Just starting the IVA process

[TheMatrix]

We all go through this when we set up our IVAs, I was very anxious at the start and had all sorts of thoughts running through my head with all the what ifs.

Hopefully everything will work out for you and so long as the creditors get more through the IVA than through BR I'm sure that it will go through ok.

Good luck.

[Viki.W]

Hey cheryl, don't panic, please wait for an expert to advise you. I do know that you will need another bank account where your salary will go into, your essential direct debits will come out of and also your IVA will come out of. It is worth doing this now ANYWAY, make sure you just open a basic account with no overdraft. Who do you bank with now and who are all your creditors? Viki X

[cheryl38]

Lloyds and creditors are lloyds, halifax, mint, egg, northern rock and allicance and leicester and virgin.

[Viki.W]

Hey cheryl, I don't think any of them are linked to co-op and lots of the forum members have opened them and say how good they are. Log on to their website and you can either apply for a current account if your credit history isn't too bad yet or a cash-minder account which you must do over the phone. Your IP should send you a letter detailing everything you must do so they are probably going to be the best people to advise you. Good luck, Viki X

[facingittogether]

hi cheryl

just want to say i am thinking of you as i know how scary this process is in the beginning!

but you are doing the right thing and you will get all this mess sorted! honestly - we were in so deep and ours got sorted!

keep on posting as you will get lots of help and advice on here!

sending you a big hug!

barb x

[cheryl38]

thank you for your support. as you can tell I'm very stressed, not sleeping, eating and have no one to share the stress. I am too embarrassed to tell my parents and just hope it gets approved so I can start to live again.

[Lisa2009]

Hi Cheryl,

The way you are feeling right now is completely normal as most forum members would agree.
I used to sit up until the early hours worrying, which is how i came across this forum.
Im sure your proposal wouldnt be getting put forward if there wasnt a chance of acceptance. Try to keep yourself busy and keep your mind off it.
You will get all the help and support you need from this forum as everyone joins feeling exactly the same but you watch as time goes on their attitudes change and they go from feeling very low like you are now, to feeling very positive and ready to face anything.

Best of luck with your proposal and please keep us informed xxx

[Julie]

Hi Cheryl,

As you can already see, we're all here to support you and have all been / are going through the sick with worry stage. Its also normal not to have told close family, we feel embarrassed, yet what we are doing is actually responsible,facing up to the fact we have debt and arranging a legal plan to repay as much as possible.

Keep posting as it will help, thinking of you x

[kallis3]

Hi Cheryl,

I can understand how you feel, I was also hiding some of mine from hubbie which was very stressful. It all came out and we took our first positive steps.

Our IVA was approved last month and the relief was enormous. Prior to that we had changed bank accounts and cancelled all direct debits or not made any payments on cards etc. Be prepared for phone calls and letters from debtors as soon as they realise they are not going to be getting a payment from you. DON'T GIVE IN and make any payments to them no matter how much they try to make you.

I am sure your IVA will go through ok.

Keep us posted

[facingittogether]

cheryl

in your earlier post you said you have no one to share the stress with! well you do hun! you have all of us on here, just post at anytime and someone will be around to listen to you!

if you want to chat offline, you can have my email address off admin, i am not an expert but i am more than willing to listen!

chin up hun - you are getting all this sorted and remember most people on here have been in sinilar situations to you so we all understand!

this forum will help you to stay strong and get through this i know it did me! you are not alone, so dont think you are!

love barb x

[angela18]

Cheryl.. don't make yourself ill.. we have all been there and there is an end.. you just need the right advise. Melanie was brilliant when I first started and I was ill, crying and not sleeping.. things couldn't be better now IVA accepted (well could be, if hadn't got into debt infirst place[:I]).. hang on in there.. i'm sure it'll all turn out well in the end!!

[facingittogether]

hi cheryl

just want you to know i am thinking of you and hope you are feeling more positive and brighter today!

there will be an end to this hun! trust me, you are onwards and upwards now!

sending you a hug!

barb x

[Soulgrowth]

Hi Cheryl ... I just also wanted to say hang on in there. It is all very worrying at this stage I know ... but you are doing the right thing and WILL get better ... promise

Debbie

[cheryl38]

Today was walking through the park and just burst into tears. I really feel on the edge with it all. I don't want to lose my house and am waiting to hear from Debt free Direct (who now own clear start) as to when the process will begin. Has anyone had dealings with Debt Free Direct?

[facingittogether]

hi cheryl!

just want to say i am sorry you are still feeling so down!

i have never had any dealings with debt free direct! have you spoken to a couple of ip s?

we are with melanie giles, she and her team were brilliant from start to finish!

someone on here will hopefully be able to advise you about debt free direct!

thinking of you and remember keep posting, there are lots of people on here who will help and support you!

love barb x