My original 60 month plan was extended as I couldnt free up enough equity at month 60 to pay the lump sum I originally agreed.

Josu - My initial IVA was over 60 months. 59 Normal pyments, then the last one was to involve me remrtgaging my house and freeing up the equity to pay off a big chunk o what I owed. The house market having been poor meant I did not have enough equity to fulfill the IVA. A compromise was to extend th...

I agree totally.

I often think 'how the hell did I get in that state?' too!

Having said that.... remortgaging for a sports car is hardly responsible??!!...... hence probably why I havent bought one yet.

Thanks Arist.

It's hard for folk to think when they start on this journey that there will be a time when they actual do get back to a 'normal', fresh start.

I just wanted to say that it isnt easy, but well worth it in the end.

I was with Payplan for the whole 72 month term of my IVA.

Yes, the Case Officers change a lot, but apart from yearly income and expenses form, I only contacted them once in the 6 years.

I received my Completion Certificate about 6 weeks after completion.

I would certainly recommend

I thought I would post to let all you IViers know that it is possible to 'come out the other end'. Here is my story with approximate time line. Aug 2005 Took out IVA with Payplan Sep 2005 Saw my name on insolvency register [|)] Aug 2010 Could not make final payment, extra year added to IVA Aug 2011 ...

Thanks Rob

Thank you.

I was shocked to see it showing a good rating.

As you say I will wait for the certificate and recheck.

Thanks again

I had all this with my IP.... exactly the same argument.

I actually heard her counting up to 72 looking at a calendar!

If your first payment was in Sep, then your last payment will be in Aug.

My IVA finished last month and today I have joined Experian who give me a GOOD credit score of 900. I still have 10 accounts showing, 8 of which are shown as nil balance and satisfied, and 2 which are shown as in default. All the accounts are over 6 years old. Question - Will these accounts actually...

Thanks for all your best wishes.

Good luck to all of you in IVA's.

See my new post 'Surviving an IVA'

After 72 months, I am finally free of my IVA.

Now to get my credit score back on line.

Worried? About what exactly? Don't break into someones property and you have nothing to worry about. Complete and utter over reaction to a post that yes, was not of the usual 'Ive overspent over the past 5 years but its not my fault, and now I have just realised that I'm in a terrible mess, what can...

Lock the post and tell Andy?

PMSL!!

Without going too much off topic... I once (about 15 yrs ago) caught a burglar in my house.... After I battered his little, puny, spotty, drug crazed face in for about 20 minures, I phoned the police. I explaned to the SOC Officer that I may have gone a little beyond using minimum force in his appre...