nervous worried .... can't cope

[kal]

Hello Anxious
Just wanted to welcome you to the forum - you will receive sound advice on here, and you will find most people are in or have been in similar situations to you.
I am in my 3rd month of an IVA - NR being my main creditor, so there is hope that they will accept.
Only my Mum knows about our IVA, and that is the way it will stay - although you should not be ashamed of your situation as you are doing the right thing by trying to makes things right.
Good luck in whatever you decide to do.
k.

[quark2008]

Anxious1, when is your creditors meeting ?#13;#10;

[e.h]

Hi Anxious

Welcome to the Forum. You will get all the support, advice and shoulders to cry on here. Most of us have been in the same position that you are in now and it is scary waiting to hear whether your propsoal is accepted but at the end of the day, if it isn't, there is always another way. Try not to stress too much (easier said that done I know) and let us know how you get on. Keep your chin up.

Liz
x

[Viki.W]

Just wanted to welcome you to the forum anxious, we're all here to support you so keep posting. Viki X

[aguise]

Hi Anxious and hello from me. The ebst thing is to be informed understand all of your options and then make a decision to which is the best solution for you. We were all scared and unsure at the beginning, stressed waiting for our meetings. All these feelings are quite normal. Get advice from someone else even if to get conformation that they advise the same.
All the best we are always here for advice or a natter if need.

All the best Ang

[chardonnay]

Hi Anxious,
Just wanted to welcome you to the forum like the others. You are amongst friends here and can be honest, desperate or happy - what ever the day brings and we will support each other. The great people on here have helped me see the glimmer at the end of the tunnel - and it gets brighter each day.....
Hang in there,
Hugs,
Chardonnay

[nolongeranxious]

Hello everyone, I just wanted to say thank you so much for all your replies today. I feel much calmer than i did earlier. I'm sure you know where I'm coming from when i say that i have these episodes where i have a 'freek out' and think the world is crashing in on me! But tonight i feel like i have friends out there who i know have been there too and know how i feel and what i'm going through.
I've decided not to tell my family anything just yet. If and when i get into an IVA I may reconsider but i'm not sure. I don't want to tell them anything until I know for sure what is happening myself. I know they will just worry and there is no point. So they know I'm 'skint' at the moment but thats it. and thats the way its going to stay.
Thanks again,
a slightly less anxious 'anxious1'!
x x x

[facingittogether]

hi anxious

just wanted to say hi and glad you are feeling a little better this evening!

you are amongst friends on here who will support you, dont be ashamed as most of us on here have been in similar situations and no one on here will judge you!

keep on posting whenever you feel anxious or down as there will be someone on who will try to lift you back up.

as for nr, they were hubbys main creditor, we were offering 30p in the £1 and our iva got approved in april. iam not an expert but it seems to me that nr do seem to be accepting more ivas if it is the best offer being put forward!

keep yer chin up, you will get through this!

love barb x

[aguise]

Another forum name that I am sure will change in the future, maybe from anxious to, not so anxious then to stressfree. no good with names as you can see .
Keep with it yo will be fine.

Ang x

[MrsO]

Hi Anxious,
Just wanted you to know I have just started this process and I have been so stupid with money and I do not even have a house to show for mine. I too am really worried that they do not accept my IVA, I was actually sick yesterday with worry. I have not posted much on here but when I have the responses and support is second to none and just reading some of the stuff without posting is very helpful too. Good luck hun xx

[MelanieGiles]

Are you absolutely sure an IVA is the right solution for you - I am not sure it would be one I would recommend, given that you have debts of only £23,000, equity of £16,000 and presumably the ability to fund ongoing contributions.

Although Northern Rock are now accepting more IVAs, they are also very careful scrutinisers of your statement of affairs which may indicate that if you were to pay contributions and also sell your property, you could probably afford to repay them in full over a much shorter period than you are proposing in the IVA.

Sorry to raise this issue - but I am suprised that your IP has not. A debt management plan may be a better option and should certainly be considered as a fallback in the event that creditors reject your proposals.

[Loads]

I totally agree with Melanie, sometimes the answer is staring you in the face but you just dont want to see it. A DMP would be an option while you considder selling your home or perhaps to wait for the mortgage market place to soften and look at geting get a further advance, you may then be able to look at a Full & Final IVA which Melanie could advise you on.