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DRO a option for me?
Hi, I'm new to the forum and looking for some advice. I am currently on a DMP with stepchange. When I started it was £26k, it is now less than £20k after paying £400 a month towards it. My circumstances have just changed drastically as me and my partner have separated. The household income has dropped and due to the house…
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Thinking of leaving IVA
Hi guys I’m coming up to the end of my 2nd year in an IVA and I’m thinking of leaving and paying creditors off myself. My circumstances are completely different now to 2 years ago. My payments are going to be increased again this year and I’m going to be paying back much more than what I owed originally. I’ve spoke to IP…
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Help from people who’s DRO has ended!
I haven’t been on here for a while. Since my DRO was approved i haven’t been contacted at all by any of the creditors. My only regret is i didn’t do it sooner. I was just wondering what happens after the 12 months is up? Do i have to send anything in to prove I still can’t pay? My situation hasn’t changed and it’s highly…
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Mortgage advice after IVA
I had an IVA together with my ex-husband from 2008-2013. It was completed and fully discharged and has not appeared on my personal credit report for several years now. We have since divorced and I have focused on rebuilding my credit, succesfully getting credit cards and a loan over the years. My new partner and I are now…
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IVA Completed
Today 13/02/2019 my IVA has dropped off my credit report yippee . However when I have looked at my credit score this morning , the score is still showing "very poor " My question is will my score only reflect the IVA dropping off next month ? so March ? Does the score on Experian not update daily ?? I obtained a credit…
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Excluding family debt from an IVA
I've been on the Step Change website and it's advised that the best option for me is an IVA. One of my outgoings is £200 a month to pay off a loan given by a family member which I currently have £4200 outstanding. Step Change via their automated form have given an estimated IVA monthly amount of £92 and have stated £14 a…
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My Dro Has Ended But The Register Hasn't Been Updated
Hi! My DRO ended yesterday but so far the insolvency register hasn't been updated to reflect that. Is this normal? How long does it usually take?
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General IVA Advice
I posted yesterday asking what my debt options were. I've since spoken to a company called vanguard insolvency who have been really helpful. They feel that it's possible for me to get an IVA with my circumstances and have been very flexible around my needs. However, as I've been in jobs in the past which give…
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Addison hunter
hi I have received a letter from a company Addison hunter regarding a refund on my Iva that I had with debt free direct but there is no website for them or the telephonies numbers on the letter are not working have you heard of this company.
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Problems after completed IVA
Hello, I was in an IVA and after paying for three years without failure I was offered a loan by my supervisor to pay off the remainder of the IVA. I took the loan option and now have almost repaid that loan. My IVA was then completed using the loan and I was sent a final report which stated: “Pursuant to Rule 8.31 of the…
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DRO - Last delinquent date
Hi, I hope I explain this right. I had a DRO agreed in February 2014 and have two accounts in still marked as being in arrears, but in my SETTLED ACCOUNTS on my credit score. One is an old Barclay account with £2359 which Status: DEFAULT February 2014 The second is a Barclaycard Status: DEFAULT September 2017 and a balance…
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Iva advice
I'm presently 2/3 years into an iva, I wish to stop the payments and go down the 3 letter approach that I've heard so much about. Is it advisable to stop future payments and be semi debt free within months, or are they likely to file suit against me.
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Need help with going forward
Hi, this is my first thread so bare with me.....I am currently in a massive amount of debt, not only in my own name but my mum took credit cards, hp, catalogues out for me also mounting up to around £17,000. My own debt is from years ago and I am hounded for the money, I am in a very unhappy relationship and don’t know…
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Default Dates Re Failed IVA
Hi, I had an IVA which started in June 2014. My IVA then failed between 1 - 2 years later.. Question is, should all of my creditors reported def Default date of June 2014 to match up with the commencement of the IVA? The reason for my question is I have creditors from my IVA that have no Default dates reported when I…
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DRO revoked due to receiving life insurance
My mother in law has just lost her husband and Legal And General have decided to get her DRO revoked and they don't want to pay out the insurance on my recently deceased father in law who is not cremated yet? ANY HELP WOULD BE GREATLY RECEIVED:shocked:
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IVA query
Hi, I am currently going through IVA process. The creditors meeting will be proposed this week with a meeting taking place between creditors an IP in a couple of weeks. I currently have a Personal Loan of over £300 a month which is due next week (before Creditors meeting) Would I be able to cancel the direct debit without…
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IVA fees
Any info on IVA fees and how much of the debts get discounted? are some firms better than others?
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IVA Ford finance
Hi all I have a car on HP with Ford finance Due to marriage breaking down and having to care for my twins - one who is disabled I have had to give up work. I've been left with alot of debt and am looking at an Iva however I have a car on HP with Ford finance, with family discount. Does anyone know if they will repossess my…
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Iva to setting up my own dmp
Hi I'm in my first year of an iva worst mistake ever with payplan I'm looking for advice I feel like I would be better of with letting my iva to fail and to write to my creditors and set up a payment plan with them has anyone attempted this. NEED HELP!!!!!
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DRO and Payrise
My DRO is due to end in the middle of March, and my work have informed me that I will be getting a payrise at the beginning of march. Do I need to tell the Insolvency service? I wont get paid until after my DRO has ended.
