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Applying for a DRO
Hi, This is my first post and I’m sure this has been covered many times before so please accept my apologies. I am trying to sort out my debt problems and take control back. I am working with Step Change and they have advised that a dro might be the best option. My problem is my figures for my debt are very close to the…
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IVA - Salary increase
Hi, I know this question has been asked a million times, but I'd like to present my question. I'm due to join a new company in the coming weeks and am expecting a salary increase. I'm trying to understand whether I need to let the IVA know if this change/increase now or wait until the annual review? My annual review is due…
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IVA stress
Can anyone help?? I'm 6 years into an IVA which was extended until next May due to ill health my mum has passed away and I will be liable for the full debt that I started with regardless of the fact that I have so far paid over £10,500 into my IVA I have been told this is not deducted from the original debt.
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Help to Buy ISA after a DRO
My initial 12 months is almost over and I'm planning for the future. The past 12m has been a real eye opener, and without the burden of debt I have been able to make some real changes. I am hoping to soon have a better paying job which would make buying a house a reality. Has anyone had any luck opening a Help to Buy ISA…
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DRO & wifes pension
Morning folks, excuse me if this is a dumb question, at present I'm eligible for a DRO, however, in August my wife will have access to a substantial private pension, will this bar me from being able to apply? Thanks
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iva , 4 years and starting to rethink my tactics
Dear all Please can you help me with some advice/ tips? I have a history of large credit debt, ( many credit cards, consol loans, payday loans, ) and following a failed dmp, I entered into a 5 year iva (equity clause applies) The iva is large 73k is the total debt and so far only 63k is proven. The iva proposed that I pay…
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Selling house, waiting for IVA certificate - how long?
We had an offer accepted on a house months ago, the sellers told us after this that they are in an IVA agreement! They have apparently now made their last payment and are waiting for their certificate so have taken their house off the market – it’s only been a month since their final payment, I understand that the…
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DRO now daughter awarded DLA
Hi, My DRO started in December, my daughter has just been awarded DLA, also now entitled to extra tax credits. I am reading mixed things about DLA being considered as income for DRO. Know I need to call them but love to hear any advice. The money will be used solely to improve my 6 year olds quality of life. Many thanks
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Iva or dmp
I'm £26,000 in debt and I'm so scared. My options are bankruptcy which scares me to death, an IVA or DMP. I want to be able to have a life but not be paying debt back over more than 5 years. Need advice? Im single live in a rented 1 bedroom flat. I have a stable job where I earn £1600 a month. I have no real assets like…
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prioritising bills
I have started the dro process and need a little advice regarding prioritise dept ( paying one item and not another )
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DRO and employment
I'm still in the process of sending my application to SC. SC has asked if I am employed. I am. Do I really need to put my employer's name and address down? I prefer not to as I am worried they contact them about my debt. I work for a pharmaceutical company, therefore, the debt won't really affect my job, but I'm just…
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Thinking of doing a DRO. HELP NEEDED!
So I’m thinking of doing a DRO (if I’m accepted) and needed help with a few things if anyone could answer I’d really appreciate it. My story - I have around 18000 worth of debt over 7 different loans and credit cards. This has been built up over a period of 11 years. From been a single parent, having hours reduced at work,…
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ESA error arrears and DRO
Hi, I'm currently slap in the middle of my DRO 12 month period and this morning received a bulky letter and form from the DWP regarding a 9 month claim to ESA in 2012/13 stating that there could have been an error in me being paid cont based only. From what I can gather, this is something quite a few people have been…
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Aperture- urgent thoughts please
Hi everyone I sought advice from the debt support trust as they were on the list of Martin's recommended calls. An IVA has been established as the best debt assistance which I am happy with. She referred me to Aperture. What concerns me is the way Aperture are handling it. I feel like they run 100 miles an hour on the…
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Help ... I think I've been scammed
I have recently come to the end of my moratorium period on my DRO. I've got a credit builder credit card and my score is going up ... even though everything I read seems to indicate the score means b****r all. I also applied for this thing called Step Card. After giving them my bank details and my address etc I looked on…
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Is it worth it?
Hello all. So, I suffer with severe anxiety and mental health issues. I buried my head in the sand and ended up with a CCJ and 9 other debts. I have amassed debts worth £5838. I won't give too much story about my self away but, I feel in a position mentally that I want to take my debts seriously and sort them out, but I…
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Not it sure of best option
Hi, I have various debts of around 16k which many are from years ago (12 years)t I accumulated when my husband left and my business failed. I am now re married and my husband has a good salary but these debts are nothing to do with him. I work part time and have kids. What is the best way of sorting these debts out without…
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Credit file after dro
Hi, I'm new here. I'm hoping someone might be able to give me some advice. I was discharged from my Dro in July 2014. Most of the creditors that were included in my Dro have updated my account balance to zero and my accounts are showing as settled. However. I am still having problems with 3 different creditors who are…
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IVA & selling house
Hi, we are just waiting for our completion certificate - 6 years in IVA. We are looking to sell our house soon, would this be affected by the IVA even though it is finished?
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Additional Employment during IVA help.
Hello, My husband and I have recently entered into a joint IVA with Stepchange. All payments are coming from his salary. Due to ill health and family commitments, I have been unable to work for the past few years. I am hoping to be able to return to employment within the next 12 months. My question is, will I be permitted…
