Ive done it!!!

euronorris

Hi! Well done on taking the first step! Good luck with the interview, although I know it will be fine. It's not like a job interview. It's more about gathering some information from you, so they know how best to advise you. So try not to worry.

The SOA has been suggested already, but is a big, big help. Once you can see the picture more clearly, it is easier to figure out a plan and move forward.

beckyroo87

ive been looking deeply into all different options ! i dnt understand wat a iva is ? do u have to pay to get a iva? etc? hopefully wont come to that ! i have called all my creditors and i owed more than i thought by nearly 2000 :0! arggggghhhh all i have ever done is try and make the best of what i have got and used my credit to live on! sad times!! but things are only gonna get better!!

gizmo111

beckyroo87 wrote: »

ive been looking deeply into all different options ! i dnt understand wat a iva is ? do u have to pay to get a iva? etc? hopefully wont come to that ! i have called all my creditors and i owed more than i thought by nearly 2000 :0! arggggghhhh all i have ever done is try and make the best of what i have got and used my credit to live on! sad times!! but things are only gonna get better!!

An IVA is a formal solution where you pay debts over 5 years and some is written off - they are not suitable for many people.
Have you done your SOA? A DMP suits many people - just need to get the figures right so you can live will its in place.

beckyroo87

yea i did SOA it said i would be left with about 50 quid a month to pay my creditors.... do i dnt think thats alot

Tixy

£50 doesn't sound like a lot but if that is what is realistically affordable to you then Payplan will advise you as to your options.

On your SoA have you included any benefits you receive in the income section? Have you checked you are getting all the benefits you are entitled to?

You might find they or the posters on here can help you find savings in your outgoings so you can afford a bit more than that, or its possible that Payplan might even recommend a DRO (though that may cause an issue with your car which you'll need to consider).

Best thing is wait and discuss all your options on saturday and see what they suggest.