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Ive done it!!!

hi all, i phoned payplan! they have booked me a appointment sat morning to call and have my "interview" i am sooo nervous! i just want it over with, i am stressing about opening a new bank account, transferring everything! and thats of course if they can help me! i am then worrying i might have to do a iva??? i am scared cos my car is worth £2,500! can they take my car off me??

i feel i will be a new person come saturday !! :)
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Comments

  • gizmo111
    gizmo111 Posts: 2,669 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    beckyroo87 wrote: »
    hi all, i phoned payplan! they have booked me a appointment sat morning to call and have my "interview" i am sooo nervous! i just want it over with, i am stressing about opening a new bank account, transferring everything! and thats of course if they can help me! i am then worrying i might have to do a iva??? i am scared cos my car is worth £2,500! can they take my car off me??

    i feel i will be a new person come saturday !! :)

    Payplan can't make you do anything.
    Have you done an SOA and put it on here?
    Mama read so much about the dangers of drinking alcohol and eating chocolate that she immediately gave up reading.
  • Tixy
    Tixy Posts: 31,455 Forumite
    Hey - well done you.

    It is a scary step but hopefully you'll feel much better once you've spoken to them.
    Do you have all your financial info ready for the call? list of debts and list of income & outgoings? If not try to work on getting that ready before then.

    Given your level of debt I would think they are not particularly likely to recommend an IVA but if they do talk to them about what the advantages are to you over a DMP.
    I would say if they do suggest an IVA don't agree to go for it right then, instead say you'd like to think about it first. An IVA is legally binding and so you need to take some time and may well want to discuss it with other IPs as well.
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
  • thanks guys, im just so scared i wont be left with much each month to live on ! but then again i may be surprised!! i slept all through the night last night the first time in ages! im a single mum to 5 year girl and i just want to provide for her!! cos im all shes really got!!! :/
  • Tixy
    Tixy Posts: 31,455 Forumite
    I know a lot of people who have been struggling and then go on a DMP find they actually have more money to manage on a month, as the income & expenditure will allow a budget for clothes, presents, entertainment, haircuts etc. All those things it can be hard to find money for when you are struggling to keep on top of your debts.
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
  • Well done on taking a positive step... facing the fear is the first step in sorting out your future life, time I took my own advice:rotfl:I hope you and your daughter have a brilliant time now your sorting things out..once again :T:T well done
    T
    Now fingers crossed there's a big black and white cat with massive whiskers out there looking for a forever home with a batty dumpy lady :A yep there is, found him Domino big fat huge whiskered purring machine that's taken over my house life and heart,life's good, as I pander to the whims of my new lodger..:rotfl::rotfl::D:D:p
  • really ? i suppose at the moment i can see a light but its very tiny :( but i presume on saturday i should know more then i suppose! so whats the point in me worrying?? argghhh just want it done with now!! thanks for kind words!! i feel so alone and people i talk to just say " ah well its only money , u cant take it with u" thats not the right attitude to have !!
  • gizmo111
    gizmo111 Posts: 2,669 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    beckyroo87 wrote: »
    really ? i suppose at the moment i can see a light but its very tiny :( but i presume on saturday i should know more then i suppose! so whats the point in me worrying?? argghhh just want it done with now!! thanks for kind words!! i feel so alone and people i talk to just say " ah well its only money , u cant take it with u" thats not the right attitude to have !!

    With CCCS you can do an online budget - you may still want to go with paypal but if you do the online one it will give you an idea of what you be paying and how long it will take to clear debts and what money you will have.
    Mama read so much about the dangers of drinking alcohol and eating chocolate that she immediately gave up reading.
  • thanks guys u have been a big help!! :)
  • I am on a iva with payplan which was previously a dmp. When on the iva your car cannot be worth more than £3000 so your safe there.
  • Hi, good luck with your interview. S/he will ask about all of your incomings / outgoings and who you owe money to, so make sure you have everything written down. x
    I must remember that "Money Saving" is not buying heavily discounted items that I do not need. :hello:
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