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Considering a DRO
Hello, I am considering a DRO and have some questions regarding it. 1. I am up-to-date with my mobile provider contract (EE & Sky) and husbands, will this be revoked when I submit the DRO if I continue to pay? 2. I am on a Sky Stream subscription for watching TV, would this be closed as part of my DRO too if I continue to…
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Life Insurance & DRO
I know if you declare yourself bankrupt the official receiver also takes off you any life insurance policies you have. Does the same thing happen with a DRO?
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Demanding letters 10 years after DRO finished.
Hello, a close friend of mine had a DRO that ended in 2015. He has recently disclosed to me he gets the odd letter from Santander every year with a statement of what he stills owes but it says "this statement is for information only". This year he's received 3 letters. 1st letter states "23/09/2023 opening balance…
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Wrong Creditor on DRO
Yet another mistake by moneywellness. I noticed one of the creditors on my DRO is incorrect. The figure is precise, but instead of the Creditor reading JC International Acquisition LLC , it instead says Creditlink Account Recovery Solutions Ltd. God knows how they could have made such a mistake. This is after having my…
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Debt Options
Hi All Sorry for the long post but I want to give as much detail as possible. I have started my own business and unfortunately it looks like it will not make it. I have a start up unsecured personal loan with £24000 outstanding and a business loan with £12000 outstanding which is personally guaranteed. So currently £36000…
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Recent DRO & family
hello, so long story short. my DRO application was approved 2 weeks ago. I know show up on the insolvency register. my poor Mum lost her battle to cancer a month ago and due to funds in her bank account my dad is now having to apply for probate (all the normal stuff). my parents were unaware of my debt situation. in order…
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5th Year of IVA
Looking for advice My wife is on the last year of her IVA and has now been told she must remortgage to pay off the IVA. I have spoken to Santander who said we can’t remortgage for debt consolidation and due to a current IVA so they will not process an application so I can’t get a refusal of application letter. i have sent…
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Insurance claim denied
I have had my home insurance claim denied and cancelled because my wife has an IVA is this right. The policy in my name and I’ve always paid for it when I signed up i did through compare the market which asks if you have been declared bankrupt not got IVA so answered no. I’ve checked today and it still says bankruptcy so…
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DRO Advice
Hello, first time posting to try and unbury my head out the sand I've been browsing the net and Money Wellness points me in the direction of a Debt Relief Order I have 3 CCJS (Totalling £2295.79) and currently owe £7472.05, I've also have £478.30 in rent arrears with my local authority that i pay off at £25 per week. Car…
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DRO
hi i have a lot of debt and wanting to know how to make an application for a DRO relief , is it the CAB i need to go to thanks
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Unemployed with over 3k debt
Hi everyone, I unfortunately got made redundant in June of last yr and due to poor mental health and the current job market I have been unable to find work. I had debt before I was made unemployed but I was paying it off but due to my unemployment I am unable to continue to pay off the debt I was already in and I am now in…
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Trust Deed - Scotland
Can anyone help with info on a trust deed please? My hubby has one with Carrington Dean, original debt was £7k. We took this out in 2021 & at the time he was working. In 2022 he was too ill to work & we told CD this. We gave a new budget etc but they never lowered the monthly payment of £156 even though we were on UC with…
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After a DRO......
How would someone clear of the DRO end date get the only remaining outstanding debt on a DRO (and included) removed from thier credit file? (it was never escalated to a CCJ or High court action) £6000 car arrears, car was repo and sold
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DRO Income change
I wonder if anyone could give me advice or experience. I am a few months into a DRO. I am a carer and have just been made redundant. I made an old carers allowance application back in May 2024 but I spoke with carers allowance advisor requesting that they put it on hold. We agreed that once my contract end date was given…
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Email from Bailiff - is this legitimate or a scam?
Good afternoon, I apologise if this is not in the correct place. First time poster. I received an email from a company (BCL), claiming that they are requesting a 'legal notice of attachment of earnings'. Upon reading the email further, it says I have options available to me to avoid a CCJ. I've replied to the email a few…
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Moved: Please can someone advise me and help me.
This discussion has been moved.
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IVA NOW HOLDING ME BACK ON MORTAGE COMPLETED 4 YEARS AGO STILL HAVING DEFAULTS REPORTED
IVA Timeline of events / POST FOR MONEY SAVING EXPERT FORUMS WHY ARE CAPITAL ONE STILL REPORTING TO TRANSUNION A DEFAULT YEARS AFTER MY IVA HAS BEEN SETTLED ? AND WHAT CAN I DO TO GET THIS AMENDED PLEASE AS IT IS HOLDING ME BACK ON MY CREDIT FILE NOW TRYING TO OBTAIN A MORTGAGE ? IVA Timeline of events IVA START DATE :…
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Potential IVA
I have been recycling 0% credit cards for just less than a decade, it has now caught up with me. I have had to take a significant pay cut at work (around 20%) and my other half is critically ill and been signed off work for 12 months (as of April 2024), she gets sick pay but it reduces over time. I have approx £51,000 debt…
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Feels like I'm being pressured into an IVA
So basically I am in around £29000 of debt and in June I made the decision to stop repaying as my whole month wages was going within a week purely to repay debts. I got in touch with Stepchange and completed the budget and it left me with £46.17 left over a month. They recommended either a Debt Management Plan or a DRO. So…
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Wrong D.0.B on my DRO
My DRO was approved yesterday and I noticed it has my date of birth wrong. The day and year are correct but the month is wrong. Who do I contact to get this changed?
