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Can an IVA stop me from getting a job in a bank?
I have opened an IVA after being really hit by COVID and have struggled to get good, well paid employment since. I finally have got a job offer from Barclays who I am really excited to work for but would my IVA stop me from getting the job? Would be really heartbroken if this is the case. Thank you
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Letting agent check
Hi all, I have a DRO which is 4 months old. As regards letting agent checks, after the 1 year and 3 months that my name is on the insolvency register how visible is the DRO to letting agents? I am getting conflicting information as to what checks they do, public or otherwise. Luckily I have a long term let but want to see…
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IVA and credit mess up
I’m 3 years into my IVA and I have a couple of times taken advantage of the salary sacrifice scheme at work. I’ve kept these to under £500. Declared them and been fine. Last year I had a mental blip and took out two. One to replace our dead dishwasher and the other for a Christmas present for my son. I thought these were…
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Change in debt solution advice please
Hello I've got an iva just over a year now.. My circumstances have recently changed due to Ill health so a reduction in my income. My iva payment hasn't changed though but one of their people suggested I would be eligible for a DRO which it seems I would be but unable to get any information as stepchange ECT cannot give me…
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Personal experiences with an IVA
Hi there, I am in quite a lot of debt - £24k on credit cards and overdrafts. I spoke to someone recently re an IVA and I was contemplating it, however after reading through info online I think I was told wrong information - I asked if the IVA was paid off before the term ends if it would be removed from my credit score and…
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IVA F&F paid October 21 but still not received completion certificate
Hi, I paid a off my IVA after 13 months last October and have been chasing my completion certificate ever since. The reason given for my IVA not being completed as yet is they are waiting for 1of the creditors to submit their final claims. The creditor is listed as HSBC but the debt was through John Lewis Financial, the…
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Daughters IVA
My adult daughter, who still lives at home, has an IVA due to end in June. She knows she is supposed to get a Completion Certificate at some stage but is wondering if once that is received if that means there will be no trace on her credit file afterwards. Also is she obliged to declare it or will she asked if she ever had…
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Debt Relief Orders and Home Contents Insurance
My home contents insurance is with Saga. I'm due to renew but the issue of previous CCJ and a Debt Relief Order has come up. They have priced my renewal at £95 per annum more than my current policy. I am shopping around for an alternative provider online and have had some good prices but the issue of bankruptcy always…
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IVA info please
Hi, I have £8,300 debt I have had to give up work for health reasons and can no longer afford to repay my debts . I have always worked and am worried about doing this . The man I spoke to made it all sound very easy . Is there anything I should look out for before signing ? Many thanks
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Paying off iva
I have approx 2 years left on my iva. I hate it, it was a big mistake. I had just had a baby when I took it out and honestly don't think I was thinking straight! Anyho, my original debt is around 14000. On my creditfox app it says I've paid 3500 and have approx 3500 left , wiping out 50% of my debt. Now someone has offered…
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IVA Question
Hello all. I’ve been in an IVA for about 18 months now and all going well. However, one of my creditors hasn’t withdrawn any of the money I’ve paid in. They also continue to send me statements (albeit without any interest added and no follow up). I wanted to know what happens if I complete my IVA and they still haven’t…
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IVA fee's
hello, i have been paying into an IVA for 5 years. my original debt was 50k, my IVA is for 96 months but my latest chairmans report says i will repay 69k over the durationof my IVA. is this correct? the whole reason behind an IVA is to help, this doesnt seem to be helping me.
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DRO: when will my credit report change?
Good evening all I am writing to ask about debt relief orders (DRO). My DRO application was accepted 6 months ago and is showing on my credit report with £0. All of my included debts are still showing on my credit report. I just wanted to check, is this normal? Currently I am in my moratorium year, will the included debts…
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StepChange Vs Payplan
Hi all, after reading numerous accounts regarding StepChange and PayPlan I thought I would put my current situation out there for some extra advice please. This week I have been in conversation with PayPlan who have offered me to enter an IVA. I understand the implications, and the benefits of doing so outweigh the cons.…
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IVA with CreditFix has just been extended?
It's been a very long time since I last posted but I could really do with some help. So my IVA was set up with CreditFix in Oct 2019. It was at a reasonable amount to start (£136) with but then over doubled (£277) when they did my first annual review. At my second annual review I pointed out that some bills…
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Can I keep my car on HP if apply for IVA?
Hi, all so the cost of living has swamped me, problem is we were in an IVA about 5 years ago as well sadly ended up like this again mainly due to pandemic, cost of living and some high-interest loans. Yes I know I've made a mistake again :-( I thought a DRO would be good, but not sure can keep the car, and also debt…
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IVA
Hi I’m thinking of an IVA with Financial Support Systems - £60k of Debt and hoping for agreement to pay £400 a month. The IP have asked me to pay the £400 ahead of the creditors meeting which is early April is this normal?
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Cars For DRO
According to Parkers my car for a private sale is under £2000 but over if sold at a dealer. What price should I go by? Thanks
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IVA
Hi me and my husband been on a IVA since 2019, my husband works full time and me part time but this last year my mental health has been affected so I reduced my days from 3 to 2 days a week and now my IVA company has said I have to seek full time employment what can I do, I can not do it.
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IVA yearly review
Question in regards to my yearly review - July will be my 2nd annual review for my IVA. I returned to work in Nov as part time rather than full time but forgot to inform the IVA company of this, so continued to pay £267 like I was full time. I have been earning over the 10% threshold of overtime whilst doing part time…
