-
Possible Scenario
I am in year 5 of my 6 yr IVA. due to promotions at work, pay rises, bonuses and PPI refunds its likely we will be close to repaying 100p in the £ as well as any IVA fees which is great. However, I have been told that it is possible that 2/3 months before my IVA completes I "MAY" get a significant windfall, for the example…
-
DRO and preferential payments rules
Hi I'm at my wits end. My debts are out of control. I've taken out payday loans and high interest credit cards to pay living expenses, I've got two enforcement officers and and a High Court Enforcement Officer banging on the door. I finally spoke to the CAB about getting some help and support and have an appointment on…
-
Paying a family member’s IVA settlement
I am offering to pay off the final settlement for a family member, but would like to know will this in any way affect my credit rating or will there be a record of this that would affect me? If I understand correctly I will be transferring the money to the person and they will then pay it, however the company is asking for…
-
A friend owes me £4.5k.....
...can she include this in an IVA without my consent? Debt goes back 5 years, verbal agreement and now paying £15pcm as lent her £1000 6 months ago! Yes, I know, never lend to friends! She promised to pay me back on sale of house but is in debt and about to take out an IVA.
-
Time line help
Hi, I posted my DRO information to Stepchange about 2 hours ago. Im excited to finally be sorting things out. Once they receive it does anyone know how long roughly they take to process this? Assuminig I have provided them with all they need I wonder how long itll take them to issue me the barcode to pay my £90 Many thanks
-
6 years paid
Ok I’ve paid 6 years on an IVA now they are saying I owe them £2500 on extra earnings and I don’t have the money. If I offered them £1000 on full and final settlement do you think they would accept.
-
House repossession advice!
Hello, I am wondering if anyone can help me with my question… In 2008 me and my ex partner purchased a brand new flat (first time buyers scheme) from the Wimpy LTD. We moved in once it was built, we NEVER made one months mortgage payment as he decided to split up with me within 2 weeks of moving in. I was 12 weeks pregnant…
-
I need help and advise
In brief I am totally panicking and not coping. I have a good annual salary of £56k gross and my husband earns around £35k. Over the last 9 months, we had a baby and I was only being paid SMP - we had planned for this so thought all was going to be ok. Then out of nowhere my husband had to fight a court case in relation to…
-
Car question in DRO
Hello, my husband has a lot of debt but less than 20k, he is probably going to apply for a DRO soon, (long story short he might be forced to leave his job) plus in sept he won’t have much money so it deff seems like a viable option. Anyway, I’m waffling back to my main question.... 11 year old Audi, 100,000 Miles but…
-
DRO timescales etc
Do you have to have more then one appointment to do a DRO with the CAB or do you have to take advice from them first.... Do they require all three credit reports or do they just use experian?
-
0 credit score on experian
Hi, Just logged into my Experian credit report, I have a score of 0 out of 999. I didn't even think this was possible all my personal details are correct. I am in an IVA with creditfix which doesn't show on my report, rather than all the old debts I have and a few which have since defaulted. I have been paying this IVA for…
-
My DRO progress
Hi Guys, this is my DRO journey. I think it will help reduce my stress levels and worry if I talk to others while in the process. I don't really have the confidence to talk to anyone about it and my family and friends arnt aware. It took me a lot of courage to go to citizens advise. I use to work full time doing 35 hours a…
-
My debts are beyond me...
Hi all, I am struggling to properly support my family after meeting minimum payments on my debts. I end up adding what I have paid off back on by the end of the month. I think a DRO might be right for me. No assets, renting, under £20k debt. SOA below. I will be speaking to one of the debt charities shortly but a friend…
-
DRO and PPI claim
Once discharged from my DRO am I free to pursue PPI miss selling and payday loan complaints? Thanks
-
Iva nightmare
what iva companies are the best?
-
End of DRO
Do you receive notification from the insolvency agency when your DRO has ended? Mine is due to finish on the 5th June. Thanks.
-
I need help with a DMP
Hi Sorry I'm new here and have a question concerning a DMP, DLA and tax credits. Can somebody point me in the right direction please? xx
-
IVA and Renting - help
Hi all I have been seeking advise about entering an IVA due to some recent financial issues currently in 5k worth of debt. However my wage is due to increase within the next few months as i will be finishing university and have a full time job lined up, and for the sake of struggling through is it really work taking out an…
-
Yocking
Hi can anyone advise. I took out an IVA some years ago and completed. I have been clear of debt for many years now. However the company I used took charges in access of 12k which was an insurance premium against the debt. Can I claim this money back as this seems to fit the remit of PPI. Thank you in advance.
-
Thinking of a DRO
Im after some help please, I am thinking of applying for a DRO. However my partner is unaware of my debts. He pays all the bills and the council tax is paid out of his account, but i put the money in via a standing order every month. I also pay for the food and vets bills etc. On the budget form, it asks for my partners…
