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DRO advice
I've just had a DRO approved, around 20k debt. I'm unemployed struggle to hold a job down for a few years due to depression and long term health condition, basically thinking i can work out this rut but ended up pretty much breaking down cant hold a job or be around people for more than a few days. So i did the DRO as need…
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IVA lump sum settlement fees
Hello all, 5 years ago I took out an IVA to help with debt problems. I have just completed unsuccessfully the remortgage clause and was told I could make 12 more monthly payments. At about the same time I took voluntary redundancy so I am now being told I need to pay a lump sum settlement which below is the breakdown of it…
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IVA F&F Sprout Loan
Just wanted to give my experience on clearing my IVA early using Sprout Loan. I had done so much research and appreciated people posting their journey, which is why I am sharing mine. I have spent 15 years juggling historic debt and carrying it around like a ball and chain! Our combined debts were very high for many…
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IVA now wants equity on the house
My partner and I are not married. But we do have a mortgage together. He ended up taking out an IVA 4 years or so ago to cover the debt from his ex-wife. He is the main income earner, I'm self employed but don't bring in more than £500 per month. We have 19 years left on the mortgage, and fixed for a new deal in January. I…
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DRO - Appointment next week
Hi, I've spoken to CAB and they have advised that a DRO might be for me, I've got an appointment next week with a DRO caseworker, just wondering what information I need to give them if anyone can assist me please? Cheers
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Step Change recommending IVA?
Hi all, Looking for a sanity check really because I'm at the end of my rope. Basic numbers are that I'm £59,000 in debt, pay £1,150 a month in repayments, have a joint mortgage (£191,000 on a £230,000 valued property) and am left with about £150 a month after all payments. I've never missed a bill but I'm at the point…
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Moved: Paying debt management plan balance
This discussion has been moved.
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Moved: Debt advice for moving abroad.
This discussion has been moved.
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Missold IVA
I finished an IVA just over a year ago, this January I had an email from Missoldiva.org saying I may be able to claim back some overcharged, it then said I'd receive a document from a big law firm 'Taylor Rose' with a document I'd need to sign...i haven't received anything, so I rang Taylor Rose and they said they deal…
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Contact creditors after 12 months or 15 months after DRO?
Hi there. My DRO ended in December and just curious about the post DRO cleanup. So far only a couple of my creditors from my list have updated my credit file with 'satisfied' and closed, a loan and an overdraft. Then one credit card removed the sum owed, showing zero and just marked it as 'Delinquent' but still open. Is…
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Expired Debt Relief Order - Am I able to get a job?
My Debt Relief Order (DRO) expired a few days ago. I am currently semi-retired. I am interested in looking for part-time work. Will I now be allowed by the DRO Office to seek employment, please? Thank you.
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IVA or DMP on Maternity
Good afternoon, I need some advice. I have debts totalling £8800 and currently on maternity leave so cannot afford to pay more than £50pm on my current DMP. I spoke with Payplan to update on my current situation and they were advising either an IVA or Bankruptcy. Prior to being on maternity leave, I was paying £541pm on…
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IVA best choice?
I have debts over 40k , no assets,living with partner housing association. Work full time , debt spiralled interest etc spoke with advisor about options not sure which is best! Currently planning on IVA not sure if best option plz help! Is it best to let creditors chase me and arrange a payment to them?
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Private Van Insurance with IVA
I'm having enormous difficulty finding insurance for my van because of my IVA...I cannot afford 12 months up front....does anywhere just do 6 month cover or any advice please?? Thanks
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IVA Certificate for HMRC (completion 2010!)
Hi I am in a messy dispute with HMRC, I have had a bill from HMRC for tax they say I owe from 2001. They said it’s been linked to an IVA which I had from 2005-2010 so they’re assuming I didn’t complete my Iva. This is incorrect as my IVA was completed and in fact I had a mortgage in Sept 2011. I cannot get a copy of my Iva…
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IVA Completion certificate delayed by 9 months
Hi, I wondered if anyone could offer any advice on whether I can take any action against my IVA practitioner. I recently completed my IVA back in June 2024; it was extended by 2 months due to a bonus I received the previous year. Other than that, however, it ran perfectly with no other missed payments or extensions. I…
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Address changed on credit file by company whilst in a DRO
Hello, I'm not sure of this is the correct place to put this but I'm looking for some advice. Last week I received a notification from my credit report that I had an address change. When I logged on I can see that one of my creditors Intrum Finance UK have gone ahead and changed my address on file with them. I hadn't…
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IVA - not cleared after 8-9 years
Hello, my partner and I are trying to get a mortgage. His IVA was taken out in 2016 with vanguard insolvency. He had a phone call and of 2023 to say it had been completed. However, we have now found out that the company who took it over, Ebengate, have kept his file open, stating he owes money still, however shouldn’t this…
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Iva
If i owe £6.000 left on my iva but I get inheritance of £20.000 does the iva take all my inheritance, I been told different things from people who don't know. Also on my iva I have bills I've already settled as they hounded me for it first year so paid off lower ones..I'm currently finished my 3 year, two more to go
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On a DRO but tax now deducted from salary
Hi everyone, I sought advice from you previously regarding my eligibility for a DRO. I have just been approved. The advice you provide here is extremely helpful so thank you. However I have just checked my payslip before my payday on Friday. I have noticed that the council is taking the tax back from my salary even though…
