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Am a creditor, should I let the other party claim an IVA or Bankruptcy?
Changed mind about posting this sorry
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DRO and Natwest account help!?!
Hi I have been going through the process for a DRO, as I had a barclaycard debt I was advised to change my bank account away from Barclays just in case. I switched last month to a Natwest Select account which has been fine. My DRO is due to be submitted this/next week and now been reading horror stories about Natwest…
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Grieving and loss Breech of IVA
Hello, This is me crying for help! We have an active IVA for about 3.5yrs, always in time and completed annual reports. This was for 25k, in joint name with my husband. March this year we were told he had terminal cancer and didn’t look good, fast forward 7 mths, I lost him 6 wks ago. He has a small life insurance plan,(…
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sorry am back again
Hi All, I was hoping I would be able to set up and start my IVA at the end of Jan in order to save my overtime and bonus to sort a few things out in the house this month and although the person organising it said this will be ok it has now come back that I have to pay by the 14th Jan, I know this is probably wrong but i'll…
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DRO. Partner doesn't know about my debts please help.
OK so I no longer work after mat leave due to childcare costs. My partner has no clue on my debts at all except a very account with just £60 in it. I have 3k on credit cards. I now no longer have an income. He pays everything. Out his wages. I use the 160 pm tax credits for fuel, baby items and items for my son and my…
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End of IVA
Hi I am looking for some advice on IVA. I have completed my 6 years of payments on my current IVA. Having received a letter I now have to sign for a further 12 months and declare any extra monies (What does this mean?) I might receive in this period whilst I was in the IVA. The company has already received several…
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Does my IVA benefit me over bankruptcy
Hi all, I have had an IVA for over a year now due to my business going down the tubes. I thankfully have a full time job now which pays okay but also have two very young (3 months & 2 year old) children who my partner looks after full time. Even if she got a job and put the kids into daycare most if not all of her salary…
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Help dro self employed taxi driver!!!! Please
Hi I’m currently in around 12000 worth of debt. I’m lost and don’t know where to turn I suffer with panic attacks and anxiety so this is a big step for me. All the debts I have are in my name I’m currently married with 3 children and I feel as though I have let them down with this burden. My credit score is appalling and…
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Substantial Wage Increase
Hello Everyone, I have searched for the answer to my case, but haven't found anything that quite nails it. I am applying for a job that will increase my current wage from just over £27k p/a to £45.5k p/a. Quite obviously I am expecting my IVA payment to be increased which I am fine with, but my question is this: My total…
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IVA signed on the dotted line ... anyone got advice ideas on ways to save on budget
Hi I am all signed up for my IVA just waiting for the creditors meeting now and then to make my first payment. Just wondering if anyone who is on IVA or completed it have any good ideas how to save money, live comfortably (e.g bargain finding etc) or just any tips and advice going forward. thanks in advance
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Failed IVA & PPI
Hi I had an IVA which failed in 2014 after only 6 months. I received a breach from my IP. Since then I have entered into repayment plans with my creditors and have been doing well getting all the debt down. I have never heard from the IP again. I received a phone call from an old bank who were not on the Iva to say I had…
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Submitting annual review - online?
Hi guys, First time ever on a forum so please bare with me. I am currently coming into my 5th year of my IVA with Credit Fix - and ill be honest they have never been the most helpful to me since they took over my IVA from Mitchell Farrar back in 2015, without a prayer of being able to do anything about it. Anyway, they…
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DRO and brighthouse
Good morning, We ad a successful dro which has been active since 20th July 2018. Brighthouse was excluded from this as we have a tv with them and this was deemed a necessity. Our washing machine has just broke and we are in dire need of a new one as with 2 young kids I do washing literally everyday. There is a washing…
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Car Value
Hi, I was just wondering is there a recommended website to find out your car value for a DRO? Thanks in advance.
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IVA & Debt management plan renting
Me and my boyfriend are still living at his dad's house desperate to get our own place, I have been put on a debt management plan around 3 months ago and he has recently been put on a IVA, like I say we are desperate for our own place, I know they will have a massive affect on us getting a mortgage but I was wondering how…
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last question then I sign on the dotted line
Hi I am almost ready to sign on the dotted line just getting one more creditor entered on the list then its all systems go. my question is I haven't got my new bank account set up and I get paid by cheque. I have had to put the cheque into my existing bank account this month. ( I do not owe the bank any money they are not…
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Stupid question - dro end date
Hi folks, I get this is silly but my DRO commenced on 1st Nov. Everything I've looked at said it's a year, but does that mean it'll end on 31st Oct or 1st Nov next year? It only matters because I have paperwork for a house exchange to put in and want to do it the day after it ends.
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joint IVA Double the fees
Hi We are just about to sign off on out IVA however the agent has sent over two IVAS one for partner one for me. they both have different charges for the IVA so I assume we are being charged twice to set it up. Is this the norm my charges are Nominee fee: £1000 Disbursments; £1461.50 total supervisor fee: £1002 Partners…
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2nd maternity paymeny break on IVA??
Hi, My husband and I are on 2nd year of IVA. Just found out I'm pregnant but not worrying as Stepchange have been brilliant and I know we can have a payment break when I go on maternity. Hypothetically, if I were to take a 9 month payment break with this child but then fall pregnant with another - would I be able to take…
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Hubby cred card debt statements
My husband built up a large credit card debt and took out a loan without me knowing...his debt is now being handled by Pay Plan and his accounts have been frozen. I have asked him repeatedly for the credit card and loan statements but he says he cannot get them as the accounts are in default/frozen and he can only get…
