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Insolvency register
Hi been in iva 5 years 5 month now. But still waiting on aperture if I should try and release equity or potentially 1 more year. But my question is will my name come off the insolvency register after six years if I still after pay for another year
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I’m desperate for advice help please!
I am going to be 29 years old next week an I’m in a financial mess! I owe £11.126 pounds in loan, catalog and cc debt ( all together) currently paying £350 a month just servicing debt and unable to make a dent to it. I am currently working at a supermarket and making around 1200 a month with overtime but cannot get this…
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CCJ and DRO
Good evening all I'm looking for some help with a ccj and dro. I had a dro which finished in February 2019 and two of the debts on the dro had ccj's attached to them. These two debts do not exist anymore as they were written off by the dro. I have spoken to the companies and courts that issued the ccj's about having them…
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Is DRO still visible on file after six years?
Can the DRO still be seen on credit file if over six years old? if so can it affect credit applications if over six years old?
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How soon after settling an iva can I begin rebuilding?
I will hopefully be able to settle my IVA soon so I’ve been reading through some of the posts here advising ways of rebuilding your credit score after an IVA. There’s been some excellent advice, but I am still a bit unclear on how soon I can start this process after my final payment? Would I need to wait until I receive my…
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Circumstance change in IVA
Hi, I have an IVA and my husband also has one, this was only agreed on 30th March. Was looking forward to a much easier life with more disposable income than before. Now it’s looking like our marriage is irretrievably over and I would like him to move out (we have a mortgage together and also 2 children who I don’t want to…
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DRO and HP agreement
Hi, I hope someone can help me. I am considering applying for a DRO, as I am in a lot of debt due to a previous relationship. We could afford what we took out together but on my own I cant. It is all in my name so there is little way I can get any money from him. I have a car on a HP agreement that is worth more that £1000…
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Debt collector during pandemic
Hi, I am currently in the first stages of setting up an IVA. I have had letters from my debtors saying they may and have passed my debts to a collection company, I would like to know if they are allowed to appear on your doorstep in these uncertain COVID-19 times, I have been trying to call the companies my debts are with…
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Overtime/key worker
I have been doing overtime as I am a key worker and work for in the civil service. Due to the Coronavirus I have been supporting the organisation by doing extra hours. Usually you can earn 10 percent of your wages extra but after that it’s 50/50 split with the creditors. During the Pandemic I have heard that due to being a…
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Re-Mortgage and secure loan in the last 6 months of an IVA
Hello I wonder if anyone can advise me re a re-mortgage/secured loan. I am in the last 6 months of an IVA and have been asked to release the equity in my home. If I apply for this with my current lender will this cause issues for my existing mortgage please as I realise I will probably be turned down. Thank you in advance.
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Worrying about losing my car
Hi just a question I am in the process of setting up an IVA with 18k of debt. Have been told I will be able to keep my car which is worth just under 10k and was a gift from my parents a couple of years ago. I need the car to get to my job and also get my children to nursery and school etc. Look forward to having some…
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Have dro also company right off
What I owed Lowell said they right off what I owe them but they still reporting on file as not paid kind of thing can Lowell day sell those debts and then I get chased again or because they said I don't owe it they won't sell will be debt free November 4th then I'll have to do a credit clean up I been here while lurking…
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Any delay on DRO applications
I’m thinking of starting a Dro application and was wondering if there are delays with the higher numbers of defaults at the mo
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Iva. And Coronavirus
Hi all I’m currently paying into an iva and wondered if anyone had been able to take a payment holiday from theirs? Husband is furloughed, son left college and now my daughters home as uni has finished and can’t get work. 4 adults in the house and only 1 income at 80%, plus my benefits. I will approach the iva company and…
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Starting a Limited Company after a DRO
Hi, need some advice.. How long after completing a DRO am I able to set up a Limited Company? My DRO finished around 12months ago and I've been given an opportunity to work freelance but have been advised that I need to invoice through a limited company. Am I eligible to start one up?
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IVA and the implications on your credit file
I'm just after some advice really. About 2-3 years ago, an IVA was added to my credit file due to an old student account I had with Barclays. I hadn't used the account in couple of years and they had added charges each month, I paid irregularly over the years but always kept it under the overdraft limit. anyways it goes…
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Creditors continuing to chase us
So me and my wife decided to enter into DROs last year, my 12 month period ends in June and my Wife's ends in November. Both of us are continually chased by creditors, I have had to change my mobile number as a result and we have unplugged the home phone. The main culprit for both of us is TM Legal who continually ignore…
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Creditfix IVA I no longer can afford, kind advice please
Hi There....any advice on this situation I would really like to hear it please. Background.. 3 years ago I left ex husband because he was racking up debt in my name (along with other things!) I left the marriage with just over 13k in debt, I paid it for a year and struggled paying it. I then went and spoke to a debt…
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IVA HELP
Hi. I've done five year's in the iva and may after do another year if there is no equity release. But when would you receive a completion certificate. Would that be after 5 years or 6.
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Iva help please
Hi I've been in a iva 5 years but might after pay for another year if I cannot release equity. But my question is,is this removed from your credit file after six years
