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DRO & Mortgage Advice
Hi all I need some advice I've been trying to find answers on Internet for days! My fianc! has mortgage on the house we live in in his name because I still have couple of years left on my dro. I am a named occupier n doesn't bother me that it's in his name. My query is that because it's in his name he can only go of his…
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DRO Questions
HI all, My partner and I are thinking of doing DRO. What happens if some of our debts are joint, do I have the debt or put the full amount? Also if a debt is years old do I include it or just include all the ones on the credit files? Thanks
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DRO favoured creditor??
Hi I have been reading a lot of the information available on these threads arounds DROs and I have to thank you all sincerely as it is absolutely invaluable and I am sure many feel the same. I am in a situation in which this information is very relevant and I have to ask a question that I have not found an answer to.…
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Am I eligible for DRO?
Hi all. Will try to keep it brief. Basically been getting into debt since becoming single mum. Owe about 9000. Paid every month the payments but have been breaking myself and going without in order to do this and I can't do it anymore. Am on income support and other benefits. Is child maintenance classed as income? I get…
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Iva and injury claim settlement
Hi there I hope someone is able to help, or has been in a similar situation. I am very anxious while awaiting an outcome from my IP. Basically I will be receiving a personal injury settlement for 11k, I started an IVA last year and have an outstanding amount of 6k to pay, already have spoken to someone at my IVA company…
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DRO approved what now?
Hi All DRO has been approved a few days ago, but still worried and anxious thinking something will happen! When can i relax is it true my creditors can object? and have 28 days to do so?? I have been truthful not taken any credit out for nearly 6 months and really living off nothing each month, im just frightened something…
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IVA Issues
Hi, I'm looking for some advice about what to do with my IVA company (PayPlan). I have been in my IVA for just over a year and during that time I have kept them up-to-date with all of my developments. I have informed them of my two job changes and sent in details of contracts and payslips and all of a sudden they have hit…
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New to forum. Advice needed please
New to forum and require advice please. Currently three months into fourth year on IVA . Could anyone explain what happens if you can't release equity in house. I know the IVA can be extended by 12 months but would the contribution be to the value of equity in house or regular payments after financial review. Any help…
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Old debt post IVA
Hi, Am looking for some advice about unsecured debt and an IVA please. I used to be an IT contractor and ran a limited company. I was good at my job but not good running the company so ended up with HMRC forcing the company into insolvency in 2014. It went to court and I was disqualified as a Director for 7 years and ended…
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Ending IVA and valuation needed.
I'm nearing the end of my IVA and I've been told to have a valuation on my home. I went to purple bricks, because I don't have any money for a valuation fee and in any case, it's a sham valuation, because there will be no sell at the end of it. I had an appointment booked and the night before I got a message from purple…
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Full & Final offer worried!!
This is my 1st post on this forum I am looking for some advice if possible please We are in month 52 of our 5 year inter-locking IVA's I have been made redundant and have received 20 weeks pay I am only part-time so this amount is £3900 I am struggling to find new employment due to several factors. We contacted our IVA…
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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
