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IVA proposal help needed
Filling in my IVA proposal and need some help with the summary of events leading to my finacial difficulties. How much am i expected to write?How much detail? Can anyone give me some guidance, thanks
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private renting a house & renting ours out, can it be done??
Hi all Were in year 4 of our IVA, and its flown by!..Its a joint IVA and weve been good. The thing is, i start university in September, and want to move closer to the area, quicker, easier and cheaper, and my son is getting in with bad crowds were we live....after just getting over cancer i want a fresh start....and to get…
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Equity release in year 5
Hi I have 4 months left of my IVA (or rather I hoped I did). The original arrangement requires an equity release of £37k to complete the IVA. I've just spoken to my mortgage provider today, and despite having ample equity, they point-blank refuse to consider a further advance. Having done a bit of research, I suspect this…
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IVA taken over!
Can anyone help? I took out an IVA almost 3 years ago , the company that were supervising it have been taken over by another, and I'm not convinced they are acting in my best interests! Is there anything I can do? :(
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currently on a DMP, considering an IVA Advice needed please
Looking for some advice please. We sterted our DMP in June 2009, with the CCCS. We currently pay £300 a month which means we pay our creditors about 1/4 of them amount we use to pay each month & constanlty have them on our backs, especially LLoyds TSB. Ous debts are around the £50k mark (mine & hubbys combined) and if…
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Divorcing, how to move forward?
I am just entering the process of divorce on top of awaiting my IVA proposal to be drawn up. Really I'm cleaning up my life after feeling like I've been dragged through the myre (sp) for so long. It is (so far) amicable, but I want to stay living in my house. I built it myself and put my heart and soul into it. It is the…
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Help someone please, it's too much.....
I am gathering up all my bits and pieces for my IP and everything will be returned tomorrow. I am 50k in debt, My OH is about the same and he is going through his own IVA and at the same stage and he hates the sight of me... Basically it is ALL my fault and I can't live with myself for that. We made a bad decision to…
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Pay rise while in IVA
Hi I started my IVA with CCCSVA in January, and I assume that I will have an annual review in December / January. I have recently been informed by my employer that I have received a cost of living rise of 2.3% back dated to 1st April - I have written to CCCSVA to inform them of this. My question is will some or all of this…
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really need advice
last year we entered into an iva, at that time we were claiming tax credits and both working. now we've had our tax credits cut as my wife had her hours cut, and the child care element was totally reduced. so we were £500 short each month according to the iva advisor. they told me to petition for bankruptcy by i have a…
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Lloyds tsb/bank of scotland - any experience?
Hi I was just wondering if anyone has any experience of dealing with Lloyds TSB or Bank of Scotland with their IVAs? I am currently looking into an IVA and hopefully will commence the process very soon, (just waiting for a callback after making the first very nervous move to contact CCCS!!!!). It is Lloyds and BoS that we…
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Desperate for advice and where to start with setting up an iva!!
Hi - please help, I'm in desperate need for some advice on the way out of my mess! My husband and I are £55,000 in debt (all unsecured), we do not own our home, we live in a rented property. We are really struggling, we have been for a while, but it's that old 'stick your head in the sand'. We have to address the problem…
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Renting a property with an IVA
Obviously when renting they run credit checks on you and I have an IVA and my partner has debt management program in place. So ho do we go about renting either privately or with an agency when they run these checks - I don't want to fork out more money for checks if they are going to say no straight away when they see our…
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Confused
Hi My wife and I are both on an IVA and have had a statement ( or whatever) each. This shows our debts and what has been paid etc. there is a joint loan and bank account so each paying of on iva ,is it right that the full amount should be on both of our statements or should they be shared between us as it seems we are…
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How easy is it to get a mortgage in an IVA?
My IVA was due to be completed in August of this year, but creditors accepted an offer in F&F in March and I'm just awaiting my completion paperwork. My question is, how easy would it be for my girlfriend and I to get a mortgage with the IVA sitting on my credit file for another year? We have a £20k deposit sorted, which…
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IVA's and Mortgages
I'm hoping someone can give me some advice. My husband and I are seriously considering going into an IVA however I have concerns over the impact this will have on our mortgage. I had heard before that when entering into an IVA it is usual practice to switch to an interest only mortgage - is this actually the case? I really…
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Review food, toiletries and cleaning
We are having our 1st annual review and at the moment we have £100. a week for food, toiletries and cleaning for a family of 5, this is not enough but as our mortgage went down we have had a little extra. I wondered what everyone thinks, do we need to pull our horns in even tighter or could we ask for more? Thanks
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Joint Mortgage and sole IVA: Can i get another mortgage?
Hi first time posting on here...hope you can help? I went into an IVA in January 2010 and obviously I am aware that I can have no credit for 5 years so 2015, but my husband has recently queried as our 2 year tracker mortgage finishes at the end of this year...he is convinced we will have to sell our family home as i won't…
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Equifax do not recognise a DRO?!
I am going out of my mind with this one! Basicly I want to join Virgin Media. I was with talktalk but have serious internet connection issues, and my phone has become a fax line when anyone tries to call me. I have had these issues getting worse for the past year, I contact talktalk, the faults team explained to me the…
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Help and advice needed please x
Hi, I am considering an IVA or bankruptcy and would appreciate some advice on what would be best. My situation is that I have about £45k worth of debts in loans and credit cards which my ex-partner totted up during an abusive relationship transactions under duress and fraudulent transactions. I am currently in contact with…
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some advice required for Debt Relief Order
I have a total debts of some 8k which were accumulated over the past 1 and 1/2 years. I'm a university student and I used to work part time. However, I lost my job recently and I could not see myself getting employ in the near future. I must admit about 60 percent of my total debts were caused by my bad habit playing…