I was self employed throughout my IVA, and, because your income may now fluctuate, you may find that your reviews are calculated based on your most recent annual accounts. If you have a good accountant, these may be able to be, (legally of course) presented in such a way as to disguise any signific...

I was with freeman Jones,finished 2 years ago. By the sound of it they are going down the pan. They used to answer phone calls promptly,they were curtious to a point, Now it sounds like the are trying to be one of the big boys on the insolvency world.Too many clients not enough staff. Mind you they ...

Hi
We were with freeman Jones and found them good.
They answered queries pretty quickly.
They also answered the phone quickly.
We had about 15 different people who looked after our IVA which was a bit of a nightmare explaining things over and over again.
All in all went smoothly

Some of these were our creditors and we were offering 21p in the pound on a 100k of debt and we got approved

Good luck and I'm sure it will be fine

Good luck bigdebts we had 100k+ debt and feared the future,then we made the phone call in 2010.
Now roll on eight years we are debt free and in total control of our financial lives.
It's a long slog at times but well worth it.

First and foremost you are not a failure,many people on here have been in your situation,many people in a worse situation including us,we had a 100k+ of unsecured debt. We took the iva route as we had our own home that we could lose. We spent just over 6 years in an iva,it was hard going at first bu...

We had our iva with freeman Jones all went pretty smoothly until the last six month but hey ho all water under the bridge.
Very good communication on phone
Always listened and always rang back when they said.
What I liked best you got a text when they received documents that you sent

You pay 20% of your wages if you are in the building industry,if you are doing your own business you pay when you submit your accounts

I got PLI through simply business a few years ago whilst in an iva

I had a personal pension throughout my iva all be it a modest one of only £42 a month,it was mentioned at the beginning it might have to be frozen but it never was

Ah the good old NRAM 6 year amendments,this from the company who recklessly lent money to people who had no hope of paying it back. Then demand that those said people pay them an extra year as a penalty. Then they sell the debt on after 5 years (they did with mine) so what really is the point they a...

Also get a new bank account that is not tied to any of your creditors before you start the process.
We got a basic bank account set up with Nat West
Good luck

Don't be ashamed we had over a 100k of debt when we finally sought help,we weren't judged by our iva company.
But it was a long road to recovery with plenty of ups and downs.
We are all here for you,with tips,advice or just a virtual shoulder to cry on.
Good luck for the future

Congratulations and I am taking a swig of my wine to toast your future

Excellent post!!! I was too a bit of a gambler it was those roulette machines,although I never spent a lot or it was the reason for our debt, I was spending quite a few quid a month. Until we entered our iva I didn't realise how much I was spending,even now I still think off the money I spent on tho...