www.iva.co.uk

Hi all,

So today is the day. After all the calls, paperwork and budgeting I find out today if my iva is going to be expected. I originally thought I would be able to pay 200 a month but it seems once everything g was down on paper realistically 150 was my left over income after bills. Because of this I have been advised to offer a 6 year payment. My ip is confident that it will be ok but as the minuets tick by panic is starting to set in.

Just wanted to thank everyone for there advice on here and all the best to everyone that's in a bad situation

Good luck Rob we will be looking forward to some good news later

Good luck Rob - you should be fine!!

im sure you will be fine good luck

Best of luck ... I'm sure it'll all be ok

The votes have been counted and verified an I can announce that all creditors have agreed to the iva! Feels like a weight has been lifted even tho it's the start of a long journey!!

Thanks everyone x

Fantastic news, congratulations.

Yipee [:D]

[:D]

Well done. Yes, it is a long journey, but not one you have to make alone. We are always here for advice, support, a rant or a giggle.

Good news x

Not sure why you were advised to pay this over six years. Was the dividend being offered very low? Personally I would leave that up to creditors to modify if they saw fit. Five year IVAs are still the norm for most creditors.

Good news, the time will fly xxxx

Good news, have a drink tonight.

Great news and glad a weight has been lifted, may you journey to debt freedom be a very smooth one. x