Yeah I wondered those things too. By the time I had entered into my IVA I was at breaking point, not sleeping, on medication, pretty much prepared to do anything to amend my situation, keep my sasnity and protect my kids. I had to believe that my IVA provider was working with the correct informtion ...

Dear me it just goes to prove that you should check and double check! I phoned debt free direct and wrote to them explaining that I could not afford the payments and told them that I have cancelled the next payments and that my intentions were to go bankrupt. Some days later Debt Free Diret phoned m...

It does sound like a viable option now even though I wanted to avoid it. What would happen though? I have no assets and live in rented accomodation. I do own a car though, would I have to give it up even though it's not worth much and I need it for work?

Thanks for that. So if, for instance, my friend won loads of money on the bingo and offere to pay off my IVA would she have to pay a figure closer to £43,000 or £28,000? I'm sorry to sound a bit dense lol but figures have never been my strong point....I have to pay £28,000 to my creditors but they h...

Hold on I smoke....only tobacco bought on the black market admittedly and it costs me £5 a week but nobody asked if I did or didn't when my IVA was set up....you must be with more understanding people than me but I do agree that being forced to give up smoking..especially when times like these are s...

I kept telling them that I would not be able to afford the payments but they said the creditors would not accept less. I have had to cancel next months payment to pay for my daughters bus pass and car tax which is going to set me back £410 not to mention the MOT! Needless to say I am expecting troub...

Well, when I started my IVA my eldest son (17)was working and agreed to pay me £104 a month. Weeks later he got the sack, bless him and has not worked since. Anyway the IVA swallowed up his rent money and he was described as a non dependent on my proposal. I presumed this was because he was a workin...

Hi again. I have been mooching around and am dead impressed with all the stuff on here. I now have another question. If I was ever, and it is fairly unlikely, fortunate enough to be in a position or somebody else offered to make an early repayment would I have to pay off my origional debt of £43,000...

Oh my! I'm in a right mess.......again! I have had an IVA with Debt Free Direct since May but they are not as good as I thought. I have just found out that they have sorted out my repayments on the basis of me having one child instead of two...even though I made it crystal clear on my initial forms....