www.iva.co.uk

Posted: **Mon Jan 10, 2011 12:09 am**

Hi all

I have been reading the forums here for sometime and It has proved to be a great inspiration to sort out our debt issues, I hope that I may be able to contribute at some point to helps others in a similar situation.

We have our creditors meeting on Tuesday which we are looking forward to with some nervous excitement and some anxiety.

We have been battling with over 80K of debt only being able to make minimum payments on cards, 12 months ago we set up DMP with Payplan this will take around 18years to finish if ever! so we decided to go forward with the IVA.

I know the next 60 months or so will be difficult and we will now live within our budget and with the ideas and suggestions I've read here I think it will be easier - hopefully!

Squidward[:)]

Posted: **Mon Jan 10, 2011 12:20 am**

I wonder why Payplan did not suggest an IVA to you in the first place?

Posted: **Mon Jan 10, 2011 1:05 am**

Hi Mel

Payplan did suggest an IVA at the very start and on two occassions I enquired but didn't feel comfortable to move forward - I backed out due to fear mainly because I didn't want our name to go on the register so I persevered with the DMP. Second time (this time) we spoke to three companies and decided on a company who "ticked all the boxes" for us.

Posted: **Mon Jan 10, 2011 1:29 am**

Good for you - and the best of luck with your application.

Posted: **Mon Jan 10, 2011 6:43 am**

Good luck Squidward.

Posted: **Mon Jan 10, 2011 11:10 am**

Good luck for Tuesday, let us know how it goes won't you and I'm sure your journey from DMP to IVA will help other posters, why not start a blog? x

Posted: **Mon Jan 10, 2011 2:36 pm**

good luck from me too, try and sleep tonight, its difficult but you've already done the hard work. let us know how you get on x

Posted: **Mon Jan 10, 2011 6:52 pm**

Best of Luck Squidward

Posted: **Tue Jan 11, 2011 8:49 pm**

Whoo hoo! we had our IVA approved today!

There was just a short wait while there was a minor alteration we got a call back to say "Approved"!

All thanks to Mel and her team at the IVA Bureau who have all been absolutely fabulous!

And thank you all for your supportive post on here

Squidward

Posted: **Tue Jan 11, 2011 9:00 pm**

Congratulations Squidward and another good result for Mel and her team.

Posted: **Tue Jan 11, 2011 9:24 pm**

Well done. I found the first year the hardest, but after that it hasn't been too difficult to adjust to the changes in lifestyle. Keep the faith.

Posted: **Tue Jan 11, 2011 9:35 pm**

excellent news. really pleased its all gone through.

Posted: **Tue Jan 11, 2011 9:50 pm**

well done from me as well, believe me it will fly past. Good Luck

Posted: **Tue Jan 11, 2011 10:27 pm**

Great news, well done and good luck for your IVA journey x

www.iva.co.uk

Creditors Meeting Tuesday !