I am with the Debt People, who have been really good - but if I had found this forum before I phoned them I would have definitely contacted Melanie or David after reading all the positive posts on here.
Good luck to both of you - but you are going to be fine.
Definitely. A great big weight has been lifted off me and I feel I can breathe again. It is a great feeling not having to worry about where I can get the money from to pay creditors.
Still a bit worried about managing the budget but determined to get through it, and certainly have more money than I had the two months before I made the phone call to the Debt People.
I think the budget will always be tight on an IVA if your IP has done his work. I do feel that if you can manage a budget through the full IVA it will always be a massive help to budget correctly post IVA and not end up in the same mess again. I like everyone also have concerns over managing the budget but it is achievable it's not like i have been shopping at Harrods anyway.[:D]
IVA.co.uk The best place for debt advice. Thanks to Melanie Giles, David Mond, David and J (Elv5) Kallis, Dand, Skippy, Andy Davie
You are right there and I agree that being in an IVA will be a valuable lesson in how to budget and not to use credit.
As my sister says when we are old enough to realise that paying for things on credit is not a good thing .... it is too late because we are already up to our necks in debt!!
Hi All,
I signed my proposal last night and sent it of first thing this morning. I wish I had bypassed going through other people and gone straight for Dave or Melanie, they seem to get things going much faster,I have been at this for over 8 weeks now and some seem to get it sorted in 6. Never mind I am on my way now, I just hope I don't end up with CCJ's efore I get a creditors meeting sorted out.
Geo
Now your proposal has gone in it shouldn't be long until you get a date for a creditors meeting.
Unless you have any dates for court action, you should be ok.
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
Some wiser people say buying things on credit means you are buying on the never never. I think it means never do it because youll never pay for it. Will remember that when I have finished IVA
IVA.co.uk The best place for debt advice. Thanks to Melanie Giles, David Mond, David and J (Elv5) Kallis, Dand, Skippy, Andy Davie
The amount of dividend does not matter. An IVA is based upon
(a) affordability
(b) achievable
(c) represents the debtors' best interests
Good luck to you all.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
