I have borrowed a bit to get through IVA. Will it fail if they find out ?

[Chantal.01]

Okay thanks. So like we have said all along the best thing to do is to talk to them and get their help and advice before they do a credit check as they could do one at anytime I guess. I am probably lucky that they haven't done one already. Being more than half way through it would be a disaster if it failed now. But I think like someone said I need to talk to the right person, not just someone in customer service for example to reach a suitable solution.

[recovering]

Ask to speak to your case worker or IP

[Chantal.01]

Also I've had a wedding to pay for and a trip to Australia that I had to go on. My mum paid for my flight so these were not expenses that were allowed to be put in to the iva so I had to find the money some way to fund this expensive but obviously good year.

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Chantal.01

I will also add that an Iva is a way to repay your creditors at a rate you can afford and avoiding going bank rupt which is more serious and has serious consequences. It does teach you to budget and I do to the best of my ability.I also only make necessary purchases, shop at Lidl for my food, prior to the iva I was shopping in waitrose and M and S and always putting it on the credit card. I now only pay by debit card or cash.

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Chantal.01

Hi Abbie, thanks for your message. I haven't got a clothing allowance allowed on my expenditure form and the IP has never advised me I am entitled to one so I have done it my own way
I only have one catalogue and I have a huge credit limit which I am no way near as I now only purchase a few essential items a year for work. It is also handy for if my laptop breaks and is inseparable I can replace it straight away or the washing machine packed up cos I have no savings or an allowance to save towards them. I also only have one credit card to help out with the unforseen with a small limit which is set to pay the balance in full and not just the minimum like I used to do. So I have learnt. That's allI need and want. A couple of buffers if things go wrong
wrong. Everyone needs that
I have no savings and have not been given an amount to save for a rainy day. Prior to my Iva I had debts of 15k which over 75 percent of my salary was needed to keep up the minimum repayments. Now I barely pay back 10% of my salary and only have 2 accounts, not 8 like before
before my Iva so I will argue that I have learnt and I am now sensible.

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by abbiesmum2003

Hiya ive read this whole thread and to be honest I dont think youve learnt from mistakes which led to iva in the first place. Youve got catelogues, credit card, had payday loans and still rob peter to pay paul each month. This is not the behaviour of someone whos learnt from mistakes with money and who will survive an iva or life afterwards. I know that sounds harsh but an iva is meant to keep you living within your means and budget for changes in the future and plan ahead for the unforeseen. I think your company have possibly failed you because they should have picked up on the catelogue payments and certainly spotted the overdraft. Im surprised itsnot been picked up on and closed down. You need to revise your I&E with realistic figures you should have a clothing allowance, food allowance, petrol etc etc and have to learn to live within those limits. Im a mum of 3 young children who are constantly growing so neednew clothes, shoes, school uniform, trips, clubs etc etc. Weve had to pull back and plan and put little amounts away for changes in circumstances or bill increases and car service/mot. You are still relying on credit which does not bode well. You have to speak to your IP and see where you stand. I think you have been very lucky not to have been told about a breach. Good luck.

[Chantal.01]

Okay. I will do. Thank you.

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by recovering

Ask to speak to your case worker or IP

[linrog]

Chantal best policy be honest I'm with Harrington brookes almost 4 years in they have been brill I'm sure there is always a way round

[Chantal.01]

Thanks Linrog. I will do that. Just found them hard to talk to in the past when I have needed their help so I didn't bother this time. I am almost on three years so it would be silly to not finish it now. You say that they have been brilliant, in what way?
.

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by linrog

Chantal best policy be honest I'm with Harrington brookes almost 4 years in they have been brill I'm sure there is always a way round

[KAYKAY]

Does your husband know about the IVA? Do you include his wages in your I&E, as they would need to know about this too. Just wondering if your husband knows, why didn't you wait until IVA completed before getting married? I am not judging here, just wondered. Also I understand your need to go to your brothers wedding, as if you didn't go, then the family would want to know why. I am not condoning this, but understand.

[abbiesmum2003]

If you email michaels people he can provide you with stepchanges list of acceptable allowances to include in your I&E. I think if you review your I&E with suitable alliwances you would be able to manage without turning to credit. It might only be one credit card and one catalogue but they are not allowed when in an iva and you are in breach. Like i said this could be a failure of your iva company who havent given you adequate budget for living but it needs sorting out sooner rather than later. We dont have a savings allowance but put things aside from what we do have for example if dont spend as much on petrol put a few quid aside. We have had 3 christmases for 3 children, multiple birthdays and new schools to finance all without credit of any form. It can be done but you need to be realistic and honest and plan rather than living one month to snother. I hope you can get things back on track.

[Shining]

Hi Chantel, the ethos of the forum is we are to be non-judgemental so I would never judge but would urge you to talk to your IP openly and honestly about this and that way hopefully you can move forward to work towards finishing your IVA successfully. Congratulations on your marriage.

[Chantal.01]

Hi Kaykay, yes my husband does know about my Iva. We didn't want to wait as we're both getting older and wanted to try for a family and time is running out. Well it doesn't matter so much for the man but I am 35 now so my body clock is ticking. We only met two years ago about 6 months after my Iva began. It would have been better to have waited until at least next year in hindsight as it has been difficult for me and most likely my family too as my brother came from Australia but his wife couldn't and my other brother and his girlfriend are working in South Africa at the moment so they also had lots of expenses this year with the trip to Australia and then back here for my wedding. But it is done now. Onwards and upwards. Yeah HB are aware. I filled out a form recently and included his payment to me that covers just the household bills excluding food. I don't have access to his full income so I have not put this down, just the amount that he pays me monthly in to my bank.

