calm before the storm..gonna need support

[shazzles]

finding myself today going through waves of what ifs..
im just wondering if any of you out there were brave enough before your creditors meeting to put together a plan of action if all goes well, like saving for holidays and xmas etc...

[debbiw]

Hi Shazzles. Yes I did, and I think its a good idea. The more organised you are with your budget, when your IVA is approved, then the more chance your IVA will be sucessful. Plan away!

[caraf]

Hi Shazzles.
Yes go on plan away, thats what I did to keep myself positive. Its really nice planning things with real money!!
Just remember that over 80% of all IVA's are accepted.
Please could you remind us who yourcreditors are, what you are proposing ? when is you meeting again ??

[shazzles]

hi
Meeting is tommorrow at 12.15pm.
Creditors are
HSBC Loan 17500
HSBC Overdraft 1000
HSBC c/card 700
Marbles Card 8000
Cahoot 5000
RSPCA card (BENIFICIAL) 6500
mothercare card 350 (GE)
Capital one 200

Im offering 22p in the pound but expect it to be slightly increased due to stories of HSBC i have heard...

[caraf]

Good Luck, I will be thinking of you. Let us know how you go on. My IVA was approved at 30p/£ and my husbands at 40p/£ but didnt have any of your creditors. Are you expecting a modification to increase you monthly payment ?? if so be sure you can afford it before you say yes!!

[shazzles]

yes im expecting my monthly payment to go up a bit, due to hsbc wanting more in the pound so ive heard,,

[caraf]

Yes I had an increase of 60.00 per month. But I already had messed around with my cashflow and thought about what increased I could afford, so I was ready !!
Good Luck
Just keep yourself busy our meeting was at 12.45pm and Clearstart rung us at 12.48pm with the news. Who are you with.

[shazzles]

im with debt free direct. My monthly payments are £240 at the moment so i think i can afford to go another 30 pounds higher if needs be.

[caraf]

Brilliant, sounds like you are already and prepared. I am really enjoying budgeting and buying things with real cash !! it really does make you think about weather or not you actually need it, and more often you dont !!!!! When I do my weekly shop at asda I have cut down on quite a few things now, and although I have only been doing it for approx 8 weeks I am now getting god at staying with my £400.00 per month food budget

[Shining]

Hi Shazzles, you sound organised and have planned for an increase, something I hadn't done! I think it's normal to have the what if's prior to your meeting. My second week of budgeting and so far so good! Not going to tell you it's easy but like Caraf I'm seeing it as a challenge and one that I can continue to do to the best of my ability.

[aguise]

Not long now shazzles. You stay positive and plan away to your hearts content. I am sure you will be fine tomorrow, and you will be ready and prepared. Just keep busy, I think i washed and cleaned everything twice but it passed the time.

All the best

Ang

[shazzles]

thanks Ang! You guys are the best. Having a kind of calm day here, son as at college interview and my little 2 year old one is asleep at the moment, and im just faffing around on the computer! LOL I really cant wait till tomorrow is here but i know its going to be the longest wait ever!!!

[Shining]

Shazzles, try and keep busy, I'm sure the time will flow. The day before my meeting day, I had mentioned to my daughter that I was having the day off work (she doesn't know about IVA), she asked can you take granddaughter to nursery! eeek has to be there at 12.45. Couldn't say no, contacted IP explained, all ok. That morning I could do nothing, I had so much planned but at 12 noon I still wasn't dressed (meeting at 12noon and 12.05), IP's office rang at 12.14 to advise both approved with modifications and then I had a very quick scramble to get granddaughter to nursery on time! Try and be like Ang as I'm sure it's much better for you!

[TheMatrix]

You'll be fine. The votes are probably in already, as I doubt any creditors really turn up to these meetings in person anyway.

Still remember taking that day off work though, and ringing the IP 30 minutes after the meeting for "any news".

[shazzles]

hello!
Its ok i am off work anyway. Just wondering has anybody on here ever phoned the ip before the meeting??