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Completed IVA - Insolvency Register
Hello, I got an early settlement loan for my IVA, I received my completion certificate from the IVA company on the 7th of September and was told that my name would be removed from the Insolvency Register after 3 month. I know it has only been just over 3 month however my name is still on. Should I wait longer to see if it…
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Scottish power refusing to update credit file after dro
can any can anyone advise what to do? Scottish power refusing to update credit file post DRO and when disputes raised to update they are saying the amount is still payable. I have tried raising complaints with the company and raising disputes however keep getting the same spiel many help much appreciated
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Home owner
My ex has applied for an IVA. We own a house together that is on the market through voluntary repossession. I have been told that I have to sign a form to protect the house from the IVA. The house is currently under offer at £20,000 more than the mortgage. Can anyone explain to me how this is going to affect any money that…
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Leaving IVA for a DRO - Questions
Hi All, I have cancelled my IVA by letting it fail as I now qualify for a DRO. The variation meeting to end my IVA agreement is on 25th January 21. My questions are: * How long after the variation will it take for my IVA to drop off the insolvency register * When can creditors start contacting me once the variation has…
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IVA Closure Delays
Hi all, I'm having trouble getting my completion certificate from my IVA practitioner. I paid my IVA off 2 years early and final payment was made 20 weeks ago and still nothing. I've emailed them numerous times to request an update on where they are and all I get back is their process of how to close an IVA not where mine…
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IVA's and Salary Sacrifice
Hi There. I am currently in the first year of my IVA and have been doing some research this week on IVA's and Salary Sacrifices. Unfortunately I am unable to find a concrete answer to the question I keep asking (Maybe it's just me). Here's my predicament - I have a car that is 14 years old and has 170k on the clock. As…
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PayPal won’t close account a year after DRO ended
Hi all, just wondering if anyone has been in my situation or knows what next steps I can take? The moratorium period on my DRO ended in February of this year, since then all accounts other than PayPal have been marked as closed in some way. PayPal is still showing as open and updating monthly with a default date of July of…
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Been advised to wait 3 months before submitting my DRO
Hi there i moved into an adapted property in October as im disabled and used my credit card to pay the removal company as i had no one else or money to do it which was £600, stepchange have asked me to wait 3 months before submitting my DRO but my barcode will be ready next week sometime as they say it is a big outlay on…
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Who was my IVA with
Hello, does anyone know how I can find who arranged my IVA? It started in 2014 and is ended but I haven't kept any paperwork. My bank statement shows I paid Debt Support Centre and a ref number but the one I called in Manchester said the ref isn't one of theirs.
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Inheritance
Hello me and my husband are due to recieve a hefty inheritance. Which we know will have to go to our iva. We have paid in for 2 years our originals debts were £60k Now we know we will have to pay back our original debts of the £60k minus any payments we have already made. We are with credit fix but what we can't seem to…
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IVA Queries
Hi, I am currently 3.5 years into an IVA with Payplan. I have been pretty lax with things and I have decided I need to be more proactve so I know where I should be. I recently have secured a 8k payrise - I have not yet informed Payplan of this but I would need to provide the payslips at my next review. With the payrise in…
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How long to set up a DRO?
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.
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Advice needed ASAP plz
Hi there everyone, I am 4 weeks away from my 12 month DRO period ending (can’t believe how fast it’s gone) anyway I am a bit worried as a job has come up at a local school only doing 12 hours a week and I’d really like to take it as that opportunity isn’t likely to arise again, and it’s perfect for me, my only worry is…
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Considering entering an IVA but not sure if this is the right thing to do.
So I am currently in around 37k of debt. Bank loan (obtain previously to pay off credit card debts which later reused) Credit cards One store account I am a single mum of 3 and I am overwhelmed with embarrassment that I have let it get to this stage. I feel like a terrible person. My goal is to be able to afford to live…
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Renting after an IVA
Hi, I hope someone will be able to help. In 2017 I got into an IVA after raking up a hefty debt on multiple credit cards (I was very young and naive). In 2019 I was able to complete my IVA early and have been debt free ever since. I have not missed a payment for anything since the end of 2016. I am currently living with my…
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IVA ending, how it impacts new mortgage
Hi, my IVA will end in Feb 2022 I know technically it will still impact my credit score for another year. My question is will all accounts included in IVA will get closed? I am aiming to get mortgage next year as well, how will bank look at me now? IVA done, but still visible? My credit score is very poor because of it,…
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Help my ex husband is in an IVA
Rather an off situation but I hope someone can advise me what to do. My husband and I have been divorced nearly a year, separated 18 months. I had money before we were married and we entered into a pre nup. When we divorced we didn't close our joint accounts though there was nothing in them. Last week I close a joint…
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DRO debt sold to collection agency.
This has made me quite angry but Newday has sold my credit card debt to Lowell even though this debt was included on my DRO. My question is can they do this?
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Sprout Loan for IVA
Hi, I’m currently 29 month into a 60 month IVA, I’m considering getting a sprout loan to end it early. However, I don’t know whether I can approach sprout loans or if I have to be referred from my Iva company? Has anyone had any experience using them? thanks
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IVA & BRAIN TUMOUR
hi, my partner has been in an iva for nearly 3 years now, he has just been told he has a brain tumour, he has not seen the consultant yet for care plan, surgery etc.. but is worried that when he gets put onto statuary sick pay, the iva will default. He had insurance but iva company made him cancel it. Any suggestions on…
