So the creditors variation meeting was held yesterday morning at 10:35, for the full and final offer. I hadn’t received any communication from them up until now, just gave them a quick call and it was all approved by the creditors, full and final payment is being made as I write this. Very happy! No...

Thanks for the advice. I have had my first response from Creditfix now, and they’ve arranged a creditor meeting on 21st July. They haven’t asked me for any bank statements or a review of my I&E though which I thought they might. How much notice would they have to give me if they were wanting to cond...

I have a question about making a full and final payment to end my IVA early My IVA is through Creditfix. It started in September 2017 for 5 years and I believe I made my first payment that month, meaning I currently have another 26 payments to make as payments are sent on the 1st of each month and J...

I also had these modifications applied to the IVA for it to be approved by the creditors. CF told me that none of this applies to me, is anyone able to make sense of it really means, and if any of it could affect me (particularly with the potential pay increase)? 1) The supervisor fee will be equiva...

Thanks for that, this is the clause written into my prososal: 7.4 The Supervisor will conduct a review of my income and expenditure every 12 months on or just before the anniversary. In the event that my surplus income has increased, whether through increases in my basic pay or of any routine overti...

I do have a question also. What 'really' happens with regards to pay increases? The Monday before my creditors meeting my employer had agreed to give me a pay-rise (having asked for one for quite a while) and I told them that I didn’t want it. Explained the IVA situation and that I was happier to st...

Realising now that applying for an IVA is all about the timing if you want it to go smoothly! My IVA was appvoed 6 days before payday and has left me with no overdraft, no credit cards, literally nothing in a brand new bank account, to last me until the 28th. I will manage, but had the creditors dec...

Hi all,

IVA was approved today, no problems, CF even contactd me about an hour before the Creditors Meeting was scheduled for. No alterations from creditors. Happy days!

Thanks for all your help

So today, my previous bank HSBC somehow managed to take £426.88 from my new Natwest account, which has no overdraft facility. Got intouch with Creditfix about this today and they've told me I have to open yet another bank account (yes a third bank account) and get my new wages paid into that one! Al...

It's almost a week to go now until the creditors meeting. Today I've noticed that 3 of my 5 credit card accounts have been suspended and available balance in my previous current account (I've opened a new one) has £0.00 available balance. Does this just mean that the creditors are suspending the bal...

A little update on this. This morning I had an email from creditfix confirming that my meeting of creditors has been scheduled for 22/09/2017. And that the creditors have 14 days to review my proposal and give me their decision. I've been doing all sorts of reading up online and trying to work out h...

Thanks for the comments. I'm sure once it's setup things will be much easier going forward, it's just this initial period of uncertainty. Still waiting to hear back from Creditfix after chasing them again yesterday, probably need to be a bit more patient!

I’m in the process of setting up an IVA through creditfix. I’ve got past all the initial phone calls/verification process and I’ve set up a new bank account as they asked me to. I’m now waiting to hear back from my newly appoint ‘Case Manager’, to get the agreement so I can sign it and send it back,...