IVA & DRO

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Hi all, as the title suggests I’m about to start year 3 just waiting for my EOY review! I’m not sure really what to put …… but I feel overwhelmed and like I’m drowning! Don’t get me wrong I haven’t missed any payments etc but I’m constantly living in a state of anxiety. I feel like I was ushered into this “scheme” when at…

Hi there, I have been in a protected Trust Deed since January 2023 and TSB are refusing to change the default date of my Credit Card to be aligned to the PTD. I have raised a complaint with them that they have not upheld and the FOS won't help either as they are saying the issue is over 6 months ago so won't help. I was…

Hello, I am in my final year of my IVA can anyone tell me what to expect with my final review? Is it exactly the same as the annual review months bank statements, 12 months payslips and P60 or do they ask for more evidence?

I have been trawling through the DRO posts trying to find a definitive answer to a couple of questions regarding starting one. But unfortunately, I have surrendered and decided to post the questions myself, apologies if I have missed it somewhere 1. I have a number of overdrafts which I have not serviced for at least six…

Hi there, I recently received confirmation of my DRO. It was very stressful, but now I have a moratorium period ahead of me. I have two questions in this regard. As every year, my salary will increase in April, by around £1,500. After deductions, this translates into an additional £70-£80 per month. I am already receiving…

I have been burying my head in the sand for way too long now and need to get mine and my husbands debt under control. Most debts are just irresponsible spending/getting into difficulty with bills after having a disabled child and me not being able to go back to work. My debt including joint debt (£13,872) is £23,152 and…

Hiya, I am hoping for some input and your thoughts about my current situation with The Insolvency Group. I became homeless on July 22nd 2025. This was part of a group effort to help get me away from my best friend. Basically I was a victim of cuckooing. I thought he was like my brother, but he wasn't. He isolated me from…

Had a DRO finalised a couple of years ago, and still have agencies that werw included in my DRO contacting me looking to pay debts off. Had another one for another debt that was covered today. Once via mail in the week and now an email today. I dont want to contact them to put them right as I know that ANY contact is seen…

Hi folks For anyone who has or had a DRO, I was wondering how long in your experience it took to set up? Thanks in advance for any feedback.

Hi, Ive been recommended a DRO by steochange and have moved on to working with Money Wellness, but ive got a few questions, ive emailed but no response as yet! 1. I'm currently POA for my dad alongside my sister, for health and finances. I know I cant be this for the year of the DRO but do I need to actually inform anyone?…

Hello. I’m looking to go ahead with a DRO application. My concern is that I have two contracts in place with Vodafone, one for myself, the other for my son. In addition to this, I am paying monthly for my son’s new handset. I’m not in arrears with any of these, nor do I intend to be if I go ahead with the DRO. I fully…

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Hi, Newbie here , and want to say how grateful I am for finding this forum and advice. Apologies for the long post, but I feel a full picture always helps and time is short as I have a call tomorrow to discuss this. I am looking for advice on IVA vs DMP. I had a call with pay plan re. credit card debt which has spiralled…

Around three years ago, after experiencing some financial difficulties, I applied for an IVA. At the time, my debts totalled around £6,500. My monthly payments are £385. After three years, I had already repaid almost £7,000 to my IVA. I asked my IVA company - around 7 days ago - how much is left to pay. They replied: It…

Hi, step change have recommended a DRO for 45k of mainly Ccard debt. i have an overdraft in a joint account, what should I do about this. How are mobile and device (in contract) handled, step change left it in my budget.? Also this is the first month my Ccards have come off 0% and I’ve never missed a payment (switching and…

In an active IVA, is it normal for the creditor to still report defaults monthly and also should they still be showing as open accounts on a credit file?

Hi currently I am with NatWest silver account, solely my account with a £250 overdraft that I can use. I like my bank but have had issues. Basically because of my disabilities I cannot work. So, I have debts with credit cards, shopping catalogues, a small loan. I have only just stopped paying these companies, because I was…

Hi i am having some difficulty getting some companies to acknowledge my DRO which was issued 7th October. Sky won’t acknowledge it, British Gas have only added my gas account, Klarna and capital one. I’ve also noticed I have recent defaults and missed payments still recorded. ive spent hours trying to get someone to speak…

Hi Everyone! I'm at a loss, you guys are my final hope. Is it normal/legal/ethical/OKAY to be trapped in an IVA for 12 years? Yes it is still on the register, but when I emailed the @insolvency email address no one could find it. The practitioner and the practitioner's business has also been out of sufficient communication…