IVA first stages...

thumperstu

Hi everyone,
spoke to National Debt Line and got some info from them, i then contacted IVA.COM and spoke to sue from there, she setup a call with Lifeboat Debt who are going to deal with my IVA, just sorting out the paperwork and i need to submit a house valuation, whats the best way of obtaining a valuation without incurring any charges from estate agents????
Im sure ill have more questions as time goes by but the light at the end of the tunnel is atleast now visable !!!!

adfax

We asked an estate agent to give us a market appraisal as we were 'looking at our options'.

They did a valuation, and once we had it we politely told them that under the current financial circumstances we had decided not to take it any further at this stage.

Not strictly speaking honest, but ...

thumperstu

cheers will give that a go...
Got appointment at new bank tomorrow for an account should i inform them im in the process of an iva or not????

Suffolk_Jock

thumperstu wrote: »

cheers will give that a go...
Got appointment at new bank tomorrow for an account should i inform them im in the process of an iva or not????

I would not tell them, you may find they decide not to let you open one.

Barkley_2

Until you are actually in an IVA, if you get a question " Are you in an IVA?" the answer (as I have been told) is no, but you will still be subject tocredit checks and be offered a basic bank account, but make sure that your new account is not connected to any of your creditors.

Use Zoopla to get a value of your property if it has one or get an average from property sold in your road

thumperstu

Bank sorted.....
Zoopla puts me in negative equity and some £35K cheaper than others forsale in my road...Not a bad thing with the IVA but they have asked for written proof of house price.
going to try local estate agents tomorrow...

Barkley_2

Your IP should do all this and provide your creditors with written evidence.

Want2Bdebtfree_3

I had an account with Smile and had to change it and the Coop who own Smile told me to open a Cashminder Account which gives you a paying in book dd facilities to pay bills and a debit visa card that is an electron in disguis. Have just done 1st year of my IVA and the bank account is cool... Lot easier than having 2 or 3 and zillions of credit cards! Good Luck

thumperstu

SLowly getting there, lol, cant send my paperwork in until i have my house valuation, which is booked for tuesday, new bank sorted, all be it with Natwest, statements and balances all ready to post.....
Its amazing how you can literally feel the pressure starting to lift, at last there is hope lol...
whats not helped is the washer, dryer, fridge and microwave have all gone bang at pretty much the same time ARRRGGGHHHH!!!!!!!
Thankfully i'm relativley handy and will attempt to repair them....Tonights task fridge thermostat!!! currently using an electric coolbox lol.....

thumperstu

valuation in, all posted off this morning, sent out letters to all my creditors offering token payment too....

Max_1066

Sounds like you're getting on top of it, well done. Its amazing how inventive one becomes regarding elec repairs when trying to save some cash !!

Regarding the house valuation the IP should do this (they did mine) although it doesn't hurt to have some other valuations. My IP then took 15% off the valuation to allow for a 'quick sale'. Good luck and do post any questions on here.