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IVA & Injury Compensation
Hi all, I'm after some advice.... I was in a RTA earlier this year & am looking to receive some compensation for my injuries & ongoing treatment, I have told my IVA provider as I'm a honest person & wouldn't want any legal stuff coming from it if I didn't declare it. Now none of my reward is for loss of earnings it's all…
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Budgeting for DRO
Hello, I’ve been around forums for a while now trying to get on top of my debt but we just don’t seem to be getting anywhere. I have £400 in savings now but car is due MOT and service in August so that’ll use half of that. (Car is worth £895 on Parker’s website) and I rent. No assets. I’ve got a few questions about DRO it…
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DRO Question
My finances are in a mess and after some research I have decided that a DRO is my best route of action. My wife is currently on a two and a half year visa. In about a year or so we have to apply for another 2 and a half year extension. After this period has elapsed she can apply for British Citizenship. As part of the visa…
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Advice on a dro pleas
I going to speak to step change tomorrow as I'm about 4000 pound in debt . My husband own the house and car and both are in his name . I have no assets to speak of all the debts are my own . Well this effect the dro at all
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Debt amounts in DRO
hi everyone, asking on behalf of a friend, she is struggling to get hold of her CAB advisor so thought i would ask here in the mean time Her DRO application has been semi filled out and she has the barcode ready to make payment, she was told she could exaggerate the amounts she owes to each of her creditors, so that if any…
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DRO via National Debtline
Hello everyone. I have just signed up t the forum but have been reading posts for a few weeks. So on Thursday I received a letter from National Debtline to say they had received my application, Currently the wait is approx. 10 weeks ( im hoping by approx they men less ;) ). I have to say I was stressing my self out a bit…
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Hceo iva
Hi On behalf of my step daughter. She basically has got herself into a mess. This is what I have managed to work out from her situation. The local water authority passed her areas to a company who took the case of monies owed to county court, She agreed a payment plan with them. She sincerely believed that this the only…
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IVA and a house in Trust
I’ve got such a complicated issue, I’m hoping someone can help. I am 2 years into my IVA, and I have just been left a house in my Uncle’s will in a ‘Trust’. The house is left to me and my 9 year old daughter. The ‘Trust’ lasts 10 years. The house belonged to my uncle who was very old when he died (97). The house is in a…
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bwfc15
hi all I recently set up a Iva last year round about June time, however, last week I was involved in a rta I am pursing a whip lash claim, however I’m a bit confused I have spoke to my iva company and they have said onnce it has been settled I need to provide them with a break down. As they will take a percentage the…
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Harrington Brooks/One Advice
Just to let any customers of the above organisation know, it has gone into Administration. However, there will be no difference to any IVA's or DMP's as these will now be supervised by the Think Money Group.
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DRO and starting a business
Hi. Wasn't sure where to post this or how to word this either so winging this hoping in makes sense. Long story short. We lost our rental unexpectedly this time last year after spending a lot of money on it. We were homeless for two months (family of 4 and was soon to be 5). My husband worked his !!! off for us to get the…
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DRO and recent debts.
Hi. I've ended up in a terrible state over my debt. I have mental illness and was hoping to return to work. I have a long standing CC debt, owe the utilities money. What worries me is that 2 months ago I bought a bed and other household essentials on catalogue accounts. I've always made the minimum payments on the Credit…
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Backing out of an IVA
Hi there can any one help I rang up about an IVA and passed on all my details. I have not signed the proposal will I legally be able to back out now? I can manage my debts and will have them under control in the next 3/4 months. So don’t need the IVA now.
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DRO advice/? debt collectors
Hi I had my DRO approved in November. In February I received a letter from Santander stating I owed payment but assumed this was a standard letter as I’d read they can still add interest etc and wasn’t receiving regular reminders. However I’ve noticed in my credit file today that it is still showing as late payment where…
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iva modifications
hi, got email from advisor, one creditor wants modifications, and main creditor, if you accept, iva will be successful, they want one year extension and employment for my partner within one month, who has nothing to do with my debts, she is busy full time taking care of young 3 school going children. she has no any degree,…
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After dro still showing defaults
Hi..after your response ive phoned barclaycard to update my records to'satisfied'as the debt was included in my dro..they say they just keep it as default for 6 years from date of dro..is this right??all the others debts say closed and satisfied.
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Equity release miscalculation after extra 12 months
Hi all, not sure if anyone can help but... Basically, last year my Iva was due to end subject to equity release clause. Anyhow, the mortgage is joint but the ex, as per divorce 7 yrs ago, is not entitlement to the equity or any thing regarding the house upon £50 per Month for 6 yrs (at time of divorce the equity was…
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IVA Rejected - Out of pocket
Hi, I am asking for advice on behalf of a friend. She recently tried to enter into an IVA through a company called Lawson Fox, whom I have never heard of, nor can find any reviews. It was determined that she had £240 per month available and that is what was put in the proposal. However, she was asked to pay £240 up front,…
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IVA and car purchase
I've recently started an IVA. As part of it, they let me keep my savings (around 1k initially ) for car repairs. I've managed to add to this a little more from bonuses (fortunately just below the 10% extra I'm allowed to earn. I already have a cheap car which although old and scruffy runs fine and should pass its test in a…
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Advice needed
Hi, If someone could give me advice I'd really really appreciate it. So, I'm sinking. I have about £10000 in debt, paying for a 2 bed property for myself and my daughter on just my salary. Back along I contacted a debt advice service who told me either bankruptcy or a DRO was my best options. My preference was a DRO but I…
