one month payment break !!!

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MelanieGiles

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Post by MelanieGiles » Fri Sep 09, 2011 1:25 am
Our wedding cost about £500 for the whole lot and we had a fab day. It would break my heart spending that sort of money on a big do!

And Jan, I don't think that there would be many IPs who would agree that a wedding was good cause to miss a payment, but until three payments are missed there is not a lot they could do about it either.
Regards, Melanie Giles, Insolvency Practitioner
 
 

kallis3

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Post by kallis3 » Fri Sep 09, 2011 6:46 am
I suppose there isn't much they can do about it and the OP would just have to make up the payment.

Our wedding was Registry Office and we had a party at home the following night. It probably cost about £300 in total.

I won't mind spending the money, these days a place for a decent reception doesn't come cheap. I won't be going overboard with her unlike someone I used to work with whose wife spent almost £3k on her wedding dress!! She won't be having that.

When I retire I will have a lump sum so will be funding it out of that. It won't be mega bucks though.

If it were down to me she'd be going abroad as it's a lot cheaper and you can guarantee the weather!!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
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deanno

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Post by deanno » Fri Sep 09, 2011 8:03 am
While in our IVA we were told if we missed 3 payments, the IVA would fail, any thing up to 2 payments could be paid at the end via 2 more months. Don't know if every one is the same though.
 
 

karen

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Post by karen » Fri Sep 09, 2011 8:06 am
This wedding will be by no mean a "big do" I dont believe in wasting money like that I dont need to impress anyone with my generosity, they will be funding most of this themselves, we will make our own invitations and favours and cake and probably flowers. As her parents we would have LIKED to be able to contribute a little.I have learned a harsh lesson Hippo believe me but as a mother I still would like to help. We pay £900 per month plus 50% of our overtime not a small amount and when we are done we will have paid back nearly all of our debt. Just because we are in IVA's doesn't mean that we are in debtors prison we are working very hard to pay everything back. Rant over .....
 
 

kallis3

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Post by kallis3 » Fri Sep 09, 2011 8:12 am
Rant all you like Karen, I happen to agree with you. I hope she has a wonderful time
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

Skippy

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Post by Skippy » Fri Sep 09, 2011 9:34 am
I'm getting married next year and OH and I are paying for it ourselves as I wouldn't expect my mum to pay for it as I know she can't afford it. She's contributed towards my dress

Hippo, I find your post quite rude. If someone wants to 'blow' money on a wedding it's down to them if they can afford it. It doesn't matter whether they have been in an IVA or not. I've been BR and while we're not spending a fortune on the wedding we're spending more some people might think we need to. This doesn't mean that I haven't learned my lesson.
 
 

karen

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Post by karen » Fri Sep 09, 2011 10:26 am
Thanks everyone for your comments, I appreciate we are all different its hard to explain how I feel really,it sort of adds to the failure of being in an IVA if that makes any sense. I have decided not to take Payplans offer as it only makes the next few months difficult we will have to come up with some other plan. anyone need a kidney !!!!! Seriously I know she will have a great day no matter what and we will do the best for her.[:I]
p.s. just to add to the (not sure what word to use) !! my other daughter is getting married in 2 years time arghhhhhhhhhhhhh.[;)]
 
 

kallis3

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Post by kallis3 » Fri Sep 09, 2011 10:31 am
At least you'll have a bit of breathing space between the two!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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