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What is an iva
I've been offered an iva to clear and manage my debts how does it work
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Ex-Partner IVA advice
Hi, I'm hoping to try and get some (helpful) advice regarding my ex-wife taking out an IVA. We split up almost 6 years ago and had an unsecured joint loan together. The joint loan had 2 years left in October 2020, but when I checked my bank the monthly direct debit hadn't been taken. I called them (Halifax) and was advised…
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Credit file clean up.
Hi all, Looking for a bit of advice. Not long finished my IVA, and looking into cleaning up my credit file. It's not looking to bad apart from a credit card account that was part of my IVA but is showing as "Current" & not "Closed". After fishing out my paperwork it looks like the debt was sold. Who do I send my polite…
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Iva Q&A
Hi all couple of questions: 1) How long does an IVA take to appear in your credit file. 1) Why are creditors that decided not to vote on IVA, still sending me letters saying I have missed payments ?
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Iva annual review
Hello, I was just wondering how long it normally takes (I’m aware it will be longer due to the pandemic) to hear back when you submit an annual review. I’m with Aperture and on my last review there was no changes in income or expenditure so nothing changed. This year I have started a new job where I earn a bit more but…
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IVA and Inheritance
Am I able to pass the proceeds of my late fathers estate to my partner, thus avoiding my iva taking it all. As from what I have already read, I believe its possible to pass inheritance my children to avoid inheritance tax.
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Extending my iva
Could someone please advise me on what to do,my iva has been switched to another company and i have till thursday to decide if i am going to extend for 2 or 3 years😡i was with aperture with my iva i rang them in january 2018 telling them i couldnt afford the payments i was told to fill in an expenditure form and they would…
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Insolvency page dro
What does it look like after the 12 month does it just say the end date and that it thank you
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Miss- managed administration on inheritance that should have been paid into IVA
So, I finished my IVA two months ago and received my certificate of completion and final report last week. Upon looking at the final report I noticed that some inheritance I was due hadn't been paid into the IVA, worried the money had gone missing I phoned the solicitor dealing with the estate, and was told they still held…
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Trust Deed and Credit File
Afternoon all, hope you can help with my question regarding my credit file. I entered into a Trust Deed in Jan 2016 and was discharged Jan 2020 at the 4 year point. At the 6 year mark, Jan 2022, this will fall off my credit file completely. My question is, will I be able to obtain a mortgage then? I’ll have circa 25%…
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Free help
How can you get free help with a IVA seen loads of websites dont know who to trust don't have the money to pay for help if I did I wouldn't need help in the first place. Got into loads of debt with my ex let her use my name to get credit to keep her happy know have children with a new woman but loads of debt harassing me…
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ccg
We where advised all debts are included within an iva but now have two payments left to finalise and have been told that we have to pay a ccg
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Cleaning up credit file after IVA
I finished my IVA successfully in Aug2020 and the IVA will be removed from my credit file from March 2020. Did a credit check through credit club and wanted some advice. I looked at credit report under credit accounts and found defaulted accounts. Should these be removed by the offending parties or would they be logged as…
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DRO accepted
Not sure how I feel. I sent my application off to StepChange 7th September and had my DRO granted by the OR today, all sent via email. Thank you to those who helped me with my questions! I really appreciate it. My name isn't on the IR yet, imagine it will be in a few days? I am happy, but feel it was too easy. I suspect…
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DRO & Ltd Company
Hi All, Currently looking at entering a DRO. (Have CC debts of around £17k). However I've received some confusing information from StepChange. In short, I'm the Director of my own LTD company. Business is in the arts so suffered horrifically because of Corona, and income has dropped to nothing. I have hopes in the coming…
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IVA and joint mortgage
Hi I’m hoping someone can help me. I’m in around £50,000 worth of debt. A Lot from when I had a business which has failed. I’m thinking an IVA is the answer however....please don’t judge me.....my husband does not know how much debt I’m in. I don’t want him to know about the IVA but we have a joint mortgage which we’ve…
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DRO & mobile contract?
So looking to send my documents into step change for DRO and then pay the fee. I have a EE mobile contract and have never had late payments and always up to date, Will i be able to keep this? Thanks :)
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IVA Approved! My Journey.
Hello All, I thought it would be a good idea to post my experience of the IVA process as when I was searching for information if was very limited or outdated. It came to realisation in May 2020 that I was in a pickle, I had lived beyond my means since I got my first credit card at 18. By the time I finished my studies and…
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Iva and pension
I looking into taking 0 out an IVA, my question is will this effect my husbands pension and Army pay out ? He will have completed his 22 years service 6 months before my Iva is finished and he will be given a lump sum payout as well as being able to claim his army pension. The Iva will be solely mine but will my husband be…
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IVA and Old joint account
Hi, Firstly sorry for my english. I want ask for advice, me and my wife was using joint account. Now I'm in IVA last 3 months. That join account was affected to IVA for overdraft. And there is problem, bank account is on my side part of IVA but my wife didn't have IVA. So bank can want from her to pay this overdraft. When…
