-
Advance on universal credit
Could anyone tell me if an advance on universal credit is counted as obtaining credit with regards a DRO. I just applied for 501.75 and approved, odd figure I know but it was rent and a cushion until first pay,until first uc payment next month. My DRO is ending third week of April so have i just scuppered things up asking…
-
End of IVA
I have been in an IVA for nearly 4 years and as i approach what they are calling the final year they are now asking me to produce my complete bank accounts (statements) for the last 3 months. My undertanding is my bank account is my private info. I have no problems providing my last 3 month payslips but do object to them…
-
Dro preferential treatment
Hi I need advise I have just received my dro application and stepchange have put yes to preferential treatment of creditors which right at the beginning I said I had paid my door step lenders money whilst I hadn't paid the other creditors. One door step lender was paid with continously payment authority up till December…
-
IVA Miss selling
Hi All, I'm towards the back end of my IVA after four years of hardship. I am looking back at the payments I have made (incl. Interest fees and broker fees and IVA fees etc...) and I can't help but think that i was miss-sold my IVA when i first took this out. I was in a sticky situation where I owed £300 to QuidQuid, £800…
-
IVA or DMP
I have debts of around £19,000 live with my partner and we own a home, I work part time and support my son who is 19 and disabled. I have been advised by one debt management company to set up DMP but advised by Payplan to go for IVA my question is as I own half of the house with my partner and we have 5 years left to pay…
-
Being messed about by StepChange, looking for TRUSTWORTHY alternatives
Hi, I've been looking in to getting a DRO and decided to go with StepChange. I filled in the form on the website, got a ref. number, downloaded the form, but I had a couple of questions that needed answering before I sent in the form - basic questions anyone might ask, nothing at all to do with personal circumstances or…
-
IVA and Mortgage
Hi all. I'm after some honest and hopeful help in relation to my status. I have an IVA that was approved and started in April 2018. My wife and I of 7 years currently rent and desperately want to buy our own home as our rent is so expensive. I'm 47 and used to own a house with my ex over 11 years ago so I'm technically not…
-
CCJ's still exist after DRO
I took out a DRO a year and a half ago. My advisor took a copy of my credit report to make sure all my debts including CCJ's was counted. After the DRO expired i found that all the debts were cleared apart from the CCJ's. Does anyone know why the CCJ's were not cleared with the DRO and what i can do about them. Thank you…
-
SOA help Stepchange NO HELP
Hi, my husband is applying for DRO, we did a full household SOA including my wage and a tax credit overpayment, we havent listed that as a debt purely and expenditure as its in both our names, step change have said that because of this we need to do a new SOA with just my husbands incoming and out goings. we dont split…
-
DRO revoked help
Hi there I wondered if someone could help me, I started a DRO in July last year and received a PPI payment I was not aware I was due in February 2019 for £2,500. None of my circumstances have changed and I reported it to the Insolvency service and they have revoked my DRO. I offered to pay my creditors the amount and they…
-
DMP question (sorry I can’t find a DMP forum)
Hi I’m on a DMP with StepChange and have been since January. All of my creditors besides TSB have accepted and are pretty much leaving me alone, TSB are sending me letter after letter after letter. I’ve had another one today saying they won’t accept payment unless it’s received on the 1st of the month, they said this back…
-
Cheque cashing service in IVA
Would an IVA company know if you cashed a cheque using a cheque cashing service ?
-
DRO submitted but still getting harassed
DRO submitted but still getting calls and letters What is the best thing to do to stop them calling? Every time they are told the debt has been relieved but they still keep harassing us
-
remortgaging after an IVA
Hi My IVA comes to an end in August this year and I need to re-mortgage fairly quickly afterwards to buy my ex husband out of our house. How easy will it be to do this and which lenders might be willing to give me a mortgage? Marie
-
Applying for DRO after County Court Claim
In some trouble. Owed money on cards. Debts sold to third parties. One of them has made a County Court Claim against me. I can't pay it. I have very little (virtually nil) monthly income currently. That doesn't look like it's going to change anytime soon. I had been reading up about Debt Relief Orders before this even…
-
Repaying 100% of debt owed via IVA
Hi, I have £58k of unsecured debt that has now become unmanageable. I am seriously considering an IVA. My regular, salaried income would allow me to repay 100% of the amount owed over a period of six years, while still being able to live to a reasonable standard. I have a few questions: 1) Am I even eligible for an IVA if…
-
Never trust a trust deed
Personally I would NEVER recommend a Trust Deed it IVA to anyone ! They say they will write off some of your debts , but what they don’t tell you is that the total debt you owe will still be paid by you , but that two thirds of that go into the TD companies pocket and only a third of that amount to your creditors. They…
-
What's your life plan after DRO?
-
Full and final.
Hi I posted a full and final to my Iva company which they received Tuesday. I’m not expecting it to happen over night but how long do these things take to finalise ?
-
DRO and Money in childrens bank accounts
Hi, This is on behalf of another family member. They have applied for a DRO and are waiting on a reply, however my family member has some cash (few £k) in a bank account (savings) but that is on their childrens name although the family member is the legal guardian, would this effect a DRO, can they say take money from that…
