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Now IVA In Place Breathing Space To Consider Other Options?
First post, looking for advice not judgement - I am where I am. This time last year I was under the weight of £69K in unsecured debt with all savings depleted and working in a much lower paid job. I was no longer able to service the debt payments and was just recycling debt to live, it couldn't go on. After taking the…
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Charging order on property
Would really love some help I have had a charging order on my property since 2007 I think I have been caught up in some bad practice from back in the day the property I had was back in 87/88 I walked away from a bad relationship leaving him in the house it then got repossed in 89 and then resold in March 92 I was the…
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Guarantor Loan
Hi, I am after some advice. I am one year into my IVA and all is going ok. I had a guarantor loan which was not included in the IVA as my parent was the guarantor. So payments were being made through them. Now unfortunately my parent has passed away a short while ago. I am devastated and the last thing I want is that debt…
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Advice please😊
Hi all, I am currently in my 12 months DRO which won’t finish until dec this year, I just wondered where I would stand if my child Maintenance is increased? My ex has had a pay rise there fore he will prob pay a little more due to this. This isn’t set in stone but if it puts my DRO in danger shall I refuse the extra? Have…
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Mis-sold IVA
Hi, I recently entered into an IVA for around 13k debt, I am a home owner and was advised that as I was struggling with my debt an IVA would be the best option for me. Although i had debt which was tough, I was struggling but managing. I never missed a payment to my debtors and didnt miss bill payments. I had a very good…
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IVA help and Annual Review Questions
Hi all, When my debts got out of control and I started the process of entering into an IVA I suffered a mental health crisis and was off work. Step Change were aware of this, and were fine since I said I would be back to work before the IVA was in place. However when I started back at work they requested I did a phased…
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IVA and needing to move to a new rental house
Hi me and my partner have both been in IVAs. Mine is settled last year via full and final any my partners is still active. We need to move In June out of our private rented house to another property. Are we likely to fail the checks ? We both have steady jobs and I have a pretty good Salary. We’ve never Missed a payment in…
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IVA/DMP help
Hi guys I am considering taking out either an IVA or a DMP due to the fact I am now paying probably a third of my income towards debts. I am not behind on any of them - however I am only making the minimum payment on my credit cards and the amount is not showing any signs of going down. I wanted to consider a DMP as our…
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Dro - car
Hi I’m just looking into different debt options as I have around 10-12 thousand pounds of debt. However I have a car through assisted car purchase scheme from my employer. Would I be able to get a DRO with this? Thanks
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Help how do I find my IVA record
Hi! I am living a nightmare as my IVA ended in 2011. The IVA company was Blair Endersby, then it went to Bains & Ernst but then I found out in 2014 it went to Grant Thornton. The reason I’m asking is my IVA never sent me a completion certificate, I moved and they didn’t inform me of anything more. UNTIL I found out a…
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Gifted a House
Hi Everyone, Hoping someone here can help please? My wife and I have just been gifted a house, we have the the keys and we are the registered owners. The issue is my wife is 2 years into her IVA, she has spoken to them in regards to this but they said they could not tell her what would happen until we own the house but…
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would matched betting be possible / allowed whilst on a DRO?
Hi everyone, my first post here after a long while reading / spectating. . I've been speaking with Step change for a few years and considering going for a DRO. One thing that worries me is the inflexibility of earning more - I currently come out with about 1000 after tax and child maintenance. I tend to have around 200…
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I'm free! DRO has completed
My DRO has finished today! I'm finally free, thanks to everyone for their help on here. I'm confused by the Insolvency Register as it shows the following Currently Subject To Debt Relief Order : Moratorium Period ended on 24 January 2021 Does that mean it's done? I thought there would be a more meaningful message to go…
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Lump sum IVA
Hello I am wondering if anyone can help me. As you may have read I am in some financial difficulty but own a large asset including a large chunk of equity. One of my options is a lump sum IVA which would write off all of my debt. Including my non secured and my secured debt, not including my mortgage. This would cost me…
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IVA or stay on DMP?!
Hi all, I was hoping to gain some advice from you lovely people. I started a DMP a year ago and have been fine paying this every month. I have been given a small amount of money and want to pay off the debts that are still accruing interest but then carrying on with my DMP. I have completed my annual review (I'm with…
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Iva advice and taking name off mortgage
Hi me and my partner are separating. We have separate ivas but our home is in it to obviously to remortgage or have another 12 payments to make. Could he get took off the mortgage and get another i&e and then I would need to apply for universal credit has anyone got any advice if done this please or help thank you
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Iva - more than one payment break??
We had a 9 month payment break with my baby. We've got 2 years left on the IVA and I've just found out I'm pregnant again. Will we be allowed another payment break or will the iva fail??😫
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‘Set aside’ date
Hi i have been on a debt arrangement scheme (DAS scotland) for just over 2 and a half years. All my payments are up to date and I still have around 3 years left. I just received an update on my clear score account saying my Credit report had been updated and ‘set aside date’ of feb 21 has been put on it. It does not offer…
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Moved: Selling my house
This discussion has been moved.
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DRO granted but UC joint claim started
Hi, my DRO was just accepted today but within the last week, me and my partner have started a claim for Universal Credit as he’s now lost his job. Technically we are worse off now because of him losing his job, than when I filled out the DRO paperwork so I still will be left with under £50 at the end of each month. Do I…
