SACRIFICIAL BONFIRE....IT'S OFICIALLY ALL OVER

[Hair_bobbles]

Hi all

I've been a bit quiet these last couple of months ( although checking in every now & then) as quite frankly I was pretty fed up with the whole IVA thing.

Rose tinted spectacles are well & truly off now as I have faced up to the reality of the fact that we will never be able to jump back on the property ladder to own our own home. We will never be able to save up a 10-15% deposit in time as age is not on our side.

I can safely say an IVA is not an easy option to deal with your debt but is " do-able" . Having a reputable firm is probably key.

There are soo many things that you don't think of when you are first looking into an iva & then when your're in it- BUT this forum provides in some way all the relevant info needed,,so is a fantastic source of info.

We are officially on the road to a brighter future. Our credit files are all clean...& green

Our past financial anarchy will always stay with me. Mistakes made lessons learned - the hard way.

it has taken from December 2007 until now june 2014 to be in control.

In another post ,Melanie mentioned something about " financial rehabilitation" - she is not wrong!

Hindsight is a marvellous thing but what have we learned? I shall impart an old bible proverb with you all & hope you will reflect on it as I have-

Proverbs 22 verse 7 :

THE RICH ONE RULES THE POOR, AND THE BORROWER IS SLAVE TO THE LENDER

Many thanks to you all out there who have shared your advice on this forum & to those of you starting out & still ploughing through- good luck xx

[Little miss trouble]

Nice post. Good luck to ur debt free future. You came through to the other side and survived. Well done you x

[Struzzo39]

Well done you what an achievement. Enjoy being debt free

[kazzafunk]

Well done.

We too have realised that we won't own another home, but owning your own property isn't the most important thing in the world.

[luluj]

Well done .... It has been tough but you have done it ... You never know whats round the corner .. Don't give up the dream of home ownership !

[wiggle1]

Congratulations! You've succeeded and owning your own home is not the 'be all' it's going to take us years to put our house to rights after 6 years of neglect during the iva. Just enjoy being debt free. Well done.

[orchid5]

Well done Bobbles, I'm now two years down the line since having completed my IVA, I now manage my money very carefully, never go overdrawn, I was offered a credit card with over £3500 on it and refused! Living what I learnt from having been in an IVA now, you have piece of mind now and being debt free is the best thing in the world, good luck and best wishes. xx

[orchid5]

Little miss trouble, well done on completing, I haven't been around for a while as getting ready for my wedding in September, budgeting for that and managing very well. Good Luck for the future to you too. x