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Damsel in distress
I'm in an IVA at the moment and noticed DEA table on my payslip today, after phoning payroll, I discovered that DWP took a substantial amount from my wages. I was told when I entered into the IVA that the DWP were included. I phoned and spoke to an unhelpful member of staff who said that the only way around it is to pay…
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DRO and the £50 surplus
How will it stand with my DRO application if I haven't got a surplus of £50 per month after all outgoings paid? After completing income and expenditure info I will be approx £100 short of what I spend! Will my advisor still think a DRO is the best option? I'm meeting her on Monday. Thanks.
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IVA - Credit File etc
I have been on my IVA for about 16 months and it's all going fine. However I noticed on my Clearscore report that this month my credit score jumped from 185 to somewhere in the mid 300's! Any idea why this would happen in one month? Nothing has changed. Due to this, I'm wondering if getting a credit card (not to use, just…
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Getting any credit
I am looking to get a motorcycle and gear as will save me money every month compared to travelcard but due to dro I wont be able to get finance, does anyone know anywhere that will give finance with bad credit history and not charge 1000% The only thing I can think of is doing a justgiving site lol
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JSA is refusal for a DRO
Just thought i'd join and ask for some advice. After a few emails back and fourth with a well known debt advice site, i was sent a final email stating that; "Unfortunately as you are receiving JSA we cannot look at this at the moment as a solution for you as your circumstances are likely to change within 12 months." Why,…
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DRO help
Hi I have been enquiring about setting up a DRO today and my surplus is under £50 a month but they've said cos I pay £50 a month to a ccj which is included in my income and expenditure I am not allowed a DRO. Is that right? Also if I can do a DRO are any of my husband's belongings included in the things in his house over…
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Given notice at work can I get a DRO?
Due to issues with health I am giving up my job. I currently have a dmp with pay plan. My last salary payment will be on 9th June with holiday pay due then or 4 weeks after. I have worked out that with my income of tax credit, maintainence and CB after my bills have gone out I will have no spare cash for my dmp. One of my…
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Secured loan part of expense in DRO?
Can anyone tell me if payment to a secured loan is allowed as an expense in a DRO application. Thanks
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DRO via StepChange
Hi, I am just wondering if Step Change 'disregard' P.I.P (as an income& then expenditure) or if you have to justify each thing you spend it on in your budget? I heard Citizens Advice and National Debt Line put it down as Adult Care Costs/Disibility Costs... but what about Step Change? Many Thanks
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StepChange DRO processing times?
I have posted previously about my partners' debt issues, we have now reached a stage where he is applying for a DRO with StepChange. All requested paperwork was submitted on 29/7/17, but he is starting to get a bit twitchy! He wants to pay the fee and submit the DRO asap, has anyone made an application through StepChange…
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Switching utilities after DRO
Hi. I had a DRO granted on 3/5/17 and included in this were arrears with gas + electric with npower. I havn't received a letter from them yet but have spoken to their insolvency team and they said i should receive a letter in the near future maybe in a month or so .. basically with 2 options for my useage (keep prepayment…
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Car loan while in IVA?
My husbands had a company car but his employer now wishes to take the cars back and give employees a car allowance instead. In another situation. This would be great but we cannot get a lease or loan anywhere due to the IVA. Can anyone suggest any way we might be able to get finance as we will be able to afford it as the…
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DRO Application - Bank Statement
Hi, I received my DRO application in the post yesterday. It came with a checklist -one of the things listed is 'latest calendar month bank statement' to show incomings and outgoings. It must have name and address printed on it. I get paperless statements. When I have tried to download my statement from online, it doesn't…
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DRO & CCJ's
Just wanted to post after reading a few other threads about DRO's.. My husband was hoping to apply for a DRO as his debts are under the amount, no assets or savings over £1000 and his car is not worth over £1000, we dont own our own home either.. He has seeked help from StepChange and filled out their form online.. from…
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IVA .. social fund loan??
Hello. I am getting help from Step Change Debt Charity and filled out their debt remedy form, and they have advised an IVA application (monthly payment of £80, which is fine and affordable for me) or Bankruptcy .. but i am leaning more towards the IVA I was just wondering if i should/could include an old social fund loan…
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Setling my iva
Im about to receive a large amount of compensation. I want to pay off my iva in full. Can i do this?
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Month 50 of IVA
We have today received letter from our IVA provider and requesting the following information: Mortgage redemption statement - can we just send copy of latest statement? An open market valuation - how can we get this? two offers of re-mortgage - how can we go about getting this? Thanks for all your help, just need some…
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Money Advice Service Standard Financial Statement
Hi I have yet to have my income and expenditure conversation with my OR. Has anyone been assessed using the new MAS SFS tool? is this more lenient that the old method of calculating excess income? Thanks
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IVA Question - Creditor wants to edit file / unenforceable
Hello, My other half has been in an IVA for almost 2 years, but has been out of work on illness / capability grounds for 12 months of that. He took a 12 month break from the repayments following losing his job agreed with the creditors and that is nearing the end of that. He's received a letter from Nationwide saying they…
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Post DRO help please
Hello all, I started my DRO back in 2013 and completed the 1st year in June 2014, ive been on Experian to take a look at my report and the accounts that were included in my dro all still have defaults on them and haven't been updated since 2013, all the balances are still the same, is this correct? I thought that the…
