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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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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…
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Iva help
Hi there, help needed please, I am in my 5th year of an IVA and I had been asked to remortgage and as expected my current provider refused, I have also tried online and refused there as well, I was then contacted by select partnership and offered just over £8k by them and they said they would be able to settle my IVA, my…
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IVA and PBA reclaim
Hi all, I have finished my IVA nearly two years ago with no problems and have my certificate issued to me. During that time in my IVA I claimed back near 20k in PPI which went into my IVA. Recently I was contacted by a company who said they can claim back Package Bank Accounts ( PBA ), so I filled in the forms and sent…
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Debt Relief Order, 02 and Virgin.
Hi all, I am submitting my paperwork for my DRO in the next week or so but have just realised that my 02 contract, sim only £15 pm is due to end in May. My Virgin Contract for internet and TV £56 pm is due to end in August. Neither of these companies will form part of my DRO. Should i switch providers now or wait till the…
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DRO advise please
Hi my husband is due to pay and submit his DRO in the next couple of days with stepchange. Does anyone know the timeline of how long it takes to get accepted and if many people get refused a DRO? What happens at the end of the 12 months after it is accepted? Also he has a telephone phobia which makes things difficult, will…
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DRO & Car Insurance
Hello again! I have posted previously about my OH and our (his) DRO journey and have received brilliant advice, so I have another quick question please: His car insurance is due for renewal and his current insurer have sent the renewal pack through, which is surprisingly very reasonable! So ideally, he would like to just…
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Homeless with an IVA
Hi I am posting about a friends situation, I want to support her in the best way I can and am asking for some guidance please. Summary: single female, currently working full time but at risk of losing job because of sickness absences (due to stress and anxiety). Declared a IVA from June last year, housesitting for a friend…
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I&E not updated since 2015 please advise
Me and my wife are in the last few months of our IVAs. We just got sent a letter asking for income and expenditure review and have been asked for P60s going back the length of the IVA. Our last review we completed was Oct 2015, my wife was on maternity and our I&E was very different. My wife had a significant pay rise in…
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DRO advice please!
I am seriously considering a DRO. Stepchange have said I qualify but I have a few questions to put my mind at rest. 1. My daughter is severely disabled and I am her carer, I claim Universal Credit and PIP on her behalf as I am her benefit appointee, can this continue if I have a DRO in place? Will the payments going into…
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I am planning to go into an IVA with Advice, Any recommendation for this company?
I have checked 1000;s of reviews, It seems legit. (www. iva-advice . co) If any one has used it then let me know. Or any other recommendations?
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basic account needed
I am looking at a possible IVA and need to open a basic account. It cant be linked to hsbc, lloyds or tesco banks. I am not sure if TSB would fit the bill as I think they have now completely split from lloyds. Can anybody advise what would be a good bank to use.
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IVA Change of circumstances
Hi all, Further to my other post "iva update" I have been looking after my father for the last 2 yrs whilst working part time. He has been helping me out financially but in the last few weeks he has gone into care for a assessment of his needs and capabilities. It looks unlikely he will go back home. This will impact me in…
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IVA and property inheritance
Hoping someone can help? I am currently just over a year into my IVA with approx 10k left to pay. It is quite possible that I will be inheriting a property in the not too distant future. How will this work with the IVA? will I be able to take a small mortgage against the property to clear the IVA or not because of my…
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iva update
Hi all, I'm at month 54 in my IVA. Just waiting for my IP to contact me regarding remortgage/raising funds. I'm I right in thinking this is unlikely to be agreed due to my credit rating. If so this will result in a further 12 months payments. Also my income is about to drop by more than my iva payment. I am hopeful that my…
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Dro submited, what next
My Dro was submitted to the OR on Thursday. How long should it take to appear on the register? I'm worrying now that it will be rejected
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IVA affecting partner
I am looking at having to set up an IVA. All debts are in my sole name. I have a small joint account with my wife at lloyds- its in credit and has never been overdrawn- although I have a lloyds credit card as one of my debts. W e rent and the tenancy is in our joint names. How would my IVA affect my wife and her credit…
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Mortgage after iva.
Hi all. After completing our iva. It's 6 years since we started it, we can now save up for a deposit for a mortgage. Has anyone had many difficulties obtaining a mortgage? Particularly a 1st time buyer/help to buy mortgage? I know I could go to a broker who specialises in adverse credit but to me that's an added cost I…
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DRO in the Gazette?
Hi Had a DRO in 2015. It falls off my credit reports in 2021. I’d presumed that it would show forever in the Gazette but on searching their website they don’t seem to show DROs. Does this mean that once it goes from my credit report there is no record whatsoever? So if I were to be asked the bankruptcy/insolvency question…
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DRO question
I have joint debts with my ex husband. How would this work with a DRO? Would the amount owed be divided between myself and my ex or would the whole amount be included?
