I have to decided to cancel my IVA proposal

[Mrs_Moody]

I have to decided to cancel my IVA proposal, meeting was set for the 12th October. Thank you to Skippy & Co who made me relaise before its too late that an IVA isnt the way forward for me. I admire your willingness to hand over all you can to these people, but I just dont share your enthusiasm for that way of life. Thanks to all who have helped with all my queries over the last couple of months & good luck to all you people starting out on your journeys.

[relieved33]

Mrs Moody, I hope that you find a solution to your problems that you're comfortable with. Hope all works out well for you.[:)]

[Julie]

Hi Mrs M - I think you have made the right decision for you at the moment. You have to be 100% certain an IVA is going to work for you and be comfortable with the proposal.

Have you thought of what you're going to do now? Is BR an option for you?

[Skippy]

I think you have made the right decision. As Julie says you have to be 100% committed to an IVA, and if you're not it's either going to fail or else you will have a thoroughly miserable 5/6 years.

Good luck with whatever you decide - have you thought about whether you will go for a DMP or BR?

[kallis3]

I think you have made the right decision as well if you are not 100% committed to an IVA.

What are you going to do now?

[Mrs_Moody]

No BR is not an option. We dont need to do that. My husband has just been promoted and is climbing up the work ladder quite quickly, we can pay our debts and have some money left over now anyway. Rather do that than be told by a stranger how to spend my money. We work hard for what we have and I'm not willing to be treated like a naughty child.. and be happy about it!!

[Mrs_Moody]

Thanks guys, I feel better already, like a weight has been lifted. I have found entering an IVA far more stressfull than the debt itself. My husband wasnt overly comfortable with the whole IVA thing anyway.

[kallis3]

I'm glad you are getting sorted Mrs M, but I have to say that with our IVA's we don't feel we are being treated as naughty children, and we are quite happy to learn how to budget and then manage once the debts are gone.

[MRBLUESKY]

what ever direction you decide to go mrs moody good luck,its important to be comfortable with a iva ,it was the right route for me but its not the right route for everybody.the professionals and members on this site can help you all the way whatever you decide.x

[Mrs_Moody]

Somebody you dont even know telling you how to live your life, telling how much you can spend on food shopping! That just doesnt suit me, I'm a big girl, I'll decide how my wages are spent. Please understand thats just the way I feel.

[kallis3]

That is obviously your opinion Mrs M.

I'm quite happy to live within a budget as I can't afford to pay my debts back in full, so any help in paying back less is gratefully accepted, and I, and the majority of posters on here, are happy to live within a budget. I've not felt particularly constrained within mine at all.

Each to his own though, and it's obviously not for you.

[Skippy]

I don't see any problem with having a budget - an IP doesn't want all your shopping receipts!

Most people use an IVA as a learning tool to help them budget after years of living beyond their means and the majority of IVAs are very successful.

[Julie]

I'm glad you 'll be able to pay your debts in full without entering a management plan.

Everyone's circumstances are different, as are opinions on IVA's etc... personally I don't see it as being treated like a naughty girl. Ip's are there to liase and to make sure payments are being made fairly. Granted some IP's are better than others.

I wish you luck xx

[marky b]

i am quite happy for creditors to treat me like a naughty schoolboy if it helps me out of my spiralling debt problems.
if your able to pay your debts back in full and have some left then im glad for you.
However much you earn you still need to budget and its teaching us that.
If my wife wasnt happy with the iva i would not personally try and talk her into it.

[kallis3]

I really don't see it as being treated as a naughty school kid. I look at as being given a second chance. Be debt free in a few years and also learn the value of budgeting.