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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…
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Defaults on credit file after IVA
I had a lump sum IVA which was completed in March 2015. I have been checking my credit file and several of my credit accounts, settled by the IVA, are listed as 'default', whereas others show default prior to the IVA but are listed as 'settled' after the IVA. One of my creditors sends me arrears notices for what should be…
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Trust Deed Question
Hi All, I hope someone can answer a quick question for me. My trust deed was registered almost 5 weeks ago, the 5 weeks is up this Friday. I know that creditors must raise objections within this period if they want to oppose the trust deed. However what happens if a creditor writes a letter of objection which is dated…
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Credit file clean up after DRO
HI can anyone give me an example of a letter i could send to my creditors as my dro has finished and i would like to sort my credit file out thanks in advance
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DRO Worry
Hi. ive recently been applying for a DRO through payplan, they have sent me all the relevant forms n done credit checks etc all i need to do is pay the fee noe. im just curious to know how many have had DRO's rejected and for what reason? it talks of preffering other creditors? i have recent vodafone debt that i have paid…
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IVA is done!
So the day finally came 29th March our IVA finished! I believe they are in the process of sorting our file ready for completion it has to go through there insolvency firm first as Varden nuttal are in administration! I was wandering when the IVA would drop off my credit score? It's not dropped off yet? I was told it would…
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DRO change of circumstances
Hi there, was wondering if anyone could give me some advice. My DRO was approved a few months ago but I've now managed to get myself a better temporary job with a higher income. However, the higher income is pretty much cancelled out by the fact that my living expenses have increased, especially as I now have to buy a…
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IVA problem
Hi, I took out an IVA in 2013 and have been passed to 3 different companies , I phoned the one that I am now with to check that the IVA finishes next year. I was told that IVA didn't start until 2015. What can I do as I am a pensioner and disabled and finding it difficult to pay it.
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DRO and Loans just Before an Application
Hello, Just a quick few questions regarding DROs. My friend is currently looking to apply for a DRO through one of the authorised organisations. The issue is, the lions share of the particularly concerning debts is from Brighthouse. He has a television, laptop and washing machine from there. As he is out of work through…
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IVA Help | Change to Circumstances | New Job
Hey everyone I'll try and keep this short & sweet! Since August last year, I have been signed on the sick due to illness, which inevitably resulted in losing control of my monthly payments to creditors. In January this year, I started my IVA. My monthly payment was worked out using my Universal Credit payments I receive…
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DRO question
i am thinking about a DRO as cannot work as carer for my husband who is disabled after a stroke, only income is benefits but all are paid to me as my husband is not able to fill in forms etc. so income support is paid to me but obviously is meant to be shared! his income is DLA but that is spent on his personal care needs,…
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IVA/PPI after completion
I had a breakdown, which left me jobless and I contacted Payplan and they told me that I'd pay over the 6 years and the rest would be wiped off. I have to say I wasn't really sure of anything, but everytime we spoke Id end up crying. I received my completion certificate December 2016. I thought that was it. It was only…
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IVA Mortgage
Any advice welcome, I took out an IVA in November 2009 and paid off in full in October 2012, however they not not complete it until December 2014. My credit is good now and recently was approved for a car loan. I am looking to get a mortgage and am hearing conflicting reports on whether this is possible or not. Any ideas?…
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Redundancy in final year
Hi, Me and my partner are 4 months into our 6th year of our IVA after failing to re-mortgage. My wife who is the main wage earner will be made redundant at the end of May. She will be paid 3 months notice and 34 weeks pay as part of the package, but she has no job to go to at present. We currently pay £142 a month and will…
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payment demand after IVA completion
I have had a payment demand today two months after my final IVA payment. Do I need to do anything?
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DRO Help (Hired Purchase)
Hiya all, new here and after some advice. I am currently looking at speaking with StepChange to submit a DRO application but have an issue. Bit of my Back story: Separated from my wife and painfully trying to go through a divorce and sort my life out. Left the "family home" and I am now sofa surfing with no fixed abode.…
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Iva or DMP
Hi all, Completed SC budget and with 45k debt between myself & hubby, a new baby, soon to pay nursery fees, plus my hours changing from full to part time...SC suggested either an IVA or DMP and we are unsure what's best to go for. We are currently both out of pension (hubbys been out it for 5 years) & want to go back I'm…
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debt relief order and Virgin Media
Hi I hope all well, Can anyone help? I have an Debt relief order put in place in march this year. Virgin Media has just become an option on my street. I signed up but they have refused because of my poor credit. I have offered to pay up front, I am told they still have pass a credit check, and they no options. Has anyone…
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Default notice after IVA completed
My IVA was completed in August last year and I have had the completion certificate. The other day I received a communication from Link Outsourcing, who bought one of the debts in the IVA from the credit card company. It is a notice of sums in arrears and says I have failed to maintain payments on this account. I'm a bit…
