Hello all again, Been 2 years since I started the process of my IVA and the great news is....I made a full and final settlement offer end of October and it was approved 30 days later with the help of my IP. My outstanding amount, had I continued paying monthly would have been around 12K, I made an o...

Hi all, It's been 9 months now since my IVA started and thought I would just comment, it is the best thing I have ever done...so far anyway. So nice to have no money worries and to sleep at night. My monthly budgeting is great and finding that each month I have money left in the bank....which I am r...

Thanks for everyones help and advice. Had my creditors meeting today and pleased to say all was accepted as proposed. My IP has been great giving me the maximum allowances available and must adnit, i'm now very happy with thee result. slightly under 29p in £ and can look forward to an end to money p...

Thought I would post an update... I contacted all my creditors this morning by phone, thought I prefer to call them, than they chase me. Told them all that was having trouble and I have applied for IVA and it is underway. Gave all the reference number and without exception everyone of them were bril...

well just had my first virtual meeting with my IP and they are preparing paperwork to send me. Seem very nice people. basic figures are income 2150 they propose giving me maximum allowances and worked out living and expenditure as 1800 including car payment each month, which i need as work 24/7/365 ...

Thanks again, glad this forum is here. I've just had an email from my IP to arrange for an in depth phone call re my application and so this should happen in next couple of days. I am guessing from that, they make the formal notices. Carring George are my IP and so far, they seems very good and unju...

Hi, HSBC are not a creditor. I have spoken to my IP this morning and they advise to have my wages put into new account also they say best to make token payments to all creditors. My present bank, Barclays, hold an overdraft but also a loan account which is due to be paid on 27th. I am worried that t...

Thank you all for your guidance. it does seem strange talking of my personal finances in a public domain but think I am at last doing the right thing although embarrassing. I will cancel the outgoing payments and have my wages to the new account. As this month wages will be paid early due weekend is...

Thought may be worth mentioning too that until now I have not missed or been late with any payments on loans or credit cards and all payments are up to date. Just thinking that if I have passed my debt figures on to my IP for the application process, will I be messing things up if I continue paying ...

thank you for your comments, i have applied online now for a Coop account as a back up. As this may take a week or so to complete, if accepted, I may continue with HSBC for next month or so. Should I transfer my wages this month and stop paying creditors

Hi,This is my first posting and I have just started the process in applying for an IVA. So far have only gone as far and being asked by my IP to supply supporting documents which I will send to them tomorrow. Just for info total 47K and looking hopefully of payments around £420 a month. no morgage....