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I have a scary amount of debt!!!
pebble17
Posts: 35 Forumite
I finally sat down and added it all up whilst filling out my IVA paperwork.......£62K!!!
Majority of it is joint debt with my ex husband after he walked out on me at 8months pregnant and refused to pay anything towards mortgage and loans etc. To cut a long story short, I couldn't afford it all on my own so left the house to move back closer to family and it got repossessed.
Anyway, I'm 4 years on and fed up of this hanging over my head. So IVA is the way forward for me and my creditors meeting is this coming Weds and hopefully my answer to being debt free in 2017!!!
Majority of it is joint debt with my ex husband after he walked out on me at 8months pregnant and refused to pay anything towards mortgage and loans etc. To cut a long story short, I couldn't afford it all on my own so left the house to move back closer to family and it got repossessed.
Anyway, I'm 4 years on and fed up of this hanging over my head. So IVA is the way forward for me and my creditors meeting is this coming Weds and hopefully my answer to being debt free in 2017!!!
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Hope you IVA goes through ok.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
My IVA has been approved!! :j
I'll be debt free in 2017! :T
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Thats great news for you
I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
Brilliant news! bet you feel like a weight has lifted from your shoulders!?!0
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