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Need advise on F&F settlement pls!
:think: Hi all, Really struggling here and could do with some advise. My partner has an IVA which began October 2006, he has 18 months till it finshes he currently pays £595 per month towards this. Since his IVA (which begun before we met) we are now expecting a baby - due in September - and he has now moved in with me. I…
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Mortgages in IVA
I remember when I first started my IVA that the agent I spoke with said that I could still get a mortgage with an IVA. I never actually persisted with it and 4 years into my IVA I am now thinking about that possibility again. Clearly I wont be able to have a deposit because the creditors will want to know why I have a big…
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IVA missed payents help
Hello Can anyone help me, i have been in a IVA for a couple of years now and last year i got into arreers with my payments, it was sorted out and my monthy payments reduced and IVA extended slightly, the same thing has happened now, only this time my IVA company is suggesting that my IVA should be terminated, i am now very…
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Help on DRO, Im lost
Hi everyone. I'm 26 Married and thinking about a clean sheet in the near future. From the age of 18 i was offered credit cards and debit accounts mobile phones etc and being stupid I accepted them all. Today I am around seven grand in debt owing to so many companies I cannot keep track with out the paper work i have…
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Me in IVA, Mum as guarantor on loan help!!
Hi all i am 2 years into an IVA for which a loan from Blackhorse was taken into account in full. My mum was a guarantor on the loan. Now she is being chased for it, but as the whole amount was taken into account when the IVA was agreed can they do this? Thanks In Advance. Tom
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IVA and self employed accounts
I have today spoken to two companies regarding an IVA, Payplan and ClearDebt reccomended on IVA.com. ClearDebt said that they could definatley help me but I would require audited accounts as I am Self Employed ( I have done my own accounts for the past 8 years and never used an accountant, as my business is very small )…
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Help! Cold call from galaxy finance for an iva -!!!! ????????
:eek::eek: Hi peoples, this is my first post and i hope i've it in the right thread.. anyway I was hoping if anyone has ever heard of or had dealings with a company called Galaxy Finance. As I received a cold call from one of their reps offering me an IVA....! According to his script their company is working with the UK…
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Just when I thought life was getting better...
Hi Everyone. I've lurked here for ages but this is my first post for a while. I entered an IVA in July 2005 but then negotiated a F&F which was paid and the final completion certificate dated 27th Jan. So - a new start! My partner and I moved from a rented house and bought our first home nearly 2 years ago - everything in…
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Mortgage Prospects Post-IVA
Hi My husband is just about to enter into the final year of his IVA - the debt is purely his, from before we met, and is not linked to me in anyway. Our house and mortgage are in my name only, from before our relationship, I have a very good credit rating, but am currently unemployed. I am seeking part time employment, but…
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Fluctuating settlement amounts given by IP
Hi all, I posted up some time ago with regards to an inheritance my fiancee had, and the effect an IVA would have on it. We finally have the inheritance money in her account, but we have run into more problems with the IP. We asked the solicitor to write to the IP asking for a figure to settle the IVA - the IP contacted…
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IVA & Possible pension payout?!
Hi All We've just had our IVA approved earlier this month and now my husband has just been told that he has the chance of cashing his pension which would be about £9k - just our luck! Anyway, we were just wondering is it worth him cashing it or leaving it be. What percentage would the IVA take if not all of it? If only…
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IVA Moneyexpert.com?
Hi everyone This year has seen us in the situation that we can no longer afford to keep up minimum payments on our debts. I am looking at all avenues of advice initially have written to credit card companies to advise situation and offer reduced payment plan not accepted by any of them yet and have started getting letters…
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Can anyone help please? Trust Deed Questions
Hi all Hope you can help. I have a Scottish Trust Deed which is the same as an IVA basically. It is for 3 years. The 3 years are up in May, which in theory, is when I should make my last payment. Whilst paying my dues, I took a better but lower paid job. My trustees allowed me to reduce my payments each month whilst on the…
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IVA help wanted please
Hi all, Am new to this forum and would like to get some advice and help I need for my IVA. In July 2010 am going into my 4th year of my 5 year IVA. In the last year am running into problems paying my monthly payment of £339.00. I have not missed any payments but am getting loans from family and friends to make this…
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F & F Help Please
Hi All, I'm after some help please, myself and OH been in IVA since Aug08 paying £440 per month over 72months. when Its comes to August this year Im going to see if I can finish the IVA, Its a living nightmare, our marraige is suffering I have depression, I could go on but wont bore you all. I have never told anybody about…
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Brain Boggled - advise/help please
Hi, Been to CAB today who said as OH is not working can only do token payments but when he's back in work they would recommend a IVA. Owe £52000 - he suggested a repayment of £400 per month at 40p on the £. What he didn't mention and I am picking up on is the 6 year/remortgage thing - is this compulsary as we do have some…
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Due to start a job with dro in place...help
When i start the new job i will have to tell the official receiver my new ingoings and outgoings, i've had to tweak a little bit to come under the £50 excess, can anybody give me any advice on my figures below and if they think they will be fine? I live in a 3 bed terraced house, just me and my 4 year old daughter. IN>…
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Any update of the DRO and possible pension pit increases?
Any update of the DRO and possible pension pit increases? Keep looking at the insolvency website but nothing yet. Just looked through that huge legal doc and cant see anything about pensions...grrrr. If the changes dont happen soon its BR for my BF.
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Equity release/6th Year & Northern Rock
I've been reading on here that Northern Rock have a tendency to ask for a 6 year term if they have over 25% of the debt as they know they have you over a barrel. My question though is if they do ask for 6 years and I accept it do they still do the equity check in year 4 and potentially add a 7th year on if you cant release…
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Help please with DRO and creditors?
Ive applied and been accepted for a Debt Relief Order some time ago now on the 21st of january and i have the letter to prove it, BUT 2 of my creditors are still sending me threatning letters all the time, Welcome Finance and Argos. Can some one Help me on this please on why there still doing this and if they should be…