I’m thinking about applying for an IVA. I’ve been advised it would be the best option by national debt helpline and then Freeman Jones.
I’m quite confused by the whole thing to be honest. We have racked up a lot of debt (loan, overdraft, finance) which we have been paying on time always since we started. We have taken out loans to consolidate debts - so I suppose that shows that actually even though we look like we are in control, we actually aren’t.
I’ve got loads of by now pay laters on Littlewoods which are going to kill us December time financially - it is going to be at the point where all bills are paid but there’s only about £120 left for petrol and food for the 5 of us.
What exactly is the source of your confusion ? What points can we help you with ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Visit my blog here : http://foggy.blogs.iva.co.uk/