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Debt Free Direct Ltd IVA and Aperture IVA
Hi there! Wondering if anyone else has experienced anything similar to this?? I have received a letter from Aperture IVA regarding an IVA I had a couple of years ago with Debt Free Direct Limited, which must have been finalised a good 5 or 6 years ago. They acquired DFD in Sept 2017 and apparently after reviewing all of…
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Can I get a mortgage after my IVA
I took out an IVA in Jan 2015, I paid off the IVA in April 2017. I believe this will no longer be on my credit file come Jan 21? 6 years I'm desperate to get a mortgage so my ex doesn't sell my home, I've been told the lending market will open up to me after the 6 years (Jan 21) and I won't pay a premium for borrowing. Is…
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Mortgage and DRO
Hi, I was discharged from a DRO order in October 2015, due to drop off my credit report October 2021. My partner and I have started to discuss buying a house in the near future. We are both 30 this year and are keen to buy and feel a bit more settled. We have a £40000 deposit and are looking at houses in the £150000-160000…
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"I have no history of bad debt"
Due to some ill-advised decisions and a small problem with impulse control, I got myself into a fair amount of debt and rather deep hole in my youth. Thanks to the help of this board, I entered into an IVA in 2000 and completed the IVA in 2007. I left the country to work abroad in 2011 and I am looking to return to the UK…
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Emergrating and iva
Is it possible to emergrate to Australia with an iva? It would be with a new partner and I hope to offer a settlement figure from selling my property prior to moving /applying but how does this affect a visa application etc?
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Moved: IVA High Rate mortgage. Remortgage
This discussion has been moved.
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After Completing an IVA
HelloI completed my IVA in Feb 2020 and now wish to improve my credit score. How can I go about this ? I have heard that the IVA still appears on credit reference agencies records for another year after completion ? if correct does this then automatically dispear after the 6th year? Lastly would it help to send a copy of…
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Car finance just cleared. Now the IVA folks want that value on top of the usual monthly amount.
I financed a car at £150 per month prior to setting up my IVA. I'm now three years in and the car finance is settled. My monthly IVA payment is £200. The latest payment went up to £350 and was debited from my account the month after the finance was settled. Is there anyway to negotiate this back down with my IVA…
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Two yearly Reviews?
Hi all, I'm wondering if anyone can shed some light on a situation I have with my IVA I completed my Anual review over the client portal back in October and received my Anual Report to Creditors in December. I thought that was all over until next year, however,..... I have received an email from my IVA company two weeks…
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Barclays stopped my switch to natwest due to IVA
I have today queried with Natwest why I haven't received the Switch incentive for going to them. They have now come back stating that Barclays stopped the switch process because I have entered into an IVA. Hence why I haven't received £175 offered to transfer. I was totally unaware that this had happened, admittedly I had…
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IVA advice please
Hi guys, long post warning! I had a car crash a few weeks ago and wrote off my car, I received £1880 from my insurance. I emailed Aperture to advise them of this and that I would need to purchase a car ASAP as I need to get to work. A few days later I bought a car for £2100, I needed a reliable car as I commute 66 miles a…
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Moved: Advice, asap, please!
This discussion has been moved.
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Difference DRO and bankruptcy
What are the advantages of choosing a DRO over bankruptcy? i know bankruptcy is several hundred pounds and DRO is less than a £100 but the DRO sounds much harder. with bankruptcy you don’t have to get all your debts listed, it doesn’t matter if you left one out. But DRO if you forgot to list one then you still owe it?…
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IVA and PPI query
Hi guys, Sorry if this has been posted before i have been looking for some advice on this. I completed an IVA in 2016 and got my completion certificate, at the time credo claims were looking into ppi on behalf of the IP and i understand anything that was due would go into the IVA but any interest would be paid to me. I…
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Recommended Insolvency Practitioners for Overseas Clients
Hi There Does anyone know of a good Insolvency Practitioner who possibly specialises in dealing with people who are now located overseas (and who is a Chartered Accountant) and wishes to enter into an IVA? Many thanks in advance
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Payments increase
Hi I have a IVA with payplan and the payments keep going up. from £150 To £350ish. I am open and honest with the budget and keep them informed on any changes. But the new amount I cannot afford to pay and me and my wife I've checked the budget seems ok but we live on the breadline and the extra £190 They want we honestly…
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IVA advice required
Back in 2014 I entered into a selling IVA with StepChange, which was completed in June 2015 when we sold our house, and I used my side of funds and paid this direct to StepChange. Fast forward 5 years, and it it now clear that a substantial amount of this fund never reached a unsecured loan that we had with NRAM. Heliodor…
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CCJ issued during IVA
I completed my IVA at the end of February gone, my credit score has just dropped 90 points. On looking into this I can see a county court judgement has been added from September 2017 at a previous address. This is the first I know about this zero correspondence, no previous inkling that this was going on. I know a CCJ cant…
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Advice - is an iva a good idea for me?
Hi looking for advice. Me and my wife have a combined roughly 60k debt (excluding car finance and mortgage) its all loans and credit cards, most of which have been passed on to debt collectors. It’s 15 accounts/lenders, although a few have been passed onto the same debt collectors. If I were to pay them all monthly it…
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IVA increase after car finance finished
Hi! My IVA is due to increase by the amount of my car finance which is £92 in November when that’s paid off. However, I had an accident on Friday and my car has been classed as a total loss, my remaining finance will either paid by my gap insurance or out of my claim money. However my problem is now that I’ve had an…
