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In IVA considering Bankruptcy
Hi, My partner and I are in a joint IVA which started in 2018. We've had 9 months payment holidays and it is now meant to end in June 2024. However, things have gotten more complicated. I was made redundant due to Covid lockdowns and I am still looking for employment. We receive some Universal Credit which is a huge help,…
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Having issues because of an Iva
My husband is getting a mortgage. He got accepted with a dip, but after around 6 weeks, his financial advisor has said that there’s some issues as I have an Iva. I’m not going on the mortgage bearing in mind. The financial advisor has said he’s trying to fight the case, but is putting into another mortgage company and is…
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Debt relief order and mobile phone contacts.
I am thinking about applying for a dro can anyone tell me if I can include mobile phone contracts in it.?
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Iva and partner moving in
Hi I’m hoping someone can possibly offer me some advice, I’m on an Iva almost 2 years in, I work part time and receive tax credits which obviously all counts towards income etc. My question is if my partner moves in with me in the future, my tax credit application then needs to be a joint claim with my partner - how does…
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IVA Annual Review & Gambling
I'm 28 and had my first annual IVA review in April 2021, currently paying £150 a month. Debts came to around 26,000 just from credit cards, loans, store credit etc. No mortgage, never owned a car so that's fortunate, I think. They asked for last three months' bank statements and payslips, and to review your income and…
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Mortgage after IVA
Hi all, having a nightmare here so hoping for advice. looking to sell my property and with the equity in my property clear some debts and out a deposit down. I have debts and my other half completed an IVA in October 2019 (it’s come off his file). Can anyone reccomend a broker that can help and not muck us about?
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Help needed!!
Hi, brief history. I entered an IVA in September 2018 and haven’t checked anything to do with my credit report until recently. I was under the knowledge that any lenders in my IVA had to put the account into default which would stop my report showing any missed payments. All the lenders involved have done this except amigo…
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Creditors meeting 5th Jan
Hello all, Been watching this forum for some time now and finally ready to post about it. I have been struggling with debt for a while and actually came to the realisation this year mainly sped up by COVID and furlough situations etc. Anyway I have been dealing with Stepchange and they have been amazing. I can’t thank them…
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Re mortgage during iva for full and final offer
Hi I've been thinking about trying to end IVA early by remortgaging. I have equity in my property and would need to attempt this anyway towards the end. I am paying £340 a month into the iva, have 16 months left plus i will need to pay another year or release equity. I have recently got my mortgage statement and have…
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iva answer or not
I am waiting for the DRO increase to come in place. I understand my iva must be failed before I can do this. I have my payed my iva for 2 months now . This past week they have constantly rang and left voicemail. Do I return their call and let them know my plan or just leave it a bit longer? Or send them confirmation now I…
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IVA DLA & UNIVERSAL CREDIT
Hi All I have just entered into an IVA through payplan. The original agreement took into account my son's DLA money and offset the whole amount to his care needs. Since then I realised my son was also entitled to an additional elememt of Universal Credit. I informed payplan and they have increased my monthly payments…
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Moving home
Good afternoon Currently in a DRO, due to finish September. Myself, partner and toddler have just been accepted for a house move through an agent, we have a close friend that has been incredible and offered to be a guarantor on my part. My partner of 3 years is really really careful with money so no chance of my guarantor…
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IVA help
Hi all, Long story short I need to look into an IVA. Due to Covid and being off work for nearly 12 months I have massively struggled with keeping afloat. Who am I best getting one with? There are so many companies when I search IVAs in google. Also how impossible is it to move house whilst still in one? If we have equity…
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Student loans while In an IVA
I posted a while ago about getting student loans and maintenance loans whilst on an IVA. I got a maintenance loan which got paid into my bank (around £1500 over the course of the year). However, I never bothered to phone up Student Finance before I started getting the payments made to cancel them. This got paid into my…
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Do i get an IVA
I am really in need of some advice please. I have debt at the moment of about 11k on loan and CC. I have looked into an IVA but have muxed feelings. Please can someone advise if they have either had one or recommend one? Thank you
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Equity Release & Covid
Hi, I am in year 5 of my IVA and the company has contacted me re equity release. I don’t want to go down the road of remortgage but I am happy to continue to pay for another 12 months - I read somewhere that due to covid the debt management company can’t make you remortgage does anyone have any more info on this? Thanks
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Completed DRO. Need advice on credit record clean up.
Thanks to both StepChange and the help of posters here I applied for a DRO which was granted on 25 September 2019 and which completed on 25 September 2020. My credit file was something of a mess prior to the DRO completing (largely due to some debts still showing as defaulted with default dates after the date of DRO) and I…
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DRO not appearing on my Clear Score credit report?
Hi, I was granted my DRO in March 2021 but my credit score hasn’t changed and all my creditors are still showing on the credit report showing I owe the full amounts still? No defaults are showing either and nothing looks like it’s changed at all on the credit reports? Just wondering if this will change or when it will…
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Mortgage after DRO, am I right in this?
Can I just check something please... I had a dro 6 years ago, so it has now dropped off all my files that I can find. When I originally got the dro it was billed as a mini bankruptcy, however now I'm looking into it, it seems that legaly it's a different thing. I couldnt find my name in the London gazzette, do dug into it…
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DRO creditors
Good evening you lovely people Just a quick question to run past you, in case i need to act further. I am currently in a DRO, due to finish in September, all was fine amd straight forward. I received an email from a completely different company saying my debt has been passed on to them now and want to arrange a repayment…
