Need some advice, after getting myself into a massive hole to the tune of £46k and living in my overdraft to pay the loans and credit cards it became quickly apparent I only had a few more months till I had no way of paying my debts. I rang Aperture on the 17th June and my IVA proposal was sent on the 19th as I don’t have any assets, private rent and apart from everyday loans they were hopeful the rest (10) would agree however Everyday are about 20% of the debt and apparently always reject IVAs. I have to tell my employer and I’m terrified I will get sacked for having unmanageable debt. If the IVA is refused I don’t know what I will do - I haven’t slept or eaten in days. I’m really at my wits end. How long does it normally take for a decision ? Has anyone had everyday loans agree to an iva? Has anyone been sacked for being in this position ? I see no way out if this isn’t agreed please any advice ???
Everyday don't hold 25% of your debt so as long as the others vote and agree you should be ok.
Why have you got to tell your employer? What job do you do?
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
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
