-
iva review question
hi we are currently filling in the paperwork for our 2nd review. i am unsure how to work the income out correctly. they have asked us to provide 3 months wage slips, now if you take an average income from just them it works out higher than if you work it out over the year (not by much admittedly but i want to get this…
-
New and in need of help...
Good day everyone on the MSE website... I hope you can take the time to read my little thread as I am in need of your help and support. Over the years I've managed to get more and more in debt and now I have moved in with my girlfriend, with baby expecting, I need to face the harsh reality that I'm in over my head, about…
-
IVA -settling early
Hi there I was wondering if I'd be able to get some advice regarding ending my IVA early. I am currently coming up to the end of my third year into an IVA (just gone through my third review). My original debts were around £21,000 and I have no assets. My payments started at £197.50 per month but then I received a large pay…
-
Need some SOA help
Hi, I've just been sent my first review for my Trust Deed (Scottish form of an IVA) I've been in it for 14 months and this is the first review we've had! I need some help filling the expenditure out. Also the income part for myself. I'm a stay at home mum. My partner pays my trust deed on my behalf. The form asks what your…
-
CCCS & PayPlan recommended IVA's
Hi All, It may be just me, but it seems like CCCS and PayPlan are recommending IVA's for quite a lot of people (me included). It would be very difficult to know for sure, but a gut feeling would be a reasonable number of the recent visitors to MSE have been recommended it. However, the consensus opinion on MSE/DFW seems to…
-
IVA Review
Hi all, Just about to come up on my first year of an IVA with Debt Free Direct so i assume ill have a review? What does this entail and what sort of things would i have to do for it? Thanks. Tom
-
IVA Advice
Hi I'm new on here and wondered if any of you have had any dealings with a company called Baines & Ernst, any information good or bad gratefully appreciated.
-
Iva Possible If Debts With Dca?
Hi, can anyone please advise I am thinking I would like to start a DMP however I am boardering on entering in to an IVA cccs have recommended both - my question is if my debts get passed to dca's and i decided to enter in to an iva at a later date would I be able to do so or do the debts ahve to be with the original…
-
Off the Cuff
Sitting mulling the situation over - as you do, and I was wondering....... With the current climate as it is, do you think if debtors were offered a lump sum as a full and final payment, would they take it and run, or do you think they would be inclinded to stick around and draw the lifes blood out of you? My DH has a DAS…
-
help needed please!
hi ive got my iva meeting in the morning and im pooing myself , im really scared they gonna refuse it, m not sleeping and i am really stressed any advice welcome thanks:confused:
-
Should I switch from DMP to IVA
Hi I currently have a DMP through CCCS which I have been paying for 2 years. I originally owed about 56K (gulp!) and now owe in the region of 45K. I pay £343 per month and have regular income. The predicition on the site is that this will be paid off in March 2020 - which is horrific. Would I be better off switching to an…
-
IVA diary
Hi everyone There are tons of diaries on the debt-free-wannabee forum and little here so I thought I would start one as it may help others? In October I realised that there was just no way I could continue the way I was. Robbing Peter to pay Paul, cutting back so much it was unrealistic, constant panic and sleepless nights…
-
HELP..Can you claim missold Insurance on loans and credit cards.
This might be a stupid question but no-one seem to have the answer but I'll ask again, My theory is that when your paying a IVA you are paying for the insurance that you have been misold , but the fact remains that you have paid for the "mis sold" insurance and over charges up until the point of the IVA starting...so can…
-
Considering an IVA Beware!
Only enter into an IVA agreement as a last resort. They don't always reduce the amount you owe, though they stop interest accumulating. Look into the IVA provider carefully as there are a lot of cowboy firms out there such as SPWCA dot co dot uk who charge extortionate fees, all of which are added to the repayment total.…
-
Debt Narrative advice
Can anyone offer any advice for the IVA proposal - we have to compete a 'debt narrative' explaining why/how the debts occured. It doesn't sound right to say I came out of work following a bereavement in which I began (and still continue) to experience panic attacks due to my anxiety levels that requires ongoing medication.…
-
Can I get back my Insurance if I've been misold and Im on an IVA
Really short and simple question ,but can I reclaim my mis-sold insurance on credit cards and loans if im on an IVA?
-
HELP NEEDED IVA, OR Bankruptcy
hiya, where do i start 5 months ago i entered into an iva due to my money problems i was in a job with a take home of £330 pw, 3 months ago i changed jobs to save my wife and children staying with me but my new job has a take home of £761 a month... working tax and child benefit went up but my change in circumstances meant…
-
What if im off work ill?
hi there i was wondering if anyone can offer me some advice, i have recently had to take a week off work and so will be short in my wages. I currently have an IVA with baines and ernst/ blair endersby i was wondering if i contacted them do you think they would help me out and maybe let me miss my next payment or maybe…
-
iva nad overdraft
We entered in to an iva in june, before it went to court we opened another bank account with halifax, it has an overdraft which we use on a regular basis. Does anyone know Is this going to cause problems with my iva down the line or at my annual review.
-
About to enter IVA - INFO PLEASE
Hello, I am about to enter an IVA as I have £74k of debts (through several credit cards and an overdraft). I have been in touch with the CAB and the National Debtline and wandered which one would be the best one to use? There also seems to be quite a few mentions of the CCCS on this forum. Would I be better to go through…