I think they are referring to the fact that I have betting transactions on my statements, i.e. creditors could view that I would not be able to sustain IVA payments should I bet a lot in the future. Being absolutely honest by nature I would not, as said previously I am a little confused why what I did 2 or 3 months ago would make a difference, particularly as this has no relevance to the reason that I am entering an IVA.
I have always kept up repayments and it is purely because I have become liable for my ex-wifes inability to meet her half of the joint agreement which has tipped the balance for me. That is the sole reason going forward why I would be insolvent.
I am now worried because the length of time that I will have to hold off creditors is going to be elongated. Clearly hindsight is a wonderful thing and had I known that I would be requiring an IVA then I wouldn't have bet any money in the first place.
Do you think that what they are saying maybe incorrect?
The fact that you have gambling transactions on your bank statements has absolutely no relevance to an IPs ability to put forward an IVA for their client - this is something that I do regularly. I simply need to be satisfied that the gambling is not likely to occur in the future and that my client remains committed to the concept of an IVA.
I can see no reason for you needing to delay your application, but clearly the choice of IP is one for you to make and you must go with the firm that you feel will best represent your interests.
To be honest, I am not entirely comfortable with delaying it as I think it just going to make the process even tougher. I fully understand that no matter which way you go about it, it isn't going to be easy but I am not fancying having to keep creditors at bay for longer than I need to. I assume that tensions are only likely to keep increasing, the longer there is little movement towards the IVA being submitted.
I would admit that my actions may seem foolish in hindsight but I could never have seen what was coming down the line. The summing up reason that I have given them is that I cannot afford the repayments now that I am solely liable for a joint debt, as previously said, that is the straw thats broken the camels back.
Maybe I should look elsewhere if you don't think that the reason I have been given is credible. I think there has to be mitigation on it if that is permitted.
It is fine for you to feel that you may have been foolish - we have all had foolish moments in our past which we are not proud of. But you should not be judged by the professionals you are entrusting to act for you, if you are certain that you will not repeat those mistakes of the past.
I can personally see no reason to delay, and out of the 30 or so IVA proposals I present to creditors for my clients on a monthly basis, I can guarantee that around 10% of those will have had gambling issues in the past - which of course we explain to creditors, but to be frank creditors are rarely interested.
As a matter of interest, and setting aside this particular issue, what drew you to select this firm over the others you had also sought advice from?
If I was you I would tell your chosen firm you no longer wish them to act for you and contact Melanie and her company and ask her to act for you. I am one of her clients and have had a superb level of understanding and support so far. I am now half way through my IVA and thanks to their work I have felt like I have been supported every step so far!
I'd certainly try another couple of companies before making that final decision, especially if it's going to be delayed by you using CCCS.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Hi all. As you know, CCCSVA are very supportive to all our clients and we have contacted jsb1983 again today to discuss his concerns.
CCCS is a registered charity. We take great pride in offering first class help and advice, but we only offer this where we have been able to fully explore and understand your circumstances with you. We want to help you understand these choices and their possible implications but not make them for you.
Hi JSB - I would echo Melanie's comments - it is hard enough going through this process especially if you are feeling bad about the gambling and past decision however to then have to focus on having clean statement is placing priority in the wrong area.
Ultimately you need to do what feels right for you - remember this a long term relationship you are entering into, not just a decision for now.
Hopefully from the other companies you spoke to you have some comparisons to make but if you still have any concerns then speak to others until you are happy.
Regards,
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.
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JSB,
I am with CCCSVA and have found them to be extremely thorough in the set-up process, which in our case took 3 months,and cannot fault them in terms of their communication and attention to detail.Once excepted they have answered any queries immediately and the review process was straightforward.
But having read this forum for a while If we hadn't made our decision to go with CCCSVA straightaway because of how well they explained the procedure and supported us in conjunction with the research I had done on their success rates etc,I would also feel very confident in IP's like Melanie Giles who many people hold in such high regard,
Regards.
IVA completed with StepChange.
Last payment Sept 2016 CC Oct 2016
hi, if you've not signed yet i'd think about talking to Melanie Giles' team, she was our IP.
if you're having doubts listen to them. you may still go onto the CCCSVA after talking to someone else,a call will cost you nothing. don't panic,you'll get it sorted.
Nothing stays the same...everything changes..hang on in there!
I think that Rosepetal is right, if you are having doubts it's not too late to gain advice elsewhere. After all..as Tina says, it is a long term relationship.
We are all in the gutter but some of us are looking at the stars - Oscar Wilde. My blog: http://car1e.blogs.iva.co.uk/
Thank you for all the contributions, it's very useful to hear all of the different opinions not just from professionals but from those that are going/been through it, hence, why I have asked the questions that I have. It is not that I doubt any of the advice given, it's just sometimes tough to be confident about things you know very little about.
I have to say that the service I have been given thus far has been exemplary and I think a lot of my fretting is down to panicking! It's all been a bit overwhelming this week.
Either way, whether it is in 6 weeks time or 3-4 months time, hopefully, I will be on the road to recovery and all of the fretting will begin to be just a memory.
Keeping everything crossed for you jsb. We have all felt the way you are feeling and it is lovely when everything is approved and all the stress falls away.
