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DRO & Solicitors
Hi hope I've posted this in the correct place.. Long story tried to cut short. My mothet put in a claim nearly 3 years ago after a fall leading to a fractured skull and other things. The claim was coming to an end and the solicitor was about to inform the defendant that she would accept X amount but unfortunately my mother…
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help needed , iva non claim cheque refund ????
hi, i have been contacted by debt free direct,,, they have send me a cheque back , apparently one of my companies i owe money too didnt claim it. my iva finished in 2011 !!! 4 years later a cheque lands on my doorstep , i ring them up and they say dont spent it as my claimant can still claim ,,,, help... what do i do ??…
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Desperately seeking some advice
Hi all, I am in a real mess, and it has, for some time, affected my mental health with serious bouts of stress, anxiety and depression. This is a summary of my current position: Home - shared-ownership home, owned in my wife's name ONLY. I am nowhere on any documentation. Debts - Water companies (x2) 5000 Energy provide…
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It's over!
I just have to share - after 6 looooong years our final payment to our IVA was made on Dec 1st 2016 - it's over! Finally! Could not be more happy. We do have to fill out some form of PPI forms which im sure we have already done so i need to look into that - but roll on the day we get our certificate! I wouldn't wish the…
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DRO and Matched Betting
I have been looking into matched betting and was wondering how proceeds from gambling would effect a DRO. I know it is not taxable, but is it considered income? Would a DRO be revoked if I earned more than £50 a month?
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Dro / iva?
Who do I need to contact to find out if I can qualify for one? Stepchange have suggested to me a DMP, but it looks like its going to last over 5 years, and I'd like to know more about whether we would qualify for alternatives. We have no assets, not homeowners etc, so its an avenue I'd like to look at.
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IVA Advice
Hi Everyone Looking for some advice from people that have been through this process I'm considering getting an Iva . I have been paying all my debt and it's up to date, but by the time that's all gone I barely have enough for food and fuel before there's nothing left. I owe around 40k, half on a loan that has 6 years to…
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Will my IVA be Cancelled
Hello all. I currently have an IVA with Harrington Brookes. I have just completed 2 years. I have just submitted all my bank statements etc, and explained a few things on there. Basically, every so often, my ex partner has paid some money into my bank account, to help out with child care etc, and for any bills that have…
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Proposed Variation & Deed of Assignment
Hi, Looking for a bit of advice, I have three payments left of my IVA however I received a letter from Debt Free Direct asking me to agree/disagree to a proposed variation and also sign a Deed of Assignment in relation to PPI's. I really don't understand the terminology they are using. Do I agree to these and sign as I…
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DRO and Budget Form
Hi all, I am just about to send my DRO application but I have a question regarding the budget sheet. The intermediary have said my partners wages need to be included. I don't work and have been signed off sick through long term illness. All the debts are from credit cards before I met my partner. I'm not quite sure why she…
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Finishing an IVA - Can we now buy?
In August 2017 my wife and I complete our IVA. At the time of our IVA start we were shouldering around £20k of unsecured debt and had a joint annual income of around £27k. In 2013 we surrended our mortgage and had our home of 13 years repossessed. We werent in arrears but we actually wrote to the lender and informed them…
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Is a DRO right for me?
Sorry for the long post. For the first time in my life I'm trying to become debt free so PLEASE do not judge. I've thought about a DBO since January but never looked in to it but I've now read about the DRO quite intensively the last week and a half but I still need some advice/guidance/nudge before I call the National…
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IVA from first marriage debts
So I have an IVA currently in place and have been for 3 years. My ex husband went bankrupt quite soon after divorce so everything was then my responsibility. I have another 3 years to pay. I got married 2 years ago and my husband now have said he don't want his wages included in the income for the financial breakdown. Is…
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IVA & Creditors
Hi All, I currently have an IVA via Stepchange to pay just under £20,000 of debt. I am 17 months into this agreement and have never missed a payment. I have paid approximately £4500 of this debt back to 10 different creditors. All has gone smoothly so far, all creditors have accepted the IVA from Stepchange and I've never…
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IVA 10% Rule
Hi all, I currently have an IVA with Aperture and coming up to 12 months paying £130. I work long hours and find it difficult to contact them. This month I have been paid a significant bonus from my employer and have earned another significant bonus for December. I appreciate that I must pay 45% of this but I am struggling…
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DRO and Defaults
Hi I had a Debt Reflief Order put in place on 5/10/2010. Can anyone clarify that any of the creditors included should not have my default dates as after this date or not? 2 banks have been removed off of my credit file with my DRO but 1 bank has me defaulting after that date. My credit file is spotless apart from them. Can…
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IVA Full and Final Settlement Offer
Can anyone advise how i go about making a full and final settlement offer for an IVA? I have 15 months left to pay at £373 a month. I would like to clear this as soon as possible and may be in a position to do so quite soon. However, i don't know if i make an offer or if the creditors tell me what they want paid to clear…
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Re-mortgage after IVA paid in full
Hi, little advise needed please, I have paid off my IVA with a final offer and have my certificate of completion 2 years ago, however I have 18 months before the 6 years has lapsed until its off my credit file. my query is can I re-mortgage to obtain a better deal/rate as I have never missed a beat with my payments on the…
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IVA Assitance
Hi guys, Having had a pay rise and being in receipt of a company car, my payments to Payplan for my IVA (been in it for three years) has increased to £730 from £270 per month. Few questions - my original debt was small for IVA standard (15k) but at the time, with my wage, it was massive. Had I been in the situation today,…
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OR officr
Hi, Unsure if anybody else know this but does the OR office shut over the Christmas/new year period? PW x
