Sorry to re write this but my activation email hasn't arrived.
I have applied for a IVA,
My credit history has been good but partner leaving has left me with all debt.
Basically I called the company's who are due a payment today to explain my position. All the mainstream company's were fine. One of those asked me why I couldn't pay and I told them it was due to partner leaving and not having the funds to cover all outgoings. Ie loans.
They said i have lied to them about my outgoing.
I told them my outgoing was £32 per week on loans when realistically it was £150 per week. I did this because my partner cleared me out and I needed to make payment on my car that day.
Because I lied about the amount they got shirty and said i was being referred to the investigation team for fraud. And they won't accept an IVA, which in turn made me panic a bit. It's only 200 but I don't have the funds to clear it, it's a minute amount of the debt of over 8 grand. Can they scupper the whole process for me? I am that fed up I just feel like quitting my job and going bankrupt and sending my car back to the finance company and calling it a day.
You have probably been speaking to a collections team, who, from experience, do not know what they are talking about and will say anything to bully a payment out of you.
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