Thank you Foggy. That was what I thought.

Hi. He has an interest free card and no other borrowing. He earns very well as an ex pat. It’s more for speed of making the offer. We will contact our supervisor in the week to discuss options.

My son is just keen to know about the credit card option.

Hi. My husband lost his job this week, after seven years with the company. At nearly 60 we are worried about what he will be able to find. Obviously we are in a panic. My son has suggested that he will make a full and final offer for us , which is incredibly generous. We are determined not to let th...

We have just made our first payment into our Iva, we have been budgeting well, even managing to celebrate our daughter’s 21st without going crazy. On Friday my old reliable Ford Focus decided to give up the ghost. It will only go into second gear :-(. We are taking it to the garage Monday but our me...

What a relief, all agreed with no amendments. If I had any energy I would do a happy dance

Since we made the decision to do the Iva I have to say I have felt less stressed than I have for ages . It felt like we were moving forwards somehow. We have a fantastic IP looking after us and I feel in safe hands. However, it didn’t feel that way at 2am, 3am, 4am .... I am feeling incredibly anxio...

The girl at Very was insistent that Stepchange “do IVA’s for free”. Which is clearly not true and could be confusing to people in a vulnerable position. They shouldn’t be giving false information.

Just had s bizarre conversation with Very who phoned chasing their payment. Told them we were in process of setting up Iva , gave them IP and creditors meeting date. She then went on to a sky “Why did you not go through Stepchange?” And “how much is your IP charging you we can refer you and Stepchan...

I know it’s really none of my business but why would you want to borrow so much having been through debt problems ?

That’s it though ... surely getting this much in debt is reckless :-/. We had holidays on credit etc as well as living beyond what we should have.

Just received all the paperwork to complete. Pretty scary reading and a busy weekend ahead getting statements etc together. The worst bit though is the “Narrative”. I just don’t know where to start, what sort of information do they want ? I wasn’t expecting this. Perhaps my answer should be “We are ...

Thank you Foggy, I do feel ashamed though. I walk around looking at people and can’t believe any of them are in this muddle. Like you, the figure was a horrible shock. I lie awake at night trying to work out how it happened . This is the wake up call we need but I am terrified - not only of the proc...

Hi, I have been lurking for a while and spent hours reading people’s stories and advice. Thanks to everyone as they have given me a glimmer of hope that all may not be lost. But about where we are - without going into details we have ended up up to our neck in unsecured debt . Usual tale, easy credi...