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Creditors meeting timeframe?
Hello I have made a full and final settlement with the agreement from my IVA company and they have send a letter to my creditors to request a creditors meeting to see whether they will accept my offer! How long does this take? And how is the meeting held for a final settlement offer? How long do they have to respond in…
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In a mess and thinking this is the best
This will be a long one as i have not spoken about this before its all on me, I had a breakdown years ago had agoraphobia, depression, anxiety, before that i was never in debt i worked also but i always struggled with life, I didnt want to be here anymore the only thing that kept me alive was thinking if i had alot of…
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Just had an email saying I owe my PPI money (long spent) to my old IVA Company!!!
I had an IVA from 2007 to 2010 which was fully paid off. Over the last 3 years I have claimed back almost £20k in PPI which I have spent on my wedding, honeymoon & a few other bits & pieces. Today I received an email saying I need to contact Freeman Jones who handled my IVA with regards to paying them the PPI money. I'm…
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Submitting a PPI claim after an IVA
I just wonder if someone has any advice please. I persuaded my husband to submit a PPI claim as he had two credit cards that definitely had a PPI policy, and he also had a loan with hsbc. The problem is that these debts were previously part of an IVA that defaulted and failed. It was 11 years ago when he started the IVA…
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IVA and becoming a student?
Hi, We are just waiting on our creditors meeting to hopefully agree our IVA..... However I wanted to know can you apply for funding still for university for tuition fees ect whilst on an IVA? I work part time but am at the top earning potential for my level of qualification and I would like to go to uni part time whilst…
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Coming to end of IVA
Sorry a few questions My IVA ends February 2018 (5 years in Feb )however have been told that I must try to re mortgage or I will need keep IVA running for an extra year . Well I was told I must try to remorgage in year 5 at the start of the IVA they have not actually asked me to remorgage as yet (kinda hoping they wont but…
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Problems to Open a basic Bank account with IVA
Hi all, I'm struggling to open a Basic Bank account with my IVA started in January 2017. Do you know which Banks i can contact to manage to do this? At the moment i have a Card account online (Cashplus) which is charging 9.99 a month and the management it's terrible. Obviously when i go to the banks my credit check fail as…
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Does IVA ever end?☹
You take out the IVA and follow the process thinking that at the end you have a fresh start. Basically that's how you get through the years. Then you complete.....wait for the certificate and it's done Or is it? I feel like you can never move forward. Off the register and defaults clear but now being advised that records…
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IVA completed early. What now?
Hi there. We have just completed our IVA 1 year early. Thec5 years were not up until August 2018. We have received our certificate of completion. So what now? We want to save for a mortgage and deposit. Our IVA company haven't told us or advised us on anything to move forwards with our credit file and history. Natalie
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Basic bank account recommendations?
Hi, does anyone know if HSBC accept people embarking on IVAs? Currently with Barclays so need to find someone to move to. Thank you
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help and info please
My late father who passed away march this year had an IVA which he completed in dec 2016. My mother and father had a joint mortgage and my dads life insurance paid off the mortgage . while sorting threw stuff we found out ppi was missold on the mortgage so my mom made a claim . the claim was successful and she received a…
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Iva company gone into administration and won't complete my iva 10 years later!
I took out an iva with my ex partner 10 years ago. His debt was much more than mine and when we split 6 years ago I phoned them to have mine separate and I was told that mine could be completed because my debt was very small and we had made enough payments to cover it. Roll on 6 years and many phone calls as to why I…
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DRO info
Hi just wondering if someone has any advice, I am currently waiting for my DRO application pack and was just wondering if you know what info I need to get sorted to send with it? Do I need to request an Experian credit report and print bank statements, pay slips etc off? I've just seen on stepchanges website that I would…
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DRO and self employment
Hi all, Hoping you can help! Spoke to CAB but no one seems to know the answer. I'm self employed as well and employed. My question is, how will a DRO affect my self employment? It is not a LTD company, and I am in partnership. Can I still run my business as usual? The debt I have is personal btw, nothing to do with the…
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PPI claim now I have my IVA Certificate of Completion
Hi guys After slogging away for seven years, I finally received my certificate of completion for my IVA this week ... I'm beyond thrilled for it finally to be finished. Putting aside the ethical quandary, can anyone explain (in laymans terms!) what the legal standpoint is on making an IVA claim? There is a lot of legal…
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IVA f&f offer
Hi, I wonder if you could advise me. I've just paid my 46th payment. I'm aware I have a 12 month extension due to higher earnings so there are 26 payments of £100 left. I shall be starting a degree in September and as it's nursing so won't be working from 6 weeks time. I've spoken to my parents who are willing to offer…
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Is proof needed of budget? DRO
Hi I'm not sure if this has been asked before but when applying for a DRO do they ask to send proof of your costs, i.e gas/electric bills, mot receipt, cigarette receipts etc or do they take it on face value if it's within their 'limits'. Just concerned I don't have 'proof' of certain expenses-like I never get a receipt…
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When did my iva finish
Hello My full and final settlement was agreed in March 17 with my creditors Is this when my iva should be completed I received my completion certificate today and it says July as the date it was completed I I only got this as up chased them, but in my head I finished in March . My iva company have constantly done things…
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Credit file
hi Just checked my file and one of my debts MBNA is showing as defaulted and this was later sold on to arrow. so they both appear as default. My IVA has now completed so I checked with MBNA if they would update my credit file, they said I had to wait until 6 years passed as they had sold the debt. the Default is 3 years…
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What to do? DRO or IVA
Hi Everyone I am due to speak to Step Change having completed an online assessment. I currently qualify for a DRO, having only £24 left after basic essentials. I am only temping at the moment however I am looking for permanent work on a salary that will hopefully increase my income to £200 more a month. Although my…
