Hi,
I am looking into starting an IVA with DFD but am terrified as it all seems very drastic. I earn a good salary but cannot get from one end of the month to the other- my outgoings are around £700 a month before rent/bills etc.
My credit card has been stopped and my overdraft capped by the bank so I am on the edge. I am also having to move due to a relationship break up and cannot find the cash needed for rent etc. I am embarrassed and don't feel i can talk to friends/family about this but really want to be pro active. But not sure i am brave enough to do it. I cannot sleep and am not opening bank statements.
any advice would be greatly appreciatedany news on dfd?
You've done the right thing by admitting your problems and realising you need help.
DFD have a reasonable reputation on here, but you could always ring one or two other companies by visiting www.iva.com.
You need to be strong and start on that road. If you don't feel you can speak to any of your family (as a lot of us can't) then you can come on here at any time with worries and questions.
Don't be embarrassed - we have all been there and no one will judge you.
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
Hello Girl 30, firstly welcome and you've come to a great site for the right advice. I was in your position 8 weeks ago, nothing left on the credit cards, no overdraft left, and loans I foolish took out to pay off my debts. I thought my husband was not aware of the mess we were in, as I looked after the finances ( sounds mad now !)I had spent months not sleeping making myself very ill. BUT I plucked up the courage and spoke to him, he deep down knew but was guilty of ignoring it too. we went CAB who transferred us to Pay-plan, the best phone call I ever made. we haven't looked back since. We talked through our financial situation with out embarrassment or judgement.We were given impartial advice and were not forced to go down any route we were not 100% happy with. We decided on an IVA as we would be very old and grey when a DMP finished, and bankruptcy was not an option with a young family.All this probably sounds scary and unknown wording to you, but please contact someone, this site has excellent links.Don't sit in silence, as the hardest thing to admit debt you have now conquered. I am sure there is a solution for you out there.
hello Girl 30, welcome to the forum. I know exactly how you feel, I am now in the final stages of our IVA process, we went with Melanie Giles of Jones/Gils, excellent referral from me, I wouldnt be this far without their help and advise, on here and personally. Its all a bit scarey but admitting you need help and doing something about it is a huge step in the right direction. You will get lots of positive advise and guidance from here, have a read through some posts and gain as much information as you can. Good luck, let us know how you get on.
The first thing to do is to get your move completely sorted, as a roof over your head and security if far more important than sorting out a few debts - and may take all of your spare cash.
Once this has been sorted, you can then look to an appropriate debt solution, suitable to your future plans.
I just wanted to say a massive thankyou for all the support. So random as it's from people i have never met but it makes me a lot calmer knowing i am not the only one. I have been reading magnificent comments about melanie giles, so think I may get some advice there. I have left all of my details with DFD- but it was just a phone call for some advice- I am not tied to them now am I?
Will keep you posted and wish others good luck as well. Although a lot of the blame lies with me I wish I had never been given credit cards in the first place. I was much too naive a student at uni and have never got my debt cleared since then.
I'd be delighted to try and help if you want to call me, and it is always a good idea to seek advice from a number of sources and then pick the firm you feel most comfortable with.
Most of us did some silly things with our finances whilst at university - even future insolvency practitioners - but there is life afterwards and we all want to help you come through this.
