I am new here - just found out this brilliant site - yipee!!!!!
It all started last September when I bought a £78000 house in Wales as an investment - put my life savings in it £20000.(I live in newcastle). I met someone on the net so I was going to rent it to her until I move down there to be with her but it all went pear shape in December 2006 - you guessed it (the money she owes me) - I bought items (£2000)for her but she said there were GIFTS plus I bought everything brand new for the house as you do (on credit cards)and a settee on HP - I am still renting the house to her and she doesnt pay me the extra rent at all but i recieved £300 per 4 weeks (housing benefit) - thats all, even tried to get that paid straight to her but the council saw right through her. She owes me legally £2000 and counting. I am in the process of evicting her (court case is on 24th JULY) with the help of a solictor but it costing me a small fortune. Plus I bought everything brand new for the house as you do on credit cards and a settee on HP. Now she has wrecked the contents / house - she swindled me out of thousands, I owe my mam £12000 plus the rest - increasing every month.
Now I owe £7000 in credit cards, the settee £1300 left on HP and overdrawn £700 (my limit to which I am at now) - got paid on the 1st as well. I have been in touch with debt counsellors - had a great talk with him last night - put my mind at ease. Suggested for me to go in IVA but I said it would be only for until I sell the house which might be (Nov - Dec), fingers crossed and then my troubles will be over but in the mean time NOW, I cant survive. I will be occuring new debts (Solicitors Fees, water rates, gas/electric/ council tax, small court fees, petrol, (repairs to the house - thousands) housing benefit will stop when shes finally out / evicted - it will be in middle of August hopefully. I have got to take her to small claim court but shes unemployed - no doubt she will probably be paying me back £5 per week for the rest of her miserable life.
Pay is 996 and housing benefit 300 (UNTIL TO AUGUST) = 1296
OUT goings is 1250, they dramatically increase by middle of August.
What does IVA entail as I am anxious / worried. Can I still use one of my credit cards. He sending me the pack within the few days. As i said before, Its only for short term until i sell the house.
Sorry for going on - take care.
