Token Payments????? Hi Could anyone please give me a bit of advice about token payments. Our IVA is currently being drafted and as advised i cancelled all my direct debits. I have been ringing creditors giving token payments as and when the most recent bill has arrived, we were up to date with all p...

Hi again, We are now at the stage of having our proposal drawn up, very quick i am pleased to say! My IP phoned today to say thta we are looking at a 6 year proposal due to us having a low offer and a large portion of debt is to the dreaded Northern Rock! Just wondering if it is initially a 6 year p...

Hi, We seem to be at a similar stage to you with our IVA, I too lurked on here and read loads before plucking up the courage to post anything on here or to ring any ips. My next hurdle was to ring creditors and make token payments.... very scary but surprisingly easy, all were quite civil! My propos...

Thanks cath, i feel a bit better now knowing that it is at least possible! We seem to have quite similar situations as like you my debt was spent on all the family, e.g next directory clothes for all and credit cards to buy the weekly shopping! Just waiting for my husbands accounts now then we can s...

Thanks again!, Yeah we are proposing interlocking ivas, if we were to do single i would not have any disposable income i dont earn enough to cover mortgage and bills etc!

Would that mean that BR would be best for me and if so what would happen with the mortgage ( joint ) and joint debts?

Thanks again for all the kind advice, I no longer feel like a criminal..... however i dont think i will be able to enter my local lloyds tsb incase they lock me in and make me sell my children or something .... haha

Thanks plastic draft! I am actually fearful and excited about the whole process in one way i cant wait to be in control of finances again and in another i feel a bit scared that my overdraft and credit card "safety nets" willo be removed! I will keep updating then hopefully people in the same positi...

I have taken the first step!!! After reading lots on here making a few calls and getting lots of advice i have decided to go with clear debt, so far they have been really good and michael has ben very good and patient with my persistent questioning! i am now in the process of finding all the relevan...

Thanks again for all the support and advice! On reading this advice i decided to ring a few more IVA companies to ensure i was confident with my chosen one. I have now settled with cleardebt (the first one i went to!) and have just recieved my pack and started to get all of the paperwork together. I...

Thanks for everyones quick replies! I have taken the first step and spoken to Clear debt. They have answered lots of my questions and i am now sure an iva is the way fwd. I am off to the bank in the morning to set up a new account and then i am going to cancel my direct debits to the creditors.....L...

Hi, I am new on here and have spent hours reading all the really helpful advice and general friendliness. I wonder if anyone can help me with a few questions?? My husband and I have decided that an IVA is our only real option we enqired about one last year but decided to see if we could manage on ou...