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IVa almost set up when to expect to make first payment
Hi I have almost finished finalising the budget and sending over the last bits of paperwork they are requesting. Once I have done this I assume I am sent the proposal to sign ( does the proposal get posted or emailed to you?) Once I have signed the IVA agreement (Proposal what ever its called) how long is it before the…
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IVA annual reviews
I'm almost 2 months into my IVA now (a long time to go I know). When doing the income and expenditure with my IP, I said I pay £250 rent to my parents and various other outgoings here and there like phone contract, birthdays, xmas etc. I take home, after tax roughly £1k and pay £160 p/m into my IVA, so left over I…
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How long before my details appear on register?
Apologies if this has already been asked on the forum but I have searched and Googled it but can't find an answer. My IVA was officially accepted/in place on 23/Oct/2018. I was wondering how long does it take for my details etc to officially appear on the Insolvency & Bankruptcy register? I assumed it would take a few…
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IVA - trying to organise ourselves
Hi All, Hubby and I are currently looking into an IVA. I don't suppose anyone would have a few minutes to give me some idea of what paperwork/figures we would be expected to provide? Hubby is 'not a paper man' (his words not mine) and I am trying to pull together as much information as possible so we can organise ourselves…
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Freezing a Payment on IVA for Xmas
Hi guys, Just hoping to get some advice if possible. In summary when we set up our IVA in June we were unequivocally told by our practitioner (have email confirmation etc) we could miss 3 payments and that most people freeze the payment over Xmas. The company have been very professional and knowledgeable to date so took…
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Payment received during DRO
So I posted on the DFW board about my OH's situation and long story short, he was accepted for a DRO back in September. Yesterday a letter landed on the mat from Lloyds (one of the creditors included in the DRO) and they have sent a cheque to my OH for £500 (or as near as dammit) which they say is for interest that was…
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Mobile phone arrears after IVA
Hi, Me and my husband have been in a joint IVA for almost 1 year now and earlier this year, due to a few circumstances outside our control as well as just becoming used to living within a budget, we missed a couple of payments on my mobile phone bill and are now in around £350 of arrears. Vodafone have set a “promise to…
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Dro qualification
Do you need to have less than £500 in your total bank account for the last six months or something? What if somebody did have over that amount near to a grand in the months preceding? Also can anybody please post the link to the allowable expenses for the cash flow? I once saw it somewhere but can’t find it now. Also is…
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Recommended Mortgage Providers - IVA Completed
Hi We have completed our IVA, the certificate is in our hands and the IVA is not showing with Experian. We have accepted an offer on our property, however our current finance guy doesn't appear to be having luck with the normal mortgage providers in getting us a mortgage to allow us to look for somewhere new. Do any of you…
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Dro update
It's approaching the end of my moratorium period (about 2 months away), my name is listed as still subject to dro even though i've broken the terms of it having earned well over the threshold and having contacted the insolvency service to request to stop it. I've not heard a word from them asking to pay anything back…
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help with figures for IVA
Hi i am looking at going into an IVA rather then an DMP as the debt is spiralling as I've been using pay day loans to see me through the month. If I didn't have these to pay then I would be quite well off each month. wages total for me and hubby are £3089 mortgage 517 building insurance 35 council tax 99.5 gas 150…
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help and advice needed
Hi i am looking at going into an IVA rather then an DMP as the debt is spiralling as I've been using pay day loans to see me through the month. If I didn't have these to pay then I would be quite well off each month. However I have a question as I have gave them the figure of my wages as £200 less then what it is as I have…
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Iva worries
Hi this is my first post, please bear with me!! In 2016 my husband and I were accepted on to an IVA with PAYPLAN. All has been well and we felt that the process had been very well explained at the outset. A few weeks ago we had a copy of the annual statement that is sent to the courts. I have discovered that there is in…
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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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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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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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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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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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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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DRO procedure and applying
So a DRO can only be obtained via Stepchange? Do you ring, visit, get an interview, fill out forms?
