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Can anyone offer me Step-by-Step help with getting Debt Relief Order??
Ive decided that the time has come to stop ignoring my debts and get Debt Relief Order to get them all written off for good!! :o However getting a DRO doesn't seem as simple as claiming benefits, and so i was wondering if anyone/many people can help me step-by-step where i need it please?? I know all the facts about what…
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Want an IVA - chance of success if I pay A LOT back
Hi, I currently owe around 24K, I've been on a DMP since Feb paying 290 a month but it really is crap. I pay argos 13 quid a month and 12 quid interest goes on each month, I pay my overdrafT, 25 quid, but it's over the agreed limit of 1000, I spent 1200 before I got on the DMP, so each month I've probably paid nothing off…
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payment for DRO?
Hi, I have recieved my barcoded letter from the insolvency agency and am confused about the payment and cannot get hold of my CAB advisor. It says something about payment should be made in 10 days of date of letter. But you can pay in installments. Can someone tell me if the full amoubt has to be made in that 10 days or…
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year 1 review scared
please help me , have been in an iva for a year now, have just been asked to do review of i&e for our mortgage we put down 1395 per month, 895 we pay as intrest only to building society & other 500 we save to pay off mortgage at the end of the term.We have now been told by friends that we cannot do this as the 500 should…
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DRO - Informing OR of change of circumstances
I need to update the OR on a change of my income, having recently started to receive Mat Allowance - but our tax credits dropped with the last payment by £150 difference and are still awaiting the renewal to be completed as well as any difference from the last tax year to be sorted - then we are expecting a second baby…
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Creditors meeting tomorrow
at 11.30am. Keeping everything crossed that its accepted. I'm paying back 55p in £ so hoping thats good enough for them. Wish me luck.
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Thinking of an IVA
Hi so i've finally faced up to the fact that i'm 25 with £38k of debt which i just cant see a way out of anymore, i've juggled it for long enough, i feel like an alcoholic at my first AA meeting! anyway, i've worked in banking for years, i recently resigned and got a job in a building society instead which means i can get…
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How is Windfall deducted from IVA?
I have an IVA for 6 years. I owe 27000, but am paying 200 pounds per month over 6 years to pay it. It states in the IVA agreement that in my 5th year my home which is mortgaged will be evaluated to see if equity can released. Before this, if I receive a windfall of 4000 pounds, how will that be deducted from the IVA? Will…
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So confused, in IVA , got problems with it, may go bankrupt, help please :(
Hi everyone:wave: i am new to this site and i hope someone can help me ....... :S .... I am currently in an IVA. I am paying £150 for 22 months , then £230 over 38 months, with payplan. I did not realize this at time until i had signed and IVA was accepted ( silly i know ) but i had been advised from payplan it would be…
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IVA v DMP - I really need advice
I could do with some advice - maybe from someone who has been in the position of being on a nver ending DMP and wondering why on earth they didn't go down the IVA route. I have been on a debt management plan for almost 2 years and whilst this has given me control over finances again and I have always viewed it as positive,…
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mortgage help needed please
Hello, I'm a newbie and wanted some advice please! My husband and I took out a repayment mortgage 2 years ago and have never missed a payment. However, last May I entered into an IVA. Our mortgage deal ends soon and we really want to stay with our current lender and move onto another fixed rate mortgage, but I'm concerned…
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2nd thoughts about iva?
hi all me and my husband got our iva approved end of december so only been in it for 4 months but im not sure its working this month in particular we barely have enough food for the month ive had to borrow some money off my dad because i had to pay for car tax i thought they worked out monthly budgest including those sort…
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IVA finished, now what?
My iva finished november 2009, I have recieved my completion letter, but still cant get anywhere with new credit. Enquired at my bank (Barclays) about a credit card but credit score not good enough, and now have had 2 mobile phone networks refuse me contracts, 1 even refused a £15 a month sim only pack even though I…
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iva questions -
hi there, to start with my i thank all on this forum for advice i have already read. i and my ex partner are considering an iVA as a way of managing the debts we have accrued debts. we bought a business which has now gone into liquidation but we incurred loans/CC debts when we where trying to keep the business afloat. we…
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Letting agent and IVA
I'm shocked! I posted in the house renting section yesterday about our problems with even getting viewings for places to rent. Finally we got a viewing yesterday, but the letting agent doesn't want to touch us now because I told them I completed my IVA in F&F in March i.e. I have now been discharged!! Doesn't make a…
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DRO ends tomorrow.....how should my credit report look?
My DRO ends tomorrow (fingers crossed):T, and I have just had a nosey at my credit report. The report overview says amount owed £0, and all creditors listed as default......is this correct?
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Trust Deed
I was wondering if someone could help me out. I have recently been discharged from an IVA (2008) and in that time i have been attempting to get my rating on the up. I have however noticed that information on experian is very wrong so been busy tryin to sort that out!! Can some please confirm when the info will leave my…
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Cant have IVa
HI we been in debt management for two years with Payplan today we got what a lot of others seem to be getting which is Marbles starting to charge interest again. (wonder if the government told them too!!!) ANyway with the interest we will now never be able to pay this debt off so we thought we would look at an iva spoke to…
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problems renting with iva
hi I'm currently living at my parents house and was due to move into rented accommodation next week however it looks like it has fell through as I was not accepted by rentshield due to having an iva.I made them aware of this on my application plus the new landlords were aware of this and everything was ok. Had good…
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help on an iva please
my wife has just been told she can only get an iva if both our income and expenditure are shown ??!! let me explain we live together for a finance point of view only and we have sepetate accounts and no financial asscoiation - its her house so surely this is not right that they ask me to be included ? i have stated i will…