Thanks for the good luck wishes and yes your right swardean.

thanks, we shall see what tomorrow brings

I'm not so sure its genuine nerves or weather I really have not chose the best option.

Good luck to you, I hope it goes well.

Ok so its my creditors meeting tomorrow. I can't help thinking that maybe i should have opted for bankruptcy...My financial sitation has gone on for some time, a few years in reality and everytime I have tried to bounce back and sort the situation out, something has gone wrong and its failed. I am s...

Depends how you look at it I guess but i would not like to use them.

We get letters off these all the time. Stay well clear.

You can still propose an IVA at this point.

Handing out punishments like that are not exactly going to discourage people from doing it again.

Punishments shoud be harsh to prevent repeat offending in my opinion.

Well done. All the best for the future.

Also remember creditors will be applying interest and charges to your accounts again.

You would require permission from your IP but I think you would struggle to find a mortgage in an IVA. As elv5 has said an expert will advise better.

Hi

You creditors will start chasing you again at some point i imagine. You are still liable for the full amount minus any that was paid across from your IVA.

Its seems to me like your options were not discussed with you properly. You say you don't get to go out...but who does in an IVA? the point of an IVA is to pay back as much as you can and a creditor wont allow for an active social life...although you get a small allowance of about £21. Personnaly i...

I would have thought a payment break of some description would have been granted for essential house repairs.