IVA COMPLETED AND GUESS WHAT!

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spazzbecker

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Joined: Fri Jan 20, 2012 7:06 am
Location: United Kingdom

Post by spazzbecker » Thu May 18, 2017 12:12 pm
Hi Guys
I have a little story to tell :shock:

Well I made my last payment on May 1st 2017
BUT
Was told due to redundancy payment made to me in January "Yes" I was made redundant so close to me completing my IVA, I decided to start my own business.
Well the business was ticking over making a small profit every week with zero investment, just wasn't matching my old salary close tho!

After the final report was generated I owed £2,000
Was not happy, but after looking at the report I could see why the settlement was due - Basically If I had sat on my arse and done nothing just used up all the redundancy on living expenses I wouldn't of had to pay anything back BUT as I had been proactive and started my business you got penalised..

Well I now have the completed certificate in my hand BUT also have a refund of £5900 deposited back in to my bank for an over payment !!!!!!!!!!!!!!!!!!!!!!! :shock: :shock: :shock: :shock: :shock: :shock: :shock:
Yes that is correct £5900!!
Apparently back in 2015 all my debts were challenged and one of the creditors were adjusting claims due to refunds and didn't respond back within the agreed time therefore the debt was removed from the agreement and has been written off!!!!!!

Cant believe it :lol:

So now just start to clear the credit score up - any advise please on that

And the final thing my business has TAKEN OFF and I am so busy - looking like being made redundant was the best thing that could of happened :D

Lisa Thomas

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Joined: Wed Dec 03, 2014 10:26 am

Post by Lisa Thomas » Thu May 18, 2017 12:22 pm
Great news and a fantastic bonus too!

You might find this quick video I made about cleaning up your credit record useful:

https://www.youtube.com/watch?v=PV4RzUY4BRM

Noddle and Clearscore are also free credit agencies to consider using:

https://www.noddle.co.uk/
https://www.clearscore.com/

Best of luck for a debt free future.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk

kallis3

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Post by kallis3 » Thu May 18, 2017 1:03 pm
Brilliant news and I hope the business continues to grow.
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

Foggy

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Location: United Kingdom

Post by Foggy » Thu May 18, 2017 2:56 pm
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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