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Post D.R.O
Hi I'm wanting some advise on this please..my dro ended sept17. I've recently received some money from a family trust..the trustee/solicitor has sent a form to claim tax back on what's been paid.. I'm bricking it because I didn't know I was receiving this money Its classed as unearned income..will it have an effect on my…
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Dro accepted. Gas and electric question
So my dro recently got accepted, my gas and electric were included on my dro. My contract with the provider end next month and I am wanting to switch providers as I’ve had nothing but problems with my current provider. Just wondering if it’s possible for me to switch even though I've included them on my recently approved…
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Question about employment
My partner is thinking about getting a dro after mine was accepted. He has a load of debts from years before we were together and it’s raking a toll on our money situation even though my debts are getting sorted. The only worry he has is if his employment will be effected with the dro? Will he need to let work know about…
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IVA Mortgage questions
Hi all, I unfortunately developed a rather expensive habit(gambling) over the last 4 and half years and finally faced facts and gotten the necessary help and have started the process for an IVA. I've got a question in regards to mortgages. My fixed rate ends in February next year with Nationwide. Me and my wife have…
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End of IVA & PPI
Hi - wonder if anyone can advise. We are 1 month away from our final payment of our IVA (6 years) which is great. Recently cleaning out our loft we found some old financial papers which all had PPI attached to them. Bearing in mind August is the deadline for PPI could we just go ahead and put claims into these old…
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IVA Payrise
Hi, I have only started paying into an IVA just under £200 a month. However low and behold only started into it and my circumstances change take a change for the better. I have now the opportunity to work overtime more regularly meaning I could earn around £600 a month extra. This fairs well to my future career with this…
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Dro and council tax arrears
I received a dro on the 13th of August 2018 which included my council tax bill for 2018/2019 as they had asked for it upfront so could be included. On the 20th of August my partner and kids moved in. We notified HMRC , DWP, even went to council put in a joint letting application for housing. I received a council tax bill…
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Capquest claiming I owe them money after 5+years
Hi all, after reading a few other threads regarding a similar issue I’d like some advice on my situation, so basically was in an Iva from 2007-2012 which I completed and received the completion certificate in January 2014, however yesterday I received a letter from capquest who brought the debt in 2009 from abbey national,…
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IVA not showing / Credit card still are on credit report
Hi guys any help would be massively appreciated I have just finished my second year of my IVA and was looking through noddle at my credit report My IVA is not currently showing on their. I think this maybe because when the company raised it the used the shortened version of my first name Chris not Christopher. When I…
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Obtaining a DRO
My partner and I have been together for 4, nearly 5 years. He is in 4K of debt. This debt was all before we met. He got made redundant and has since been unable to keep up the payments, they agreed to him paying £1 a week when he was claiming contributions based job seekers. He is no longer able to claim anything now aS I…
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advice
hi abit advice needed after speakin to pay plan enquiring which they went through all the budget for an iva i was left 270 amonth to pay to my creditors how likely will this be accepted when we are 45k in debt total if i was to go ahead
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Dro advice please!!
I am applying for a dro very soon but I was wondering what happens with my bank account. I have an overdraft so that will also be in the dro so I'm guessing I will have to apply for a basic bank account elsewhere. But when should I apply for one and also will all my benefits etc just be switched over or will I need to let…
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IVA for my Husband
Hi, If my husband were to enter into an IVA, could the insolvency company take my earnings into account or make me pay? We’re are not financially linked in any way. No joint bank account or credit and the debts are in his name only. Thanks in advance.
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iva help
hi i was just wondering will it effect an iva getting accepeted by creditors as alot of my debts is very recent and pretty large loans as i dramactically had a serious change in circumstances
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help please
hi im looking into an iva as my cicumstances have dramically changed. i av loans store cards overdrafts around 19000 i have also recently took out a new car on pcp 35000k literally a month ago. any advice as volkswagon want 17500 if i give the car back they also gave the option of me sellin the car but even so a stil would…
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DRO and bank account
Hi, I'm still plodding on and slowly getting everything sorted to apply for a dro. Just one question I need answering please. I have two bank accounts a Lloyd's classic account with an overdraft facility which I dont use and a Halifax account, no money is owed to these companies. The Lloyds account is used for benefit…
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Need some advice please.
I recently spoke to a debt company who have arranged to send out a DRO pack to me so I can sort out my debts. I explained that this month I wouldn't be able to afford the repayments and they suggested I speak to the creditors. I did this but the creditors have said they wont accept not receiving money until the DRO is in…
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IVA F&F settlement proposal - concerned about incorrect creditors
Hello, So I've been working on a F&F IVA lump sum settlement with a windfall payment from a family member. The proposal has been drawn up, approved by me and is now in the process of being sent to creditors. I've started going through some old paperwork now my I'm mentally starting to feel a bit more together, and realised…
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DRO time frame
Hi all, My DRO was submitted 4:30pm on Wednesday evening. I know the ‘time frame’ is 10 (working?) days but I was wondering if anyone knew whether it is likely to be 10 days or if anyone’s have been approved sooner? I ask as on Monday I had Bailiffs on my door and it really is a race against time. I’ve been advised to not…
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DRO and HSBC Current Account
Hi, I have received some forms today from SC to apply for a DRO. I have just recently opened a current account with HSBC (less than a week). When the DRO is approved, could HSBC downgrade the account to a basic account or freeze the current account at all when they find out about the DRO? To add, I have never taken any…
