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DRO and credit file
Hi everyone Just after some advice, my DRO ended on the 13th April 18 However when I look at my credit file they debts still say default they haven’t changed to settled will this happened on its own after my names taken off the register or will I have to ring or email them to get them to change it Any help would be great…
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DRO and the dreaded budget planner
Hello. So my situation is as follows... My husband and I both work part time to share the childcare so our outgoings there are 0. But we both have debts, not built up through a lavish life style or anything, OH car that he bought in 2012 on a loan, and he got into pay day loans spiral (which was before we met) and I have a…
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Complex situation has arisen mid-DRO
So I was at the CAB for a different query when they did a benefit check. After going back with all my paperwork, they informed me I should ring up ESA as I should have been getting SDP but never have. I had been sent the form which I received/filled-in/returned (always keep proof of paperwork with details of what is what)…
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DRO and PIP review in the news
Hi all, thanks for your help with my questions so far - my debt releif order was approved :T my new questions/ concerns is: i currently getting PIP £310 per month my spends is board payments of £250 and £30 for my mobile phone(from the low payments i have not put things down like clothing prescriptions food gas electric)…
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Letter from debt collectors whilst applying for dro
Hello, I’m just finishing my dro application off but I’ve had a letter through the post today saying they are now applying to a court for a warrant of entry (unpaid fuel bill) obviously this has me extremely worried and I don’t know what’s best to do as I should have my dro application done by the end of the week, is it…
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Debt relief order and garentor loan
Hi all I've been advised by step change that a DRO is the best plan for me. I don't own my home, i have £14k worth of debt and little to no surplus income. I have two loans that my dad is garentor for and have been advised the debt would go back to him which is what i expected but he is not in a position to pay them and i…
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IVA & selling house
Hi We have been in an IVA for 6 years and are now facing the equity clause. We gave the info PayPlan needed and they sent a letter about remortgaging our property. Well, we don't want to remortgage as we want to sell up. The house is too big for us now and we're both 62 so remortgaging isn't for us. We have informed…
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Problems with iva company
I am looking for some advice please. Myself and my partner entered in to an iva last June. When we set up the Iva we were asked to extend to 6 years due to the amount of money we owed and to ensure the creditors received enough money. We agreed to this. 2 months ago the creditor we owed the largest amount of money to wrote…
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Dro
Hi I am new to the forum and would like advice please. Like many others I am at my wits end worrying about my debts. I am fully maxed out on credit cards for £18500 but I also have £7000 outstanding on my Amex charge card. As you know the charge card has to be settled in full every month but a couple of months ago I had to…
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DRO with stepchange
My financial situation has recently changed and I think I'm now looking at a dro rather than my self managed dmp. Has anyone done a dro with stepchange, what happens once they send the pack out. Do you have to go through things again with then in the phone? Or so you send stend then the info they request etc?
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Advice on getting a mortgage after an IVA
Me and my partner are looking at applying for a mortgage at the end of the year to buy our first house. The problem is although my credit score is near perfect, my partners isn't after an IVA in 2015. This IVA was paid off in 2017 and things are now moving smoothly but I am aware that it will be on file for 6 years…
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Paying off a IVA & Mortgage! Please Help x
Hi Eveyone, I am new to the site and i'd like some advice and help please, its a bit of a long one, sorry. I'm currently on a IVA with payplan and i am halfway through my 5 years. I have a mortgage with my ex who has nothing to do with the house and i want to get him off, the only way for me to do this is to be able to…
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Dro help
Hello, I’m new to the forum and have read through a few posts about DROs but there’s still a few things I need help on. I’ve had the checklist sent through StepChange, I was just wondering if I had to print it out and send it through post or if I can do the whole thing online? On the checklist it says to get an address for…
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Need some advice re. DRO and hire purchase
Hi everyone, Been lurking for a long time now and it's finally time for me to get sorted. I've been burying my head in the sand for too long and I cannot carry on like this. I am in around £9000 debt, including priority debt. It's got to the point where I've got bailiffs attending and I can't sleep at night. Ive spent…
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Situation after paying IVA in full??
Hi. Hopefully later this year, I'll be able to pay my IVA off in full. So not a full and final offer, but paying every penny I initially owed due to an inheritance. What situation will I be in then? Will I still be classed as insolvent? Will everything on my credit file show as settled and I can immediately start to…
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IVA meeting - Only 2/14 creditors voted
Hi, so I had my IVA creditors meeting earlier, and of the 14 creditors I have, only two of them voted. My IVA is with Payplan and they said it doesn't happen often, they both voted to approve it with no amendments and she said it is now legally binding. Is there a chance any of those that didn't vote could reject it…
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IVA Approved but Enforcement Agency still chasing
Hi Has anyone had experience of this? I have a large amount of debt, but because of a house sale, I have managed to get a lump sum IVA agreed with the creditors However, one of the debts is for Council Tax and this has been passed onto an Enforcement Agency. They are currently chasing me for the amount I owe and aren't…
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DRO questions
HI, i have had an absolute nightmre the past 10 months and looking at a DRO I owe £3k VAT 4K corp tax £2800 Credit card £1000 draw down business loan with personal guarantee I have sold many things i own to have made personal living payments and have tried to sell my car. It is worth 5k but we need that money for mortgage…
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defaults added after IVA commencement
We started an IVA in Oct 2012, in July 2015 we defaulted on our mortgage sold the property and added the negative equity to the IVA. We have just completed the IVA and understand the majority of the reports will come off the report in Oct 2018. The IVA company are saying that the defaults from the mortgage will come off in…
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Please help im terrified
Hi. First post. Desperate for advice. Last year, over the course of around 9 months i managed to rack up 8k of debt. Im a stay at home mother with no job. I did this by lying on credit applications. I put that i earned around 40- 50k (my husband earns 35k, i earn nothing). At the time i didnt see it as lying...i told…
