Good Morning. I recieved a letter yesterday from a company called,"IVA help line", before I throw it straight in the bin, I would like to ask if any body else has come across them. They are trying to convince me that I can be debt free in 6 months, and that IVA's are expensive and not the only way. ...

Thank you Foggy.You are of course correct, I only feel so bad because I asked from the start about the fees, I was told that they would be taken from the money that I paid into the IVA, and that I would not be asked to pay anything else, and this could be true if you only pay 30 or 40 pence in the p...

Hello.

I would cancel the IVA and go Bankrupt, purely because it last for only 24 months, you could then spend 3 years repairing your credit record.
The IVA last 5 years, you have nothing to loose.

But that's just what I would do.

Good luck I hope that it all works out[:)]

It has only been 6 months. Don't get me wrong I am happy to be on the way to a debt free future, and I want to pay my debts, I just don't want to be taken for a fool, and be taken advantage of. I will stay on the IVA and just tough it out. I should not of jumped into this, but it was sold to me well...

So it looks like I have been mislead, I should of gone done the DMP route, and not the IVA.
Can I cancel my IVA and enter into a DMP instead, or will this cause a lot more grief and hassle.

Hello. There was not a threat of bankrupty, I just wanted to get out of debt, I have been going around in circles for years and I thought enough is enough. I was told that a DMP would not work for me and that an IVA was more suitable, obviously more profitable. I agree that I will probably of saved ...

Hello. I feel that I have been led up the garden path. My debt was 27602. I will pay 60 months of 452. 27102, I have a PPi award of 1088 to inject, that totals, 28190. I have now been told that if I reach 100 pence in the pound to creditors I will be required to either release equity in my house or ...

Hello.
I have just received a PPI refund of £1080, I am currently in an IVA with Freeman Jones.
Do I need to give all of the Money to them, or am I able to use some of it to buy school uniform.

I started my IVA in March, My total debts where 28,200, and over the 5 years I will pay back 27,120, this leaves a short fall of 1080. I have just received a PPI pay out of 1082, which will go straight to my creditors, and reducing my debt, I would like to know if I have re-payed my debts over the 5...

Hello. I am about to enter into an IVA, my unsecured debts are 28194, and over the course of the IVA I will pay back 27120, obviously the IVA company is taken a chunk of that for charges, so I will actually only be paying 67p in the pound, is that any good. But what I would really like to know, when...

I am about to enter into an IVA, but I have a couple of concerns. I am in the armed forces and I may be selected for redundancy, I will receive a lump sum if this happens so I will be able to clear my debts, but I am concerned that I will also be liable for all of the IVA charges, so I will if fact ...