Post
by
LEW » Wed Jun 06, 2007 10:33 pm
JUST LIKE TO SAY THANKS TO ALL WHO REPLIED IT IS MUCH APPRECIATED. STILL LEARNING HOW TO USE THIS SITE.
TO CONTINUE ON FROM MY LAST QUESTION, DONT MIND ME IF IM A BIT DIM. [:I] WHEN I WENT TO IP FOR ADVICE ABOUT MY DEBT I WASNT SURE WHETHER TO FILE FOR BANKRUPTCY OR AN IVA. MY IP ADVISED ME TO GO FOR AN IVA, WHICH AT THE BEGINNING I THOUGHT IT WAS A LIFE SAVER, BUT NOW HAVE TOTAL REGRETS. I ASKED AT THE BEGINING THAT IF MY EARNINGS INCREASED WOULD I HAVE TO INCREASE MY ARRANGEMENT. MY IP TOLD ME THAT IT WOULDNT BE NORMAL FOR THEM TO ASK FOR MORE MONEY. AS LONG AS I MADE MY AGREED PAYMENTS. WHEN THE CHANCE OF A FANTASIC NEW JOB CAME UP I ASKED COULD I REDUCE MY PAYMENTS TO HALF FOR 6 MONTHS DUE TO TRAINING I WOULD HAVE TO COMPLETE AND WOULDNT EARN MY FULL PAY UNTIL TRAINING HAD COMPLETED. MY IP AGREED WITH THIS BUT INFORMED ME THAT MY PAYMENTS WOULD HAVE TO INCREASE PAYMENTS ONCE I RECEIVED MY FULL TO COVER THE ARREARS THAT MY ARRANGEMENTS WOULD BE IN, WHICH WAS TOTALLY UNDERSTANDABLE, AND I WAS VERY GRATEFUL FOR THIS OPPORTUNITY. I ALSO ASKED COULD I TAKE OUT A LOAN FOR A CAR AS IT WOULD BE NEEDED FOR MY NEW JOB. WHICH WAS ALSO AGREED. SO MY PAYMENTS INCREASED TO COVER THE ARREARS AND THINGS WERE GREAT. THEN AT MY ANNUAL REVIEW MY IP TOLD MY CREDITORS THAT I HADNT KEPT UP WITH MY ARRANGEMENT, AND THAT OVER THE YEAR I WAS IN ARREARS. I WAS TOTALY SHOCKED BY THIS. WHEN I QUESTIONED MY IP THEY JUST TOLD ME IT WAS NORMAL PROCEDURE AND NOT TO WORRY[?]BUT I STILL WASNT HAPPY AND ME AND MY BIG MOUTH COULDNT LET THINGS REST SO I ENQUIRED AGAIN ABOUT MY REVIEW LETTER AND TOLD THEM AGAIN I WASNT HAPPY AS MY CREDITORS WERE PAINTED A PICTURE THAT WASNT TRUE AND ANYTHING THAT I HAD DONE WAS WITH THE APPROVAL OF THEM. THATS WHEN THINGS WENT PEAR SHAPED. I WAS THEN ASKED TO SEND IN ANOTHER INCOME AND EXPENDITURE REPORT. I THEN RECEIVIED A LETTER TO SAY THAT MY EARNINGS HAD INCREASED AND THAT I HAD TO PAY AND EXTRA 300 PER MONTH. AGAIN MY BIG MOUTH, WENT OVER THE ARRANGEMENT WITH MY IP WHO JUST INFORMED ME THAT THIS WAS BASICALLY THE WAY IT WAS, AND IF I DIDNT INCREASE MY PAYMENTS THEN I WOULD BE ISSUED WITH NON COMPLIANCE. I WAS TOTALLY SHOCKED AND CONFUSED. I AGAIN RAISED MY CONCERNS AND ASKED MY IP HOW THEY COULD CHANGE MY PAYMENTS WHEN I WAS TOLD IN THE BEGINNING I WOULDNT HAVE TO PAY ANY MORE THAN WHAT WAS AGREED, UNLESS I RECEIVED A WINDFALL. MY IP THEN TOLD ME TO SETTLE EARLY IF I WAS UNHAPPY IN THE ARRANGEMENT. THEY THEN GAVE ME A SETTLEMENT FIGURE OF WHICH I QUEIRED AS IT WAS A LOT HIGHER THAN WHAT I WOULD PAY OVER THE ARRANGEMENT PERIOD. BUT THEY WOULD NEVER CONFIRM THE INCREASE. THEY THEN STOPPED RESPONDING TO ANY F MY PHONE CALLS OR LETTERS. UNTIL 2 MONTHS AGO AND NOW THEY HAVE GIVEN ME A DIFFERENT FIGURE WHICH WORKS OUT AN EXTRA 25,000 MORE THAN THE ORIGINAL FIGURE. ALL THEIR EXPLANATION FOR THIS IS THAT MY INCOME HAS INCREASED. IT IS CAUSING ME SO MUCH STRESS IM SO CONFUSED BY THE WHOLE PROCESS I WASNT AWARE THAT MY IP CAN CONSTANTLY KEEP CHANGING MY IVA FIGURES. DONT GET ME WRONG I KNOW I WAS THE ONE WHO GOT INTO THIS MESS BUT I WOULD HAVE BEEN BETTER GOING BANKRUPT AT LEAST THEN IT WOULD BE OVER ME. AND I WOULDNT HAVE TO SLOG MY GUTS OUT WORKING NEARLY 18 HOURS A DAY 6 DAYS A WEEK TO NOW KEEP UP WITH THE PAYMENTS. AM I TOTALLY SELFISH OR JUST TOTALLY MISSING SOMETHING. PLEASE PLEASE HELP[:(][:(][:(]
SORRY FOR THE NOVEL X
