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IVA ..who to go with??
Hi all New to the forum and have woken up to the debt we are in and need to face up to the fact we have been very stupid! We have 66k of debt then an unsecured loan attached to NRAM mortgage. All in all a mess. I think an IVA is the way to go as we do come home with around £3600 a month it's just the interest on all the…
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Dro, Gambling, Balance Transfers
Hi, I'm looking for a but of advice if anyone can help me. I was a gambler for about 10 years until I had my light bulb moment 12 months ago, never gambled since! I am in debt because of this. I owe £6300 on one credit card which I done a balance transfer on 30 months ago, it was for 40 months interest free. On another…
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DRO Criteria
Good morning! I am in a bit of a mess, and have finally pulled my head out of my a**e and am facing up to things. My total debt is £12491.38, mostly short term and pay day loans, plus catalogues and three CCs. I have been talking to StepChange, and they have suggested Bankruptcy. I asked why not a DRO (I have a car worth…
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Help - missold IVA??
I have just found out that my husband applied for an IVA without telling me. He had around £15,500 credit card and overdraft debt. He earns £1888 a month after tax, spends around £1000 a month on bills, and was making debt payments of £700 a month. I don't think they have explained the full implications of this insolvency…
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DRO sorted, thank you!
Just wanted to say that my DRO was registered on 1st Nov, and a big thank you to the people who answered my questions, and just everybody really for making me feel less alone in this. 12 months to go:)
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IVA timescale for completion certificate
Just finished paying off my final payment of IVA (Phew) lasted total of 6 years 6 months with APERTURE. My final income expenditure review was completed this week and i made the final payment towards my closure. The adviser on the phone told me that the closure will take 3-6 Months, i cant really wait to get it closed…
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Post IVA Windfall
Hi I have an issue I need an answer to before I make any decisions. I completed my IVA earlier this year with a one off payment from my partner which closed the IVA in full and final settlement. Unfortunately it took a few months to sort out, but I received my completion certificate late September of this year, which was a…
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Mortage
Has anyone had experience of moving house after IVA.
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IVA Quagmire - Help
I need advice. My IVA provider sent me a letter end of Aug, stating a creditor had come forward stating I owed them money from way back in 2013 which wasn't included on the original list, I know for a fact I have never dealt with the company so I contacted them saying as much but said I would go away and do my due…
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Iva Help
Hi ..this is my first post , we are nearly 5 years into a 6 year Iva ..started with Debt Free Direct back in 2013 ... then I believe they were taken over by Aperture in 2016 .. the first I heard from Aperture was in July this year saying I was in arrears , I have never ever missed a payment , I emailed them , stating I…
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DRO procedure and applying
So a DRO can only be obtained via Stepchange? Do you ring, visit, get an interview, fill out forms?
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Iva Help
Hi ..this is my first post , we are nearly 5 years into a 6 year Iva ..started with Debt Free Direct back in 2013 ... then I believe they were taken over by Aperture in 2016 .. the first I heard from Aperture wS in July this year saying I was in arrears , I have never ever missed a payment , I emailed them , stating I…
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Refund after dro sent to closed account.
Hi..i had a D.R.O. in 2016 with moratium period finishing in sept 2017..i had a credit card in 2009 with m.b.n.a but eventually the debt was sold on to Arrow Global'and then Capquest..however..today ive received a letter from mbna notifying me of a refund for charges of 600+..theyve sent it to arrow global to credit my…
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Mortgage gone up year into iva missing bills can someone help
Hi I have a mortgage rate ended gone up 250 pound year into the iva I've got due to financial problems my house is worth 220-240,000 and the mortgage is currently 163700 one month behind on mortgage and iva Any advice really really appreciated I don't know what to do all options considered Thank you
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Starting a business with a DRO
I posted this already in the business forum and was advised to try here instead. Last month I was approved for a debt relief order, and after reading through all the rules I noticed a few things which could potentially ruin my plans for starting a business. According to the letter I received it says I'm not allowed to do…
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Chances of IVA being accepted?
Hi all. I am contacting a company tomorrow to have them look over my finances to see if an IVA is right for me. I've been trying to do lots of research myself on it to see if it is something I should consider. As you can see by my list of debts further down that I do have a lot of pay day loans. I used them to pay off each…
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IVA and PPI
Hello I need some advice please. I’ll be very brief and factual but wonder if someone can answer some questions at the end. Debt owed - £11,000 Debt repaid via IVA - £4700 ( 48mths @ & £98 ) PPI claim upheld and paid directly to IVA company - £7600. So in my mind I have paid £12300 to IVA Company against an £11,000 debt.…
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Iva
Hi I posted last night and feeling very nervous. We r Facing up to our debts As anyone gone down the route of Iva or dmp. Can somebody please tell me have they been through this many thanks
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Insurance Claim on a DRO
Hi, I am currently under a Debt Relief Order and in the moratorium period. I have recently lost a camera of mine (worth a few hundred) and I am thinking of making an insurance claim. How will that effect my DRO?
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Life after IVA
Myself and my husband entered into an IVA in April 2012, D/C August 2017. We sold our house and had an offer accepted on a house, approached a mortgage broker, accepted with natwest. However, natwest then said that they won't proceed with the application because of internal markers against us, which are old overdrafts,…
