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Really worried my husband being pushed into IVA
My husband and I are not happily married but stayed together as financially difficult to split. I was unable to work as our son has special needs and the ongoing medical appointments/fights with the schools made it impossible. He is an IT contractor working through his own Ltd company. His work stopped when Covid hit. He…
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Settling IVA on payments made
Hi I recently posted in here re my IVA provider and making a complaint about their handling of my case. I’m now back again as they have done yet another recalculation and have now said that they will put forward my IVA for settling early on payments made to date. I only have 6 payments left on it and have fully paid all…
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Considering my options
I have been advised that an iva is my best option but wanted some opinions FactsNet income of 1200 On UC and will receive child maintenance of sorts ( me and my ex alternative who claims for our child and split the difference) Total income will be approx £2000 maybe slightly higher I owe 14000 Currently renting my property…
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IVA - Compensation “Windfall”
Hi, I am in my final 9 months of my IVA, and have never missed a payment. Late last year I submitted a compensation claim for historical childhood sexual and physical abuse which lasted almost 15 years. I was wondering what happens to this compensation if awarded to me. I have already informed my IVA company reference this…
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IVA and Joint Mortgage
I initially agreed about starting an iVA as a company I was talking to told me my debts were £36k, as this is something that I have let get out of hand (keeping on top of and not dealing with very well) I believed them, I have initially set up the IVA with them, however I have had serious doubts since (only since Friday…
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I’ve just started my Iva and thinking about my future!
So my Iva has been accepted by my creditors and I’ve made my first paymwnt. I feel really nervous but I know that I had to do this. just having random thoughts and questions though and wondered if anyone could help me? Im a single mum to two children living in rented accommodation (council). what happens if in the next 5…
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IVA F&F Sprout Loan
Just wanted to give my experience on clearing my IVA early using Sprout Loan. I had done so much research and appreciated people posting their journey, which is why I am sharing mine. I have spent 15 years juggling historic debt and carrying it around like a ball and chain! Our combined debts were very high for many…
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PPi
My iva was completed may 2022 60 payments paid , not had my certificate received, now out of the blue , several months later they want me to sign and agree to a solicitor, for ppi claims , check insolvency register it says my iva completed, so why they harrowing me now to sign to a solicitor, to chase up ppi I'm fully…
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DRO Renting
Hi I had to do a DRO on 9th March 2018, discharged/satisfied 9th March 2019. I need to leave my current rental and now I'm hitting a wall with renting a new property. They ask if you have any 'adverse credit' and I reply honestly, but the last letting agent just said that as my DRO was for 10.5k and it will show on my…
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£80k Unsecured debt and stressed
Hi. I am suffering from huge stress and am only managing 2/3 hours of sleep and just cant cope with the repayments - been over 3 months and havent paid 2 out of 5 of my creditors. I owe circa £80k at the moment in unsecured loans/ credit cards/ bounce back loan (sole trader) etc. My business went bellys up during covid.…
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Ebenegate ARGHHHHHHHH
Hi So I am in my final 9 months of my IVA and was sold from Vanguard to Ebenegate. They called me in December to tell me they had done an I&E review due to a change of circumstances that I had submitted and according to them I could not afford the payments due to cost of living. Did I want a payment break, I said no but…
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IVA Company gone bust
I’m coming up to 2 years in my IVA and have found out my company has gone into administration in November, I’ve had no communications from anyone and can’t get in touch either, I wanted to make a final settlement soon but worried this is not a good idea until if and when a new company takes over
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Sim only deal
I'm 6 months in to a debt relief order, can I get a sim only contract at £18 per month?! Would I be breaking any of the rules?! Thank you in advance.
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Possible Scottish Trust Deed - looking for advice
Hey folks, A few months ago I entered into a DAS and I am finding it really tight especially with the recent cost of living etc. In the income and expenditure, they left out my Gas and Electricity expense meaning the DAS was £229 higher than expected ; I have requested a variation of the DAS as I am struggling to pay the…
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DRO and outstanding income tax
Is Income tax owed included in a DRO? (only £145)
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Changing IVA
Hi, is it possible to change from an IVA to a DRO? and if so how is it done please?
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Settled my Iva is it still impossible to get a mortgage thanks 🙏🏻
So I settled my Iva in November and now want to get a mortgage hopefully 🙏🏻 is this completely impossible until my six years are up or can I hopefully get one thanks for any help .
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Iva fees
My husband and myself went into an iva just over 5 years ago we have now made all our payments and are at the stage where we need to release equity from our house, but unfortunately last year my husbands father passed away he was left some money, which we have informed the iva company of, so the amount of my husbands…
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5th year IVA anxiety
Hi, My husband is in his 5th year of the IVA and I'm trying to find out some answers please We only have 10 years left of our mortgage and I really don't want to remortgage this close to being mortgage free , How can we stop this? I've looked on the IVAs website under this section and it states that if a co owner will not…
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IVA completed but won't allow me to get car finance.
I completed my 60 month IVA in September 2022. I was perfect never missed a month. However, I really need to get a car on finance (I know but I can afford it!) So I found a car got finance approved etc The finance company have come back to me to say my IVA is not showing as complete. I contacted the IVA company and they…
