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PPI claim payplan
So after three years of trying to get the clydesdale bank to acknowledge I had ppi with them they have come through with an offer. I am in an IVA with payplan and creedo claims do the ppi. The offer is for £2975.80 now I know payplan and creedo claims take their cut. I phoned payplan to tell them this morning and the girl…
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IVA v UNSECURED LOAN
HI all :j I've got another 16 months plus, probably another 12 months on top of my IVA. I'm a joint home owner with my almost ex husband so of course there is a restriction placed on the property. Ive been contacted via the IVA company to say I could get an unsecured loan which will in turn end my IVA, enable me to rebuild…
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Paying Creditors Whilst Starting An IVA?
Hi, I have just started an IVA but most of my creditors which are unsecured creditors will be expecting payment around the 25th of the month, I was advised by my debt counsellor to not pay them as he said what is the point as you can save the money for when the IVA starts and I see what he saying why struggle to pay again…
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IVA - Frightened to death
Ok, maybe the title was a little bit dramatic.... I'm about to embark on an IVA. I called a company called Stepchange several weeks ago and as my wife is self-employed, they said that their own IVA branch does not deal with businesses of that nature and referred us to a company called Apeture. I made some initial enquiries…
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worried im going to loose house through divorce and IVA
Hi 1st post! I would really appreciate some help! I'm a single mum of 2 young (primary school aged) kids. I have a mortgage of £750 a month which my ex is paying in lieu of maintenance which he doesn't want to pay anymore. I've asked the mortgage company if they can help me by reducing my payments somehow but are not…
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DRO Advice Needed
Hi all, So after a very bad experience with Stepchange (they never complete my consultation and were always asking me to call back even though I had completed my consultation apparently) I called National Debtline who were the complete opposite and very supportive and helpful. I has been suggested to me that I either file…
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questions regarding remorgage
I am 3 years into a IVA I have been told that as a condition of my IVA I will be expected to re- mortgage to release equity in my final year . My question is in regards to where we stand if we want to move house now we are really desperate to move and feel really unhappy of the thought that it may be another 2/3 years…
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Full and Final IVA
Hi guys, i am a newbie to the forum. I have been with a Debt management company (Ashley Park) for 4 years. They contacted me two months back to tell me that they can no longer look after my case, so i will need to find another company. The recomended a company, Called Payplan. Since I have started speaking with Payplan,…
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DFD IVA Closure
Hi, Can anyone please advise me how long IVA closure usually takes please? My creditors / Debtfree Direct agreed my closure on 16th March 2016 after accepting a full & final payment, 8 months early. I called them today and they told me they would email the closure team to find out progress, however I received mixed…
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Post 5 year review - negotiating full and final settlement
Hi, We have recently had our five year review and having contacted our mortgage provider and been refused any further lending, the IVA company have agreed to extend our arrangement for an additional 12 months (from next February when year 5 ends). In the meantime my parents have offered to pay a full and final for us. My…
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Iva 5 years completed
Sorry if posted in wrong section just after some advice and opinions. I have completed my 5 year iva and now in discussion with a company called just lending that I have already read a few post about, but I know everyone's situation is different so just looking for opinions on which way to go next.I'm expecting a call from…
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Scared that my DRO will be revoked *UPDATED Aug 2016*
Warning, this is going to be lengthy. I had to give up work in 2012 (it's a long story) and had a hard time struggling to pay both my debts (1 x 11k loan to Lloyds, 5 x circa 1.5k to other CC accounts) and essential bills. I was advised by a family member to apply for PPI redress as it had clearly been missold to me some…
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IVA final hurdle?
We started our IVA back in November 2010 and we are now at the stage where we are being asked to release equity. Our IVA practioner has a sister company that is looking into the remortgage and has told us that we have only one option Magellan. Has anyone else ever used Magellan and how easy is it to get a mortgage back…
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Defaults still showing?
Hi all I had a debt relief order dated 17th September 2012 all my debts are shown as settled except 1 with barclays, is this acceptable or should that also be settled by now? Thanks
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What path to take..?
This is my first post, so hi everyone :) My situation is nothing new, Initially got a credit card to cover some living costs, then all of a sudden a couple years passed and I'm +£10k in the hole struggling to keep on top of everything. My debts aren't massive compared to some, but it's all relative I guess, & I am…
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iva completed
just a little update 6 yrs and £36000 later 73% in the pound paid back, completion certificate in the post today :j felt it would never get here but so relieved its all over even though it was hard at times i got there in the end . so good luck to all of you still battling , the light at the end of the tunnel will get to…
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Beyond stressed :(
So according to Experian, my debts are £20,336.00 along with a £1500 overdraft and a £8700 overpayment from HMRC. Basically drowning in debt and feel like my life is ruined. I've just admitted defeat and accepted that my business venture isn't working out and have applied for Income Support in the form of Universal Credit,…
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Cancelling iva or not?
Hello Im just after some opinions and advice, basically I started an iva in April of last year without really thinking about any of the inconveniences I was going to be left with in the future. I'll cut straight to the chase but I have been offered a job where my income is going to be significantly increased, I am in in…
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Iva advice
I have just settled an Iva one of the debts was Halifax overdraft, this was a joint account with my husband who was not in the Iva He has been paying Moorcroft £20 per month we are both being asked to pay the same overall balance Now that I have settled the Iva surely the debt should be now be finished, if both of us are…
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PPI refunds when 100% repaid
We completed our IVA over 18 months ago. In the end (as one of our creditors chose not to claim from the later settlements) we ended up showing as having paid 100% of the debt back, as all other creditors were paid in full. However, there were still PPI claims being pursued when the agreement ended which we have heard…