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Posted: Fri May 30, 2008 3:19 pm
by mark777
hi am just in the process of doing an iva what with 2 loans and 6 ccards phew i was 25k out in me reconning[V] so after a long and hard though i went for iva and its just in the very early stages its scary tho my biggest thing was losing the house although am assured this wont happen (am upto date on all payments)but just cannot manage now and its got worse over the last few months robbing peter to pay paul and consolidation loans dont work for me so fingers crossed for me hoping it will work
its me first post and here so saying a BIG HELLO TO ALL YOU GUYS OUT THERE[:D]
Posted: Fri May 30, 2008 3:25 pm
by rayb
Best of luck and well done for admitting you have a problem and now resolving it. When it goes through you will be surprised how quick the 5 years will go and then onwards and upwards to a debt free lift.
Posted: Fri May 30, 2008 3:27 pm
by mark777
thanks rayb r u in an iva?
Posted: Fri May 30, 2008 3:28 pm
by rayb
I certainly am. Just coming up to the end of my 2nd year, it goes so quick. It is a hard slog but well worth it considering the alternative!!!
Posted: Fri May 30, 2008 3:35 pm
by mark777
nice one my biggest thing was losing the house but they explained all the details and it now makes a lot of sense and i might even have a spare pound or 2 at the end of the month!
Posted: Fri May 30, 2008 3:41 pm
by animaleyes76
Hi Mark,
i'm 2 years in as well and i don't think i can ever remember having money at the end of the month before i entered my iva..
3 more to go and debt free
Woo hoo
Posted: Fri May 30, 2008 4:32 pm
by Skippy
Hi Mark and welcome to the forum. Good luck with your IVA, and keep posting!
Posted: Fri May 30, 2008 5:40 pm
by aguise
Hello from me too Mark. All the very best.
Ang
Posted: Fri May 30, 2008 6:50 pm
by e.h
Hi Mark
Welcome to the Forum. Good luck with your IVA journey. I am in my second year (made my 20th payment on Wednesday!). I'll be honest, things aren't easy but then they were even less easy when I was robbing Peter to pay Paul and at least now I can see light (albeit quite distant!) at the end of the tunnel.
Keep us posted on how you are getting on with the IVA Process.
Liz
x
Posted: Fri May 30, 2008 7:27 pm
by facingittogether
hi mark, a big welcome to the forum!
you should be proud for facing up to your problems and taking steps to sort them!
our iva was approved on 28th april so we have just made our 2nd payment and i feel it is the best thing we have done! it such a relief not having to rob peter to pay paul!
keep posting we are a friendly bunch on here and keep each others spirits up!
love barb x
Posted: Fri May 30, 2008 8:19 pm
by plasticdaft
Welcome to the forum Mark.
Things may seem harder at first what with having to budget properly for the 1st time in years(I have done a monthly budget for the past 15 years,the wife and I just cant seem to stick to it),and the fact that you lose all your credit cards means you have to work without being able to rob peter to pay paul(wish someone would pay me)
Paul.
Posted: Fri May 30, 2008 8:30 pm
by Soulgrowth
Hi Mark,
Just wanted to say welcome to the forum and good luck on embarking on putting your IVA together. I'm sure that you won't regret it and that it would be a great start to a debt free future.
Debbie
Posted: Fri May 30, 2008 9:12 pm
by kal
Hi Mark
Welcome to the forum, and just wanted to wish you the very best of luck with your IVA.
I am into my 3rd payment and it is the best thing for us by far.
k.
Posted: Sat May 31, 2008 2:13 pm
by mark777
hi ya all thanks for the gr8 support its scary i know its a big thing but its gonna give me an even better future metel wise
will keep ya all posted
mx
Posted: Sat May 31, 2008 2:21 pm
by kallis3
Welcome to the Forum Mark. I'm just about to make my second payment, but the relief when it was all sorted out was indescribable.
This forum is great and I am so glad I found it