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Posted: Wed Jun 10, 2009 5:51 pm
by Shanks
Hi All!
Its been a long time since I have been on here as I had lots to sort out.
I just wanted to say thanks for all the input you all gave me.
I have been in constant contact with my IP for months as I was made redundant but fortunately found another job pretty quick, although it is lower paid.
As I am now on a much lower wage, my IP advised me that bankruptcy was my best option and guided me through it. Now just waiting for the court date!
3 years in an IVA and now bankruptcy.....crikey!
Posted: Wed Jun 10, 2009 5:54 pm
by kallis3
Hi Shanks and nice to see you.
So sorry that it has had to come to bankruptcy, but at least you are positive about it and you can draw a line under everything and start again.
Good luck with BR and don't forget to let us know how you get on.
Posted: Wed Jun 10, 2009 6:03 pm
by Shanks
I will indeed let you know how it goes.
Im keeping positive but it is rather scary!
Posted: Wed Jun 10, 2009 6:04 pm
by ivas4us
all the very best with your BR
Posted: Wed Jun 10, 2009 6:08 pm
by wonder
Good luck Shanks, its a shame its come down to BR after so long in iva. Best wishes to you.
Posted: Wed Jun 10, 2009 6:13 pm
by kallis3
If you need any help with anything Shanks, we're here for you.
Posted: Wed Jun 10, 2009 6:25 pm
by wonder
To be really honest, sometimes I feel like going bankrupt as I dont have anything to lose, dont have a job where i need to protect myself & doubt in the future I will. Haven't got a house and it seems it would be better in the end as we would have more money to live on even though I still might pay money out over 3 years but not as much as now. But at the moment I wont because I think We can struggle a bit longer, pride wont let me and I spent the debt so I neeed to pay some back. Just wish it was all so easy, but which ever way you choose its sooooo hard. I dont feel relief for being in an iva as I still worry about money. AAghhh!!
Posted: Wed Jun 10, 2009 6:31 pm
by ivas4us
but is a damn sight easier than worrying how to pay creditors. I am really happy with an IVA but I would use BR if I felt that is was the best way to survive.
Posted: Wed Jun 10, 2009 6:33 pm
by wonder
I was paying my debts ok, but I admit it would have taken years longer.
Posted: Wed Jun 10, 2009 6:34 pm
by Max
Wonder, like your other half, you can hold your head high!!!
Posted: Thu Jun 11, 2009 5:48 pm
by Shanks
I did 3 years in my IVA so I feel a bit better that I have paid some back, just cant afford it anymore!
Posted: Thu Jun 11, 2009 5:52 pm
by kallis3
Shanks, you have done your best.
You can hold your head high.
Posted: Thu Jun 11, 2009 6:27 pm
by Max
Jan is right - you hold your head high!