You have to come clean, admit that you have made a mistake and see if there's a way forward with your IP. Otherwise when he / she finds out for themselves they will probably just fail it. I'm presuming it's more than £500?
Last monthly payment made 3 June 2013 after 6 long years. CC issued 21 August 2013, but, er, lost in the post. Finally got it 17 September.
Agree with brokebry advice - however if you can put a strong case across as to why you took the credit it may just help. Either way you will need to discuss with your IVA company
Depends on the circumstances I guess. You had better wait for one of the experts to come along with some informed advice, but you will probably have to say how much and what for so that they can have an informed opinion. It's never over till it's over, so hang in there!
Last monthly payment made 3 June 2013 after 6 long years. CC issued 21 August 2013, but, er, lost in the post. Finally got it 17 September.
Cant imagine they will automatically bankrupt you - unless this is a provision in your own IVA. best to speak to your company direct - only they can tell you the what will happen.
we are talking £5000 . i dont need character assasinations of judgement nobody can make me feel any worse than i do. i have been on the brink of a breakdown for the last year with all the worry and its only now that i am starting to realise i need to sort this out.my main concern is that they file for bankruptcy and i lose my home - single mum with two kids
There's no judgments on here, we are all in or have been in the same boat. The only way forward is to discuss it with your IP. You are two years into the IVA so a lot of the ground has already been covered, and equally your IP has already invested a lot of time and work in your case. S/he may well be able to suggest a way forward to put your mind at rest, but you will have to be absolutely straight with him / her. You just have to pick up the phone at some point. You did it when you applied for the IVA; you can do it again now - just ask for help.
Last edited by brokebryn on Wed Sep 18, 2013 6:40 pm, edited 1 time in total.
Last monthly payment made 3 June 2013 after 6 long years. CC issued 21 August 2013, but, er, lost in the post. Finally got it 17 September.
