I have spent the last year stressing about finances, and when it wasn't a cut and dried case for my IVA approval on Monday, I looked at the worst case senario and on Monday night finally had the courage to tell my mum I was possibly looking at bankruptcy. Her reaction was not what I expected.
She basically took the approach that a) I hadn't commited murder, b) I hadn't done something criminal and c) I wasn't pregnant (long story, with humourous undertones relating to my choice of type of children - furry ones) so anything else she could deal with because she loved me.
What I'm trying to say, is that even in the worst case senario (i.e. BR) you will be OK. Try to have the faith and the outcome really will be guided by your IP and the Gods. You can do no more and you have made the big step by applying for an IVA.

)
I'll guess none of that will stop you worrying though! ;o)
Good luck. I have 5 resident felines sending good luck purrs for all 3 of you and my good luck wishes too.
RC