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Joint Mortgage And Single IVA
Can someone tell me if my wife refuses to agree to any remortgage or funds being raised against our property, how can an IVA provider expect equity to be raised from this source ?
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Considering IVA
Hi. Wondered if someone could help me i have accumalted a large amount of credit card debt (£45000). I have tried to remortgage and take some equity out but unsuccessful. Im considering a second charge but this is likely to cost £260 p/m for 30 years (costing me £90,000) a friend told me to consider an IVA which i have…
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IVA sold on and they want me to switch from DD to CPA. Do I have to?
My IVA is in it's final year and it has been sold on to another IVA provider. I've always paid by direct debit but they want me to switch to recurring payment on my debit card. I'm uncomfortable with this and I think it is unnecessary if I have never missed a payment in 4 years. Can I refuse and stay on DD?
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IVA advice - this is all new!
Hi all, As I’m sure many of you may be in the same boat due to COVID etc I am at a point where I have had advice from numerous IP’s regarding an IVA. I now unfortunately feel like it is my only/best option after running through every other option. My question is which is the best company to go through an IVA with? I was…
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CreditFix vs PayPlan
Hi all, I am about to agree to progressing with an IVA and I am torn between CreditFix or PayPlan. Both have very good trustpilot reviews and have been very helpful so far. I am asking for for constructive feedback about pro's and con's from personal experience with CreditFix/PayPlan (including the annual review process)…
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Credit under DRO
Can anyone tell me is there anything stopping me taking out a new mobile phone contract if I have gone through a Debt relief order as my credit file is letting me?
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Creditor Refund
Well.... I've received an email from a creditor saying that they shouldn't have lent to me and I will be getting a refund, my issue now is I signed everything and sent back for a DRO yesterday. I am now what looks like going to receive a refund for a creditor or my list. What will happen with my DRO? The refund amount…
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Missed payments before DRO
So, I stopped making payments towards my debt at the end of January when I started the process of getting a DRO and I'm receiving a lot of phonecalls already. I have pretty severe anxiety so just don't answer but I've checked who they're from. Anyway, my DRO is about ten days away from me making the payment of £90 but I'm…
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Bankruptcy or wait to see if DRO limit increases
Hi, I’ve been reading the forum for advice for a long while now. I have debts of around £28,000 , rent my home and had set up a DMP which I have now had to stop due to a significant change in income. Stepchange have given me lots of advice ( I haven’t yet sought help for this). I have been since December 2020 preparing to…
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Banks Accounts with a DRO
Hi all. I'm currently in the process of going through a DRO. My question is bank accounts once the DRO is accepted. I currently have a joint nationwide flexbasic (this was originally for bills) we then decided to open a joint natwest silver reward account for insurance etc. I have a sole account with natwest that I…
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IVA and Credit Report
Hi all, Apologies if this has already been covered on here, but I have been doing some digging and yet cannot find a satisfactory answer as of yet. I have been in my IVA with Vanguard/Ebenegate since 2017, projected to finish in August 2022. I have also signed up to Credit Karma and Experian credit reports, but there is no…
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Dro credit report
Hi, I was granted a dro on 8th February 2020 so I'm relieved that the 12 months is now over with. I didnt check my credit report in that 12 months, think I was too scared! Today I have just checked it and it states.....3rd July 2020 court date then underneath it states 3rd July 2021 set aside.....what's that all about,…
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Can a bank withhold your money on an IVa?
I entered into an IVA on 14/12/20, it was suggested to open a new account with a new bank. I have done this with TSB, I then transferred money to this new account. They are not allowing me access to these funds without a letter from my IP (step change) giving me permission to access the funds. Are they allowed to do this?…
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Could I lose my home.
Hello everyone and thanks in advance for any help. I am currently working with stepchange in regards to my debt, but it is in the early stages, I’ve completed their SOA and now I need to call them, hopefully they will be working tomorrow if not I’ll do it Monday. My situation is this, I brought a home with my partner 9…
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Woolard Review - change coming?
Some changes proposed are: Across the UK there are multiple regulators covering different
aspects of debt advice and debt solutions and it is essential that
this does not lead to divergent outcomes for consumers who are in
financial difficulties. The FCA, Insolvency Service and Accountant
in Bankruptcy (Scotland), with…
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Help please
Hi, thank u for reading this, please be kind in the comments. (Mentally unstable right now tbh) so I am in third year of Iva and I have applied for a loan to cover the Iva. Now the property belongs to my husband who bought it before marriage and everything concerning that is in his name, I am trying to prove that it never…
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DRO budget questions.
My DRO application kind of stalled because of the way the budget sheet works through stepchange. I found it hard to separate some costs and as I've been struggling, I've been going without most things so wasn't sure what I would budget for things. also my ingoing money can slightly alter, they have put a figure for child…
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Requesting payments after Iva settled
Hi, basically I took out an IVA in 2015. The company went into administration and was took over. That company then went into administration and was took over again. In 2018 my income changed, I called and called and couldn’t get through so emailed several times with payslips. Fast forward 2 years (with no annual reviews…
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Disability Money??
Good evening everyone,I currently have an IVA setup but my income is possibly about to change. My payments to the iva are worked out from the two benefits that I get, ESA and DLA. I have been informed that due to my condition my money will go up as i am classed as severly disabled by the government. The extra money will be…
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Guarantor for IVA
I have an IVA due to being a Guarantor for my son. I'm 2 years into it and as a homeowner still have 4 years left. I have continued to make the £170 a month payment even though I was furloughed for 10 weeks last year due to Covid. I included my credit card into my IVA also. What I'd like to know is can I claim that as…