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by KAYKAY

Does your husband know about the IVA? Do you include his wages in your I&E, as they would need to know about this too. Just wondering if your husband knows, why didn't you wait until IVA completed before getting married? I am not judging here, just wondered. Also I understand your need to go to your brothers wedding, as if you didn't go, then the family would want to know why. I am not condoning this, but understand.

[Chantal.01]

Hi Lesley, thanks for your nice message. Some people have been judgemental on here though so I have had to defend myself. I finally got the answers I was looking for after a few being judgemental and I will phone and speak to the right people at hb tomorrow as I think I was speaking to the wrong people there before who are just call takers and not a trained IP or case handler who handles my case it appears.quote]Originally posted by lesley_

Hi Chantel, the ethos of the forum is we are to be non-judgemental so I would never judge but would urge you to talk to your IP openly and honestly about this and that way hopefully you can move forward to work towards finishing your IVA successfully. Congratulations on your marriage.
[/quote]

[Shining]

Good luck Chantal and let us know how it goes if you want as we are here to support. I've been in an IVA so do know how hard it is. I had a good MIL who helped out with a holiday mid way through my IVA and we had the support of a good IP so hang in there, fingers crossed for you and hoping you can move forward to a conclusion of the IVA.

[linrog]

make sure you speak to a case worker and not just the call centre when ever I have had to speak to hb they have been very supportive its getting to speak to the right person good luck and congratulations on your recent wedding

[thisusernameistaken]

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by abbiesmum2003

Hiya ive read this whole thread and to be honest I dont think youve learnt from mistakes which led to iva in the first place. Youve got catelogues, credit card, had payday loans and still rob peter to pay paul each month. This is not the behaviour of someone whos learnt from mistakes with money and who will survive an iva or life afterwards. I know that sounds harsh but an iva is meant to keep you living within your means and budget for changes in the future and plan ahead for the unforeseen. I think your company have possibly failed you because they should have picked up on the catelogue payments and certainly spotted the overdraft. Im surprised itsnot been picked up on and closed down. You need to revise your I&E with realistic figures you should have a clothing allowance, food allowance, petrol etc etc and have to learn to live within those limits. Im a mum of 3 young children who are constantly growing so neednew clothes, shoes, school uniform, trips, clubs etc etc. Weve had to pull back and plan and put little amounts away for changes in circumstances or bill increases and car service/mot. You are still relying on credit which does not bode well. You have to speak to your IP and see where you stand. I think you have been very lucky not to have been told about a breach. Good luck.

I'm in complete agreement.

I hate to sound like an arse but I think within an IVA you're not 'entitled to a life' in the way that others are; an IVA is a serious decision that has long-term ramifications for your freedom to 'live'. We're asking creditors to write off an often large chunk of debt, and to be racking up additional debt whilst doing that suggests that the mentality adopted for an IVA or bankruptcy in this case isn't the right one.

It's not meant to be easy. You're not meant to have a surplus left over each month. Non-essential spending has to go on hold. I've not bought anything in the last 4 years which wasn't essential to me getting to work, staying warm or staying alive.

I'm sure the OP is a lovely person but in my view her priorities are severely misaligned and I fear she may be doomed to quickly repeat the mistakes of the past.

In fact, reading this thread has made me a little annoyed. If I were the OP's IP or a creditor I would be immensely irritated.

[Chantal.01]

This is not a judging forum this is for people looking for advice or help so don't comment. I asked a simple question that required a simple answer. Not a debate or to judge. You don't know me or my circumstances from Adam.

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by thisusernameistaken

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by abbiesmum2003

Hiya ive read this whole thread and to be honest I dont think youve learnt from mistakes which led to iva in the first place. Youve got catelogues, credit card, had payday loans and still rob peter to pay paul each month. This is not the behaviour of someone whos learnt from mistakes with money and who will survive an iva or life afterwards. I know that sounds harsh but an iva is meant to keep you living within your means and budget for changes in the future and plan ahead for the unforeseen. I think your company have possibly failed you because they should have picked up on the catelogue payments and certainly spotted the overdraft. Im surprised itsnot been picked up on and closed down. You need to revise your I&E with realistic figures you should have a clothing allowance, food allowance, petrol etc etc and have to learn to live within those limits. Im a mum of 3 young children who are constantly growing so neednew clothes, shoes, school uniform, trips, clubs etc etc. Weve had to pull back and plan and put little amounts away for changes in circumstances or bill increases and car service/mot. You are still relying on credit which does not bode well. You have to speak to your IP and see where you stand. I think you have been very lucky not to have been told about a breach. Good luck.

I'm in complete agreement.

I hate to sound like an arse but I think within an IVA you're not 'entitled to a life' in the way that others are; an IVA is a serious decision that has long-term ramifications for your freedom to 'live'. We're asking creditors to write off an often large chunk of debt, and to be racking up additional debt whilst doing that suggests that the mentality adopted for an IVA or bankruptcy in this case isn't the right one.

It's not meant to be easy. You're not meant to have a surplus left over each month. Non-essential spending has to go on hold. I've not bought anything in the last 4 years which wasn't essential to me getting to work, staying warm or staying alive.

I'm sure the OP is a lovely person but in my view her priorities are severely misaligned and I fear she may be doomed to quickly repeat the mistakes of the past.

In fact, reading this thread has made me a little annoyed. If I were the OP's IP or a creditor I would be immensely irritated.