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IVA and temporary contracts
Hi guys I was in the process of setting up an IVA but to double check this was the right option for me I called National Debt Line today. National Debt Line informed me that I cannot get an IVA due to the fact that I am only a temporary contract with work which finishes in July this year. When I mentioned this to my IVA…
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Land Registry
Not sure if I've got this right but it looks like a part of the contract of the IVA is for us to sign to agree for a charge to be put against the house on the land registry. (that fair enough I guess) - but told by CCCS today that a copy of the IVA (and everyone we owe money to) is also registered. Did I get confused with…
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What`s next?
I`m in need of help and advice. My 25 yr old still living at home took out loans when 18 ended up doing IVA paid for about 2yrs then lost job. Had a few letters but has heard nothing from any of companies since. Now wants to start own business. What`s the next thing to do?
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IVA to bankruptcy not sure if we can??
We had a phone call just before christmas from a guy from a insolvency company called uk restart, who has since tried hard to talk to us about our iva as he thinks we are in a position to go bankrupt....mentioning miss-selling etc We're with dept free direct which as a lot of you know isnt very good but at the time we…
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Coming to the end of the IVA
We are finally coming to the end of our IVA after paying for 5 years and releasing equity from our home with a silly rate interest only mortgage to 75% of the value of the property. Does anyone know if this is likely to improve our situation? Our IVA is/was with Debt Free Direct and I feel that they are a little bit of a…
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Please help - IVA review
Hi there I am hoping someone can help! we are due a IVA review soon and since we got the IVA our incomes have increased, I really don't want to have to pay in the extra as we are just about "making ends meet". Can someone post a list of all the I&E they look at and give me the maximum amounts I should claim, such as pets,…
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IVA when in Business
Hi I have a shop, which is leased and a number of suppliers who I am paying for stock. I have just been informed that if I go on an IVA then all my creditors (including suppliers) will need to be informed - this may affect my business so not an option I want to take. DOes anyone know that if I go on a DPA, do my suppliers…
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I have an IVA but want to move in with OH whose only income is benefits...
As the rather long title suggests... I'm currently living with my parents in their house, which is paid for. I have an IVA for about £30,000. In March I will be entering into my 3rd year of the 5 years. I want to move in with my OH, whose only income is benefits (INCAP £102pw and DLA £250pcm) Should I contact my IVA…
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A positive action you can all take
Hi everyone. I did something good this weekend. I joined a credit union. You don't often see them mentioned on here. No idea why really. It is a great idea, its a lending and saving co operative. By the people, for the people so to speak. It's basic function is to provide credit to those deemed "unwanted" for whatever…
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Iva Rescue?
We keep getting phone calls from 'Richard' at the 'British Association of IVA Consultants' - great name for what sounds like a body trying to cash in on the misery of debt. The very nice and Australian sounding guy tells me that the IVA has almost certainly been mis-sold since there was no privately owned property or…
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Getting a FTB mortgage after an IVA
Hiya Not sure if this is the right place for this, so feel free to move it if needs be. Havng been discharged from my IVA (long story short - had to take on out due to illness, couldn't do BR because of job) for 18 months, getting married this year, and having saved like a minx, I am ready to buy my first place. I am…
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churchwood
hi all my partner is currently in a dmp with churchwood iv bin reading on here that ya can get the same thing for free how would be go about this and wat would we say to churchwood sorry if i seem thick but i dont really know much about these thing any advice gratefully recieved
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Discharge from IVA
Hi,I am new to this site so please be a bit understanding. My son was discharged from his IVA at the end of October 2008.He had kept to his arrangement faithfully,he was paying £300 per month.He has been in the RN since May 2007.How can he build up his Credit Rating ? Any advice would be helpfull. Thanks joe
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IVA or DMP??
Hi, I am in a quite considerable amount of debt (not through frivolity but a career plan that changed) as documented here: http://forums.moneysavingexpert.com/showthread.html?t=1245793 After doing much research, I'm now at the point where I don't think bankruptcy is the best option for me. I am now strongly considering a…
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Bank Charges and claiming at the end of IVA?
I am currently in the final 10 months of my IVA. When I get to the end of it, can I try and claim back charges for the 1 year previous to going into my IVA even though it would be mostly against Lloyds who were my major creditor? I know that most of my charges came in the year just before I went into my IVA, would they be…
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Overpayments on Mortages during IVA
Quick question. As the interests rates have gone down and i'm moving on my SVR soon, which is a lower interest rate than the fixed one, i was wondering if overpayments are allowed during your IVA? Have been payinh x amount for 2 years now, can afford it and have worked it into my budget during the IVA. I would like to keep…
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basic bank accounts
am entering into an iva, need business and personal bank accounts, anybody any suggestions?
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New on here and desperately need some advice
Hi all, i will get straight to the point, me partner and i entered into an IVA in august 08 with 27,000 debt, arrangement was to pay 266 a month, however i have not returned to work after maternity leave as company closed down and not been able to find anything at the moment, also my partner has had a reduction in hours…
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IVA?? Which company??
Hi all. I have looking at an IVA for some time no and have tried to avoid it by alternate means of sorting out my finances. This hasn't worked and 12months later I'm in more debt and really struggling to pay and now missing payments for the first time as there is no money left. I owe. GE money £11000 (part of money paid…
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Our SOA. Comments and advice please!
Me an my wife have got ourselves in a bit of a mess financially and are thinking of going for an IVA so would appreciate some comments please. Below is our SOA at present. We got in a mess last year when we had at extension done on our home. We borrowed the money from equity in the house, but then ran out of money and…