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Confused With Experian
Hello all, Can you help me with my credit file as I am now more confused than before :) I got my file through the post today and even though I have 2 years to go on my IVA, I wanted to make sure the default dates were showing. However, the IVA is there is shows start date and end date currently 00/00/0000 but I can't see…
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In IVA and Student Finance for my son
I am supporting my son's application for Student Finance. On paper (salarywise) I could afford to contribute but in reality, due to IVA, there is no spare cash. Has anyone got any advice/experience that could help me with this?:(
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Been/going through a Debt Relief Order?
Hi, newbie here so be gentle! I've currently booked an appointment with the CAB to dgetting a DRO. I have debts of £8000-9000 with 5-6 creditors. I have a permanent job that starts in around 4 weeks as I am waiting for a Criminal records check to go through. I will only be on £1200 a year and after a six month period of…
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Protected Trust Deed Scotland
Has anyone got experience of one of these? It is something we are considering as we have nearly £50k unsecured debt (bad I know) and don't want to lose our house. Just wanted to know if there was anyone out there is well into the process that can offer any tips or advice.
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IVA and Cars don't mix!
Hi I wonder if anyone can help with some advice. I have one year left of my IVA to go and I desperately need to lease a car from the end of May. So far I've drawn a blank and there are so many companies that promise to be able to get you a leased vehicle even with credit history- but which one to go for???? Does anyone…
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DRO do they need 3 months bank statements?
I am worried because even though I am on income support I have been silly and spent on take outs and ebay etc instead of bills which is one reason I am in arrears. Can they refuse me with a DRO because of my sillyness? :S Sorry I meant to ask what they are looking for in these statements?
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Anyone come to the end of their DRO?
Right so a year ago DROs came onto the market. Did anyone on here get one in April/May 2009 if so how has it beene have you finished it yet?
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Trust Deed firm liquidated and I'm stuck in Trust deed beyond the 3 years!
Hello All, I hope this wee story either warns/helps or just the sharing enlightens you all to a pretty sticky problem. I entered a trust deed in Scotland 3 years and 4 months ago. I paid the agreed £500 per month for the full 36 months until this January 2010. Now, on contacting my trustee, I was told that the original…
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MOC on friday - do you think it will be accepted??
OK, MOC on friday for IVA. We owe £45k, and in the IVA agreement the creditors will receive 68p to the pound back once we have done equity release in 5th year. Creditors are HSBC, MBNA, Ge Money, Nationwide, EGG, Natwest. Do you think it will be accepted? We own out home, have £133k mortage, house valued at £180k, tried to…
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IVA Question
Currently in a DMP with CCCS paying £329 per month on debts of around £73,000. We had a review last night and our payment is going to increase to £358 per month. At the end of the review the lady i spoke to suggested we should look at doing an IVA as on the DMP it would take almost 16 years to pay off. Is £358 a realistic…
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Confused - can somebody help.
I an currently having the proposal drawn up for an IVA. There are still a few tweaks that need doing, however the monthly payment at the moment, spread over the 60 months totals more than what i owe (plus charges). Is this correct? Does it mean the IVA ends once the total is paid (early in this case). WIll be getting a…
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Help with IVA's xx
Hi my fiance and I are looking to co-habit/get married within the next 12 months, we both have seperate IVA's approx 1 year old, can i get advice on ? how much our payments might increase,( by what percent of the slightly increased joint disposable income we would have,would we be expected to pay),also are there any…
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3 YEAR REVIEW OF IVA, EQUITY Release (single IVA but joint Mortgage)
Hi, I'm looking for some advice or to hear from someone who has been through something similar. I have an IVA and joined the IVA whilst single. I then met my partner and due to him being able to put down a deposit and being refered to a mortgage lender through my IVA provider, who would consider me with bad debt we were…
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Proposals have landed with Creditors
Hello, I am not too sure if this is normal - and do I need to advise my IP? My proposal was sent to the creditors and they have received them since Monday - I have been receiving calls from a few of them - leaving a message, asking me to offer them an amount in order to settle my debt with them (had I had the money I would…
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Redundancy payment
My husband is being made redundant and he is currently 0n the 3 and a half year period of a 5 year iva. We understand that the iva has said they will take 50% of any windfall but we are not sure whether this is to cover original debt or to cover amount still on agreed iva. Roughly he owed 55000, iva was set to pay 20000…
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IVA Bank Account help please
Hi - we have started the ball rolling with an IVA, opened cashminder accounts etc BUT we have an alliance and leicester joint account, DH has a santander cc that will be in with the IVA - will we need to close this account? Can i ask for his name to be taken off or will it mean, as its a joint IVA, that its a bad idea?…
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IVA payments and emergency bills
My partner and I have been in an IVA since July 09 and after bills / food petrol etc. we have little or no cash spare each month and although this took us a while to adapt to, we coped over xmas / special birthdays etc. etc. The thing is now, our car is in desperate need for 2-new tyres and the rear brakes doing; We…
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Token payments
Hello I have my creditor meeting booked for 5th May. Do you think i should bother sending out my token payments on 1st May? Bearing in mind that every other month- i've sent the token payments and on most accounts it doesn't show until at least the 18th (don't know why but its been a pain in the a**e being chased every…
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Can I reduce my iva payments
At the moment I am suffering severe financial hardship. I have been in an iva for eighteen months. However, in December my partner lost her job and since then we have been struggling to pay rent as well as utility bills. At the moment I am a couple of months behind and am worried about court action. Would I be able to…
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DRO's & unsolicitated phone calls.
My home phone number is ex-directory and registered with the TPS. I have posted in the past on the IVA thread about getting unsolicitated calls offering me an IVA. These appear to have stopped and I am now getting daily phone calls from a witheld number asking me to press #2 to find out more about writing of my debts if…