I have been in my IVA since March, paying £150pm for 5 years but with property clause. My property has no equity and will have none in 5years also. My job changed decrease of 5k a year and bills increased April, I have done a new I &…
-
DRO
Hiya I was issued my debt relief order Sept 2020 all has been well since, clear. No debt no nothing. Just had a look at my credit score and it says I still have a default on there... this was part of my DRO. Please could someone advise how I can clear it after all this time, as I want to improve my score a little. I also…
-
Phone Upgrade due and DRO
Hi Guys, I’m looking into a DRO as it’s looking the option that’s best for me and my situation at the moment. I’ve spoken to National Debt Helpline and I’m at present putting together a budget and collecting all my info credit reports etc. However I have a EE phone contract that ends September and I am now due an…
-
Iva,heritence children
Hi everyone we are currently in an Iva 4 and half years . Sadly my Aunt passed away last year and I got a phone call to say that I was a beneficiary 3 days ago I have contacted IP. It could be anything between 1 and 10 grand . My Aunt had no children and left money to her nieces and nephews to whom they are responsible to…
-
getting a Basic Bank Account with low credit score
I have managed to get myself into a financial mess due to a combination of house moves, child illnesses and lack of postal deliveries. I have to admit I am not the greatest with my finances but am now trying to sort myself out. I work full time and have a wife and three young children. I did have a bank account with…
-
DRO Accounts still open
Hi all, My DRO was approved in July 2021 and I was discharged in July 2022. Majority of the accounts are still showing as ‘active’ and ‘open’ on my credit files. I know they will show for 6 years but i thought they would show as closed or settled? I am trying to build my credit after the DRO but I am struggling to be…
-
Debt Payment Plan
I am currently in a payment plan (not an IVA or DRO, I don’t think) and I’m making regular monthly payments. I have recently become a director of a small limited company and want to know whether my personal debt could impact being able to open a company business account although I am not the owner and not a shareholder?
-
IVA still showing after 6 years
Hi,my iva was settled recently and I expected the debt to fall off as it was after 6 years started. I note that is is still showing on all my credit files. Am i suppposed to ask them to remove it?
-
Equity Release IVA
I'm into a sixth year of my IVA The sixth year was written in from the start and it cannot be extended due to a lack of equity release (I have this in writing) But with nine months left the IP have asked me to attempt a remortgage? Firstly, is this not too late to do this? Secondly am In obligated to use their provider?…
-
DRO and change of circumstances
Hi, I am sorry, I have searched the forum and I found one post that doesn't fully confirm my question. I hope somebody can help me to understand the statue of limitations. I was accepted for a DRO in November last year and I have been offered a promotion. If I take this job offer, I could be earning more and my DRO will be…
-
IVA early settlement with mortgage
I was wondering if someone on here has successfully settled an IVA early with property with over 5k equity?. I have been accepted a Sprout loan for £8000 in May, by the time the variation meeting has concluded early next month, I will also have paid an additional £700 since putting the offer over. I have seeked to obtain a…
-
IVA company not taken payment
My husband has been part of an IVA arrangement, set up by Hanover Insolvency since 2020. He recently had his annual review in March, and they have always taken the agreed payment on the 1st or 2nd of each month. This month they haven't taken a payment, he has tried e-mailing and ringing the number listed on the website…
-
Paying off an IVA
Hi I am new here and somewhat distress to be honest! I have an IVA (I am 30 months into a 60 month plan) I have been paying £172 all this time and now after my review they want me to pay £555 per month. I cannot afford this - it seems to be based on my partners income. Which isn’t going down well at home as you can…
-
IVA Variation
IVA variation approved at meeting of creditors, now in dispute by one of the creditors, can they recind the agreement?
-
Help. £2190 over £30,000 DRO Debt Limit
Hi All New to forum. Would really appreciate some advice. Been struggling with debt for a couple of years. Personal and business ( sole trader). Business really has collapsed due to my mental health challenges. Mental health challenges got worse due to covid and economic crisis effect on business. Chicken and egg senario.…
-
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 ,…
-
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?
