Thanks to everyone for the advice. I have arranged the payment break and completed a new I&E, but there's more going out than coming in. Does this mean I'll be forced to go bankrupt? The house is in negative equity and Picture, who we have the secured loan with are reluctant to let me sell it. Would...

Hi all I have an IVA and I'm coming to the end of my second year in July. I pay £478 per month. When the IVA was arranged, my husbands income was also taken into consideration to ensure that all the household bills could be covered as well as the IVA payment. On the 28th Feb, my husband left me. It ...

Hi I'm 3 months into my IVA and can honestly say its going smoothly - so far! I've got a thinkbamking account as recommended by Andy and that has helped a lot. My problem is I have a mortgage on my house for about £58,000 and I pay £450 per month, I bought the house about 8 years ago. I also took ou...

Hi all Just to let you know that my IVA was approved yesterday. I can't tell you how much of a relief it was to hear it! My creditors are: Firstdirect loan 16k firstdirect overdraft 1200 egg loan 15k egg crdit card 5k santander (car finance) 9.5k sainsbury's credit card 7k Alliance and leicester cre...

mine's 6th July at 11am. Lets hope it's a lucky date for both of us!

The Asda savings card is excellent, I've used it for the last couple of years. The bonus's also add up and worth it if you shop regularly. Tesco clubcard points also let you save your points up all year and they pay out in November. That means rather than getting the £5-6 per 3 months, with the extr...

It's certainly worth trying. I got my U-Fix £15 down to £5 per month this time. £10 a month discount may not seem a lot of money in the grand scheme of things, but when you live a pretty limited budget it can be a bit of a boost and you're right mobile phone companies aren't aware that you are in IV...

Hi Melanie Yes, I did make them aware of the joint aco**** and they did tell me to expect this, and it is his only debt. I am with debtlifeboat and I have to say they have been first class so far. I intend to write to firstdirect (as my husband is useless a this kind of thing) drawing thier attentio...

I'm going though the IVA process and my creditors meeting is the 6th July. I have around £75,000 worth of debt and the proposal is to repay £450 per month, dividend being around 27p in the £, if I have understood it correctly. I am solely going through the IVA but my husband and I had a joint accoun...