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Posted: Mon Jun 16, 2014 12:26 pm
by Nicpel
Hi, am new to the site & to the world of ivas.
Any advice would be greatly appreciated. We're 6 months in, still not in a routine proper.
I have set all bills to be made as soon as wages are in, but then whatever money is left just goes!
I'm constantly checking bank balance, can't save a penny, petrified of what will happen if a big bill comes in, how to pay for c'mas.
Any advice please?
Posted: Mon Jun 16, 2014 2:23 pm
by welshwiz
Good luck with your iva. Most questions you have will be answered on here you will also find a lot of answers to questions you haven't even thought of this site is a mine of information.
Posted: Mon Jun 16, 2014 2:27 pm
by Shining
It can be hard I do admit, make sure initially that you are claiming all the expenditure you can with your IP, have another look at this and contact them if you feel you're struggling too much.
Posted: Mon Jun 16, 2014 8:29 pm
by plasticdaft
Welcome to the forum and best of luck with the iva. It can take a while to settle into things.
communication is key so make sure you are not afraid to phone your iva firm if you have any issues.
paul
Posted: Mon Jun 16, 2014 10:14 pm
by wiggle1
Welcome to the forum. Keep on logging in 'cos you will find lots of helpful tips. It is hard to be in an iva but just keep thinking of the future and being debt free. It does end and the result is wonderful. As plasticdaft says keep communicating with your company to sort out any difficulties. Good luck!
Posted: Tue Jun 17, 2014 10:05 am
by Nicpel
Hello all, thank you for responding.
Posted: Sun Jun 22, 2014 3:43 am
by luluj
Welcome to the forum .... lots of advice on the forum available ... make your IP your best friend ... by working together and ensuring your expenses are reviewed each time something changes (however small) will pay huge dividends in the iva...don't wait for annual reviews.
Posted: Sun Jun 22, 2014 11:17 am
by Nicpel
So, if we're struggling (which we are) we can approach the Iva company we're with to try to adjust the payments?
Posted: Sun Jun 22, 2014 12:10 pm
by Foggy
Hi Nicpel --- I had my payments adjusted a few times, in both directions. It is only fair that, as they expect you to pay more when the going is good, that they relax a little when things get tight.
Hopefully you have a helpful IP (not all, I am afraid, are!)and the best advice is to echo luluj's comment above and keep your IP in the loop at all times --- as BT always used to say "It's good to talk".
Posted: Thu Jun 26, 2014 2:29 pm
by Nicpel
Sorry, if I appear to be asking really silly questions....is it normal that once bills have been paid etc there's only maybe £160 left for the rest of the month?
Posted: Thu Jun 26, 2014 2:41 pm
by Shining
well it would depend on your individual Income and expenditure. What is the £160 for, is that with your housekeeping taken out?
Posted: Wed Jul 16, 2014 1:53 am
by Jilld7276
Its good you have found the forum early on. I have learnt more about iva's in the last week since finding the forum than the five years I have been in iva.
Good luck
Posted: Wed Jul 16, 2014 5:20 am
by luluj
Often the way Jill ..glad you find the forum useful.
Posted: Wed Jul 16, 2014 9:03 pm
by Struzzo39
Hi and welcome to the forum. Good luck on your journey to becoming debt free