Feeling Down again !

[Roisin75]

Melanie we have told our IP that there are a few inflated figures on there and have told them that it needs to be changed, we will soon see when the next review comes up, but in all honesty i really can not fault our IP they have been very helpful and understanding.
Roisin

[emma_t]

Caraf
I think its normal to have a bit of a down period after all the stress of the iva process and the euphoria of acceptance, it is such early days for you, only 10 days since your aceptance, so please go easy on yourself and give it time.
I had a bit of a down period after mine was accepted and I was so scared to spend any money I would almost come out in a cold sweat at the chip & pin!!!!
It will settle for you as I say, and if your I&e is accurate then you should not struggle for essentials and to have a happy life with your family
Take it one day at a time
Emma x

[Roisin75]

Agree with Emma all the way, let everything settle and get a few months out of the way and you will see where you stand, over time i think you will be the same as the rest of us finding it a little tough but realising how much better you really are, for me it was the disappearance of the hundreds of calls at all hours and days, and the hundreds of threatening letters!!
Roisin

[MelanieGiles]

Your income and expenditure account should have been accurate in the first place. I wonder if this is another example of IP's putting forward inflated figures with the knowledge that creditors will ask for more money. If so, what silly times we are currently operating in.

I feel that you should insist that your IP uses the correct figures in future - even if this means a higher payment, as you do sign off the IVA proposals saying that they are accurate and creditors are relying upon that trust.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp

[louisa.s]

Well done for explaining it to your daughters. They will probably understand more than you realise. My little sister has always known from the beginning and when she was offered a finance on a car from her boyfriend she turned it down as she already had a samll loan and her big sis was in debt! I was very prouod of her for that!

When we first started our IVA some 20 months ago we had no budget for Dental/Optical, mobile or contingency and our miscellleanous was onyl £40 between the 2 of us. We stuck with it as we were determined to stick to the IVA and see ourselves out of debt for once and all! Saying that there were some tough times including when my mum paid for the dentist and my numerous car repairs. But with all the tough times we've always kept on smiling and making a joke of it. 20 months later (one third of the way through) and we've been fortunate to change job roles within our respective work places and got payrises and taking that into account reviewed our I&E accordingly and ensured that we now have a budget for Dental/optical, a budget for the mobile and also increased our miscellaneous budget and we can even increase our monthly payment to GT by a small amount. I've found that being proactive and positive about our IVA means that I feel in control of our IVA and not at the mercy of our IP. I scan and email them all documents relatring to salary changes before our reviews and keep them constantly informed of any significant changes and 99% of the time they are happy with the information.

If you want Caraf, email me and I will send you a full breakdown of our budget, and how we deal with it on a monthly basis, it will be a little different as we are a couple but it might help?.

Don't forget the first few months i think are always a struggle as most people aren't used to living and managing within their means and it is a big culture shock to them. It does get easier - trust me. It's about accepting it as part of your life and not resenting it for having no money.

Sorry about the lenghtly post!

Lou[:)]

[marsha1]

I have a contingency of 35.00 per month, at my annual review would I be able to ask for more, maybe another 5.00?

[caraf]

louisa, what is your email address ? or how do I find it ?

[louisa.s]

Admin - How do we do this?

[louisa.s]

Aahh just worked it out as it is the little logo with an envelope on the posted section but cannot email you due to the service being suspended due to spammers.

Admin - since i cannot email Caraf - is there any chance you could forward my email address onto Caraf?

no problem - have done so [:)]
admin

[Beechy]

WE use £50 as a standard and then increase iwth the number of children in the household, and have never had a problem with creditors doing this. It is realistice to expect things to go wrong or for a school trip to happen.

Dave Beech