Stressing.......

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Theendisnear

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Post by Theendisnear » Fri Mar 04, 2011 4:03 pm
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Im almost 4 years into my IVA and thought I would start to feel that the light was at the end of the tunnel except Sept 2009 I went back to uni to try and improve my career prospects. My IVA people were helpful and reduced payments and added another year on but now I am fast approaching a payment increase which has been scheduled from the start. The increase is double my payments which goes from £200 to £400. In the last year I have had to move house which has caused a rent increase from £300 p.m to £600p.m. With this increase looming Im already suffering sleepless nights, add to that an increase in work load at uni, working part time and being a single mum.. Im starting to think towards bankruptcy as my only option as I have another year left at uni after July.
[:(][:(]
Knock me down and I will get up stronger!!!
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kallis3

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Post by kallis3 » Fri Mar 04, 2011 4:24 pm
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Hi Backwards and welcome to the forum.

So sorry you are having problems at this stage in your IVA. You need to speak to them and tell them of your problems. I take it that your rent increase has already been factored in?

It would be a shame to fail now so give them a call.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Shining

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Post by Shining » Fri Mar 04, 2011 6:18 pm
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Hi, I agree with Jan, give the company a call and hopefully they can help you find a way forward.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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