THe only reason i didn't go bankrupt was that i couldn't keep the job i had if i had of done. but then again there were plenty of other jobs aronud at the time.
Then seeing one of my mates go BR and no IPA and laughing about it made me feel like a total mug trying to pay back what i could.
In retrospect i'm kinda glad i did the IVA thing because i've learnt to budget and i've defintely changed as a person for the better too.
The other thing is it drives me nuts that i ever let this happen in the first place. A bit stupid to be hard on myself for what has gone as you cant change it, but £38k.. What a nice house deposit that would have been...
Animaleyes I feel exactly the same as you do. Still way I look at it is that I borrowed the money, and as much as I would like to I cannot turn the clock back. Yes that would have made a nice deposit though.
We're willing to wipe the slate clean, give you a fresh start. All that we're asking in return is your cooperation.
I'm at the same point at 3.5 years and starting to get a little bit sick of it to be honest. Time seems to be ticking away to treat the kids and stuff but you are right, we must keep our eyes on the prize. Can't wait to get to the end and look back on what has been achieved. It must be worth it!
I found the final year just dragged on and on, then after you make the final payment time speeds back up again. But keep your eye on the prize, cause it is worth it in the end Jason.
We're willing to wipe the slate clean, give you a fresh start. All that we're asking in return is your cooperation.
I'm 40/60 or maybe it's 72 I don't know yet, at this point in the IVA I could easily give up but don't see the point, maybe it's like running a marathon and hitting the wall, we just have to get past it. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
I won't give up because I don't want to lose my home and I know I would if I went bankrupt. It's starting to drag a little but I'll put up with it having got this far.
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
Having lost a £7k pay rise (thank you Dave & Nick), looking at a more expensive pension that will pay out less and the prospect of working 6 years longer before I can retire, my IVA is one of the brighter aspects of my life at the moment ---- How sad is that !!!!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Must admit going through a tough patch, as ive blogged, just got £50 to last 12 days till payday this month. Its been a tight month, and i can't figure out why!! but when you can see the end its that last push to get you through it, and for me the forum helps!!
10 months is nothing in the grand scheme of things. Just imagine yourself back in your old debt life and I'm sure you'll get through. I haven't started yet but there is no other way out. I would probably still be paying into retirement (and I've got 18 years to go!!). Keep posting and having a rant or a grumble on here over the next few months and it will fly past.
I've been hassling Melanie a lot lately about my latest review, she must be sick of seeing emails from me, but all I can say is thank you Melanie as I doubt any other IP would be so understanding. Hopefully we're coming to the bit now where I actually understand how things have been calculated. However, I've been going IVA stir crazy for a couple of months x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
I think it is when at first people you know do not realize you are in an IVA as it is confidential and is not something you want to advertise.
But it is when you talk to people and they are all going on there Holidays or buying new furniture for there houses a new car ,Shopping for Clothes or generally having a lot to look forward to even though some of it is most probably on credit or not, you feel like you are Still in the Starting Gate and can't move forward either way and that is when the IVA Stir Craziness really sets in and you become even more Depressed thinking about it as you are restricted to a Primark and 99p Shop Lifestyle.
