Been in an IVA 16 months now, just wondering how other forum members are managing, I was feeling particularly downhearted yesterday, car giving problems (it's getting old just like me) having real problems trying to raise money to get it repaired, I felt like packing it all in until I sat down and prepared a +/- list.
+ve list
- No monthly credit card statements that I can't pay
- Don't have to draw cash on my credit cards to pay monthly bills causing me to get deeper into debt
- Don't wake up in the middle of the night in a cold sweat worrying how I am going to make ends meet this month
- No threatening letters from creditors
- No debt collectors letters
- No phone calls demanding money at all times of the day and night
- Secure in the knowledge that if I can take the pain for another 44 months this nightmare will be at an end and I will be completely debt free
- Could have a really favourable 4th year equity release if the current financial trend continues (sounds selfish I know!!)
- Continue to use this forum for reassurance and advice, I find it really helpful when I am having the blues
-ve list
- Money really tight every month, very hard to put money aside for contingency's
- Really miss my holidays, would love to go abroad but can't afford it
- The car is a constant worry, the older it gets the more it costs, can't do without it, need it for work
- Household appliances getting older, hope they last out another few years
- Have to make excuses when friends invite me out for social evenings, can't justify splashing out on meals, booze, etc
- Have to watch what I spend, need to justify every penny, I'm turning into a skinflint
Well I have convinced myself, the +'s far outweigh the -'s, I am going to soldier on, 44 months isn't too long, is it [?][?][?]
IVA COMPLETED ON THE 17th MARCH, FINAL I&E COMPLETED 26th APRIL, COMPLETION CERTIFICATE ARRIVED 2nd AUGUST
