My IVA story, the early part

leanne2402

Yep, i had a together mortage, and was advised to keep paying at, as to be honest i thought it was sorted. Once we knew the meeting had been set, we stopped, as your not allowed to favour one creditor over others.

Mine went through, but had changes made, hence the 6 years and not 5.

scrapman

hi leanne your situ is very similiar to mine i i am looking at an iva with money expert.com one of my creditors is yorkshire visa and i bank with yorkshire bank will should i open a new account with another bank?

leanne2402

I would honey, as barclays was my bank and also creditors. Was easy to do, i opened to accounts, one for house and IVA payments and one for every day budget. Means whats left in that account means thats what i got left for months. Has made my budgeting so much easier to do.

scrapman

hi leanne
have opened 2 accts no probs with it, just waiting for decision on iva now @ £280 per month, all things crossed it should come back in the positive, the company says they will snap my hand of at that, but i get the impression that these companys say that to all the guys, or girls. W"ell see i will let you know.

mikegilbert

hi considering iva but in slightly different position, I dont have enough coming in to cover all bills including loans and card, I have been using savings to cover debts but now in position where I need to make a full and final settlement. Will this be as iva or not and if you take out a iva do you continue paying full monthly amount or make token payment.

taylajade

Thanks to all in this thread, have been reading through after my monumental mistake this evening,(see IVA board). how do you find the right IVA company?