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Potentially applying for a DRO and looking for advice on a few things
Hi guys... I'm severly struggling financially and am contemplating a debt relief order. I struggle with depression and in the past I've used the spending as a means for cheering myself up and needless to say I'm in a bit of a mess. In total I have approx £19k in debt and technically am at -£2 after paying all my bills... I…
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Ppi /iva
Hi I’m new on here and wondering if anyone can offer me any help. I had an IVA with DFD 14 yrs ago I paid into the IVA for about 18 mnth then it failed due to my circumstances at the time, since it failed I joined Experian and found a ccj also a third party contacted me which I cleared and in the yrs between I’ve worked…
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DRO what expenses count ?
Hi. I am new and dunno how exactly put a new topic/question. I have a problem. My partner is in debt. If he wants to get a DRO what expenses counts( I know about rent, electricity etc) I am pregnant and get £145 a week maternity....does it counts as well as an income because we live together? How much expenses we can write…
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DRO what expenses count ?
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DRO Due to come off
Hi I have a debt relief order which finishes at the end if September. From what I understand it automatically comes off of the DRO register three months after the finish date. What I am wondering is, if I apply for PPI after the completion date is there a chance that the DRO can still be revoked or does it end on the date…
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Credit after IVA settled
We hace recently had a full and final offer accepted to end our IVA after just under 5 years. I know that the IVA stays on our file until 6 years after starting but once we have the completion certificate, is there any way we can improve our credit score and/or get credit in that last year?
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Third Party Payments
Hi, This may seem like a silly question but can anyone tell me the best way to make third party payments to my four credit cards. Parents have offered to do this to drop debt below £20k. Can they make online payments to my creditors or do they need to call them and do over the phone? Thank you
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i wanna do it
Hi, I am on an IVA with debt around £13K. I might be in the position soon to pay off this debt and am wondering that if I do pay the debt off, will I remain on the so called black list and if so, how do I go about getting my name off of this list? Thanks
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Gutted.
Hi everyone, I have an IVA in place, it ends 06/21. It was taken out when I first became a single mum (I have 4 children, 12, 11, 9, 7). My circumstances where pretty bad, the ex left me in a lot of debt in my name and the house had negative equity. This seemed the best way to sort it and up to now it has been a God send.…
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Is my insolvency practitioner acting dodgy?
Hello all, Would appreciate some advice / feedback... Back in May I had to wind up my company asap when HMRC came knocking - various issues had caused problems and led to mounting debt (e.g. a former client running off with £14k that I never got back, chasing a massive payment from another for months...) Anyway, my…
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Iva help please
Hi, I'm new here in just looking for some advice please. I have quite a lot of debt £26,000 ish including my car. I have plodded on for a long time, I split with my partner the beginning of the year and I am a single mum now to three children. It has got the point now where I am scraping by, I do manage to pay the minimum…
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Caution when using Knightsbridge and Creditfix
Hi, Just wanted to give warning to anyone considering using either of these companies to arrange their IVA. I paid off my IVA early in early June 2017. I was aware of the 6 months waiting time to give the creditors chance to reply and make a claim for the offer. Literally the day before the 6 months was up, 5th of Dec last…
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DRO & Damages
Hi I was looking on the DRO - Insolvency manual and was looking at whether it was possible to include damages (after having been sued) in a DRO The manual states "Any liability to pay damages for negligence, nuisance or breach of a statutory, contractual or other duty, or to pay damages under Part 1 of the Consumer…
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DRO & credit check
Can anyone advise which CRA the insolvency service use when you apply for an IVA.( or is the intermediary that does one) What is the purpose of the credit check. Is it check the total debt is under 20K or that all debts that are on the application are on the credit file ?
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Questions before IVA
Sorry, bit of a long one, but I want to start taking action on my problems ASAP but need to get clarification on some answers first. I've been in contact with Stepchange for the last 3 days who recommend an IVA for my wife and I. I am waiting to hear from their IVA team, I haven't yet informed creditors of our financial…
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DRO Ended 8 months ago, but debt still shows on credit report
I think I might have messed up MAJORLY. My DRO was due to end in January - and as a 'present' from the world, my step-father passed away the day before it was due to happen. The last 8 months have been difficult, I dropped out of uni to support my Mum and honestly I completely and utterly forgot about my DRO and my credit…
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How can I get car finance for myself through a parent without a driving licence?
Hi, i am currently on an Iva and had to scrap my old car. My mum has offered to get me the finance for another car, however she does not have a licence, so for most lenders this is a requirement. Is there way she can obtain the finance, or become guarantor so I can get the car through her? My father has a licence but is…
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Worries at 4am - Getting a mortgage after IVA or DMP
Hello, I can’t sleep and questions in my head just keep going round !!!128577; just wondering if someone can help me with this question Please. I have spoken to Stepchange and they told me to speak to a financial advisor but I have not yet been able to get a reply. I have 40k of debt to sort out and am going through the…
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Credit report clean-up, post DRO
Hello, My DRO came to an end last week, and I’m not looking at fixing my credit report details. Is the process and are the letters exactly the same as the BR clean up? Thanks, Matilda
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Joint income, only 1 needs DRO
Hubby needs a DRO. He is in FT work, gets £1467 a month inc working tax creds in his name. I'm self employed but it's making no money. I get £349 a month from child tax creds and child ben in my name. We have 1 child together (no other kids) Does he need to take my income into account? Can I pay for the non-essential bits…
