We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
Iva or bankruptcy please help
Comments
-
Thanks that's definitely worth looking into.Galloglass said:Get your partner to check with Stepchange or whoever if a DRO is appropriate for them too. IVA's can be cancelled but you lose all of the payments made and it's back to square 1. But square 1 may be a better starting point for a DRO.
I've read somewhere that 27% of all Creditfix IVA's get cancelled.0 -
Evening guys dro is still going through I need a to ask a question I've tried searching the Web but haven't seen anything on the matter as it stands I've got a good chance of being excepted however my partner has just received pip that we applied for 3 months ago is this going to stop my proceeding with my dro.0
-
No it won’t, PIP replaced DLA, so your income rises by the amount of your PIP, but your outgoings also rise by the same amount, as it is a benefit for specific medical reasons, so your disposable income will stay the same.Shaunw1987 said:Evening guys dro is still going through I need a to ask a question I've tried searching the Web but haven't seen anything on the matter as it stands I've got a good chance of being excepted however my partner has just received pip that we applied for 3 months ago is this going to stop my proceeding with my dro.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
That's great news thanks because my partner has been awarded pip I may be entitled to the careers allowance wich is around 150 a month that gets payed via universal credit will this effect the dro?sourcrates said:
No it won’t, PIP replaced DLA, so your income rises by the amount of your PIP, but your outgoings also rise by the same amount, as it is a benefit for specific medical reasons, so your disposable income will stay the same.Shaunw1987 said:Evening guys dro is still going through I need a to ask a question I've tried searching the Web but haven't seen anything on the matter as it stands I've got a good chance of being excepted however my partner has just received pip that we applied for 3 months ago is this going to stop my proceeding with my dro.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards