I have always managed somehow to socialise on an extremely limited budget (if at all). Ideally I would like to pay IDS around £500 or is that being too unrealistic? Do you think it is a bad idea for me to contact my creditors now to pre-warn them of the problems I have been having and propose a new ...

I'm so sorry for missing off necessary info.

The rent does include gas,council tax,electric and water rates.

Regarding car maintenance and misc expenditure I would therefore say that amounts to £200 (£100 each) and £6.85 for prescriptions which I get every 3 - 4 months

Good morning all Monthly wage: £1812.50 Car insurance - £26.88 Phone insurance - £5.99 Food - Betweeen £100 and £150 Phone - Between £40 and £50 (varies) Clothing (mail order) - Between £50 and £80 Car warranty - £30 Petrol - £100 (as I drive part way to work) Travelcard - £105 ISA - £30 Magazine su...

Thank you very much Melanie I'm going to request again that they allow me to make reduced payments. On 31st October I contacted IDS to advise that I was currently obtaining a second opinion from a registered insolvency practitioner with over 20 years experience and it is felt that their fees were a...

Thank you very much Melanie I'm going to request again that they allow me to make reduced payments.

As I provided IDS with details of all of my monthly outgoings they added my sister as a creditor.

I thank you very much for your advice thus far, what do you recommend my next step should be - debt management plan?

I was misadvised and assured that this was the best thing for me to do regarding my situation

9 payments of £390 and 31 payments of £640 realising a fund of £23,350.

And yes I wanted to pay my creditors in full

Credit balances at 29 December 2005 First Credit Management - About £1,725.00 Citifinancial Europe - £3,410.88 NCO Financial Services (Capital One) - £260.00 Welcome Finance - About £2,067.33 Moorcroft Debt Recovery - About £1,919.14 Halifax - £100.00 Abbey - £1,902.01 I asked IDS many times when th...

Hi Andy

Sorry, I got myself all mixed up and told you the incorrect figure. My actual debts are about £12,000 INCLUDING the £7,000 that is owed to my sister.

thanks

I owe about £10,000 for loan repayments and bank overdraft/cahrges. I also owe my sister £7,000 as she loaned me that amount to purchase a car. In December 2005 I took out an IVA with Ideal Debt Solutions (IDS) with 10 monthly payments of £390 then increasing to £690. I got into arrears from around ...