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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,…
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IVA and Work Related Bounus
Hi Guys, Long time reader 1st time poster. I was hoping someone could offer some help with the following predicament. I'm currently in the 6th month of my IVA (best decision I've ever made) and l'm on track to get a work related 'bonus' of around £2000 nett in December which will make a huge difference to my standard of…
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IVA advice re NOSIA
Hi. I completed my IVA in 2017 but have just received a letter from MBNA today stating they did not issue me with a NOSIA way back in 2009. They said I am owed a refund of over £2k but I am wondering whether my appointed representative is actually entitled to this? I have an email from who I did my IVA with confirming it…
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Bonus and DRO
I'm 6 months into a DRO, and I will be due a bonus from work in a month or so (only £250 ish). My question is whether it will ruin my DRO, I have already had a tax rebate, and so with this bonus it would put me over £1000 of assets in the year of the DRO. Should I decline the bonus?
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getting a IVA with a mortgage
Hi. A lady at work has 45k debts and due to a split from her partner is living in a one bedroom flat with two young kids in her room and her aupair in the living room. the flat is a council flat which her dad gave his savings to buy for her to help her out. She recently applied for a iva as her payout to all her debts are…
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DRO advice needed please
Hello, I’m hoping to apply for a DRO to write off previous debts, old CC from student days, overdrafts from the same, a couple of unpaid bills from years gone by that an ex assured he was paying... until debt collection letters came to my door. Nothing recent, no overdraft on my current account. I have a few questions if…
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IVA finished - Not cleared from credit file
We finished our IVA in June after 7 years of payments. On checking our credit file 6 weeks ago, our rating was good and we had no record of the IVA. We therefore put our property on the market after meeting a financial advisor. Yesterday our house had an offer we accepted and we have seen a home we want to buy. On checking…
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Old couple DRO?
An old couple in their 70s who rent their home, both have retired and each have just under £20K credit card debt. Can they both do a DRO at the same time, because most of the paper work will be the same? The same 50% of all income and expenses, the same address and same bills ect. Only bank statements and a credit card…
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Dro and inheritance
Hi I need some help as I’m deeply stressed. I’ll keep this brief. My DRO ends in March 2019 and I’ve heard although not officially told as yet I’m in my granddads will. I’m probably although again all hearsay that I’ll get 10 k. Do I have to inform the official receiver at the point that I know about the inheritance or…
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DRO’s and IVA’s
Hi my husband has been signed off work and is currently receiving SSP but will be claiming ESA for the foreseeable, he has also made a claim for PIP. I do not work and claim Carers allowance for my daughter for whom we receive DLA and a disability element on child tax credits. My husband has around 15k on credit cards…
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DRO hangover Credit score Accounts in arrears??
Hi, I hope I explain this right. I had a DRO in 2013 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 of £2150 on it…
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IVA trouble?!
Long time reader, first time poster. Worried for my brother. Seriously worried after google searching. In year 2 of IVA - total debt was £60,000 (I believe-around that) He just got cash inheritance of £90,000. He said he rang IVA and told them he was getting it. They never called back and he didn’t either. In 4 months he…
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IVA and 2 credit cards
Hi. This is my first post. I have two years left on my IVA. Due to being too ashamed to tell my IP that I couldn't afford to live, I now have two credit cards on top of my IVA. My question is this. Should I inform my IP about the situation and come clean, or should I try and deal with the credit card company myself and try…
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Help debts after dro has been awarded
Hi, today I found out that I owe 202 tax credits for year 2016 17, my dept relief order went through March this year. I had no idea I had this debt and hmrc are demanding payment I have set up a repayment plan with them on the phone but now relalise it was not the right thing to do but will cancel this. Do I need to inform…
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Car Insurance
Hi all, I've recently (May 2018) had a Debt Relief Order. My car insurance is now due for renewal, and last year I paid it in full. However, I now need to pay it in installments due to my budget / finances. I'm aware that as part of my DRO I'm not allowed to apply for credit, does this mean I can't apply / pay for car…
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DRO and some expensive health problems
Try to fill DRO application form now, but so confused about medical expenses. Just had a dental implant 2 weeks ago and in around 6-8 months time I am going to get one more which cost £2600 in UK (probably around 1300 euros if abroad tickets included). Of course I have no these money now, and cant save during DRO period,…
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DRO and psychotherapy
Funny thread title I know but wondering if anyone could help... I have been told by Business Debtlibe that I could apply for a DRO and they're currently sending me the pack in the post. I have a few questions: -My husband goes to see a private non NHS psychotherapist fortnightly (£50 per time) which we've added under…
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DRO and Disability Premiums
Hi I wonder if anyone can help. I am half way through my DRO 12 month period. My support worker thinks I should apply for pip care as my needs have changed. I live in a full universal credit area but am on ESA support group still. As I understand it because I am on esa , if I qualify for PIP it would still attract the…
