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Help! Chased by creditors included in DRO
Hi all, A bit stuck and keen for some advice. My husband took out a DRO in 2017 with Stepchange completing the application. This was discharged in 2018. Since then one of the creditors has continued to send letters demanding repayment. Often receiving 8 demands per month. They have refused to accept they were part of the…
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Default Account
Can anyone help please? I had an IVA which was settled in Sept 2016 But one of the accounts still shows as a default with a balance. The original account was with Everline who were bought out by Ezbob. I believe the parent company is Orange Money & I have written to them at St John St in London but the letter came back.…
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Credit Card details disappeared after DRO notification
As the title says, I checked my bank account this morning and the credit card (Lloyds Bank) which was part of my DRO has disappeared off of my account. Is this normal? I don't have access to it at all, it's gone! Is this part of the DRO process? Is this normal if a card is 'frozen'? My DRO was accepted a couple of days…
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Do you have to inform official receiver that you've resigned from your job? (DRO)
I know you have to inform about changes in circumstances which increase your income or assets, but is this something I have to inform them of seeing as I'll be worse off temporarily? My DRO was approved earlier in the month. The reason is due to health, potential constructive dismissal, and breaking of covid rules (as…
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IVA vs BR Costs that affect the creditors
Hi, I am currently looking at my options and have spoken with step change already. Despite them being very helpful, I felt a little bit pressured into making a decision which surprised me having read all the good things about them. Anyway, nothing major, just a note. I am happy that an IVA would be more beneficial than BR…
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Iva acceptance
My IVA as been approved, it was £276 originally but My IP is now telling me that the info they got is different to the creditors so it’s going to be £417. My IP said to me they can bring it down with a 15% discretionary drop to £355 per month. Can anyone advise on this 🤔 !!
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Will executor
Can someone in a IVA be a executor in a Will?
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Thank you
Evening all I just want to say a massive thank you to each and every one if you that has helped calm me down after a long winded process, my DRO has been granted, i feel a huge weight has beem lifted, and can't actually believe i can almost start my life again. Thank you thank 😁
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Charge on property
Hi In need of advice/help My dad recently underwent a kidney transplant so his health is far from great. I’m trying best I can to understand his finances and importantly what is owed on his property. During our conversations he mentioned an IVA but also having tried and failed to get the charge on the property removed. Any…
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DRO History Checks
Hello, Can anybody tell me how far the checks go regarding the past 2 year history of repaying creditors? I'm about to apply for a DRO but Im worrying I will get rejected on the basis that over 18 months ago I was temporarily repaying a family member £50/month (it was a loan to fix my car) and I declared this on my…
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Charging order
My late father had a charging order placed on the house - land registry shows this was in favour of Arrow Global. Numerous emails and conversations later and I’m no where near having this order removed. Arrow’s last email said the debt was sold to Pamplona and need to contact them. Sick of getting passed pillar to post -…
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Will be boyfriend get through referencing..?
He has had an IVA for two years now, never missed a payment, always paid rent on time at his place etc We'd love him to move in to my flat - the landlord is happy with this but the letting agent is running a reference on him. We're really worried that his IVA will ruin his chances. The letting agent has put him down for…
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Help with debt in Scotland
Hello i live in Scotland and have about £22k of debt. Basically four years ago I had a breakdown and went mad on my credit cards even to the point where I wasn’t buying things but just donating to just giving. I start university this autumn and will have tuition fees to pay direct to the university every month and whilst I…
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54th month in iva
I got a phone call from the iva practitioners in the 56th month stating I had to pay another 12 months onto my iva. Are they in breach of their contract by not advising in the 54th month?
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Please help with IVA query - nominee changing outgoings?
Hi all. Hoping I can get some advice please. I am a homeowner since Dec’2019. I purchased my property using HtB and therefore the government has a 20% stake in my property. I am in just over 32k worth of debts, no defaults or missed payments as yet but I have had a couple of repayment holidays because of Covid. I’ve…
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Would cancelling my DRO and paying off debts increase my credit score any time soon?
Hello, Long time lurker here. I've read some great advice over the years, thank you all, hoping I can get some advice to a specific question if poss please... My husband and I are half way through a debt relief order but my grandfather has decided to sell his house and is considering giving us £25K for a deposit on a…
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IVA and redundancy payment
My company have been making redundancy and I took up there offer as chances are I would likely be made redundant anyway and thought going early would be the better option. I discussed this with my IVA supervisor and was told I could keep 6 months worth of earnings, the redundancy offer was lower than 6 months so I accepted…
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Creditors with the most money owed
Hi all I need some help. I have 8 creditors and 7 have agreed, the creditor I owe the most money too are being difficult (council) if they say no does that mean the whole thing won’t be approved even though they’ve been out voted? Thanks
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Anyone Else got their iva meeting next week?
Mines tomorrow and I’m feeling extremely nervous today. Don’t know how I’m going to get through work tomorrow, god I hope it’s approved 😬
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Creditors meeting
hello all First Post! On the day of the creditors meeting for an IVA do you hear back the same day about the decision? Today is the day!
