So…. Turns out that IVA is not for me - apparently my disposable income is too high so it would not accepted. Hmmmm

Bancrupcy is not an option because of my job.

Informal Payment Plan - too much grief to arrange.

What is left?

Finding an extra job, struggling and trying to pay all off as originally arranged…..

Good luck to everyone - whiever way you choose to pay off your debts.

Turns out can not catch the payroll on time THIS month, already done.

Quick thinking “just in case - back up plan” - salary comes in on the 26th, DD go out on the 1st. Transfer the whole salary on the day it is paid in to another account - will know about Co Op on Wednesday.

Phone call from one of the companies I have contacted - they have worked out my “disposable income” at….. £850 per month (!!!)

Nope, not even going there, not possible - I am a realist, will not put a rope around my neck.

Clothes for a month for me and my daughter (nearly 17) were suggested at … £50 per month. I have to wear suits to work, I have to look well groomed (hair etc..). No way, not on £50 per week. The kid still growing. Impossible.

Household at 350 per month - negotiable as no allowance for my lunches at work at all “make sarnies” - yup, from that 350 per month? Allowance for daughter’s lunches at £20 per month. Not possible, do not want my daughter on a pack of chips at lunch at £1 per day.

Pet food calculated at £20 per month. That to include cat litter for indoor only cat (live in a flat, not going out), food for cat, dog (German Shepherd), monthly worming and flea treatment…£20 per month?

Suggestion to “rehme” the pets. No way - they are PART of our little family. My, my daughter, our cat, our dog and our pet hedgehog.. They are not going nowhere.

No allowance for “Birthdays/Xmas/Easter/Newspapers” - none at all…

No allowance for cigarettes. Ok, at the moment I smoke 40 per day - stress. I will go down to 20 per day. Nope. 10 per day? Nope - none at all. I wish it was THAT easy…..to just give up.

Shall I go on?

Also the news that with £850 disposable income per month I would not even qualify for IVA as over 60 months this comes up to £51 000 and my debts are “only just over 36k”

Suggested bancrupcy - not with my job, can not.

Suggested DMP - do not want to strech the payments for any longer than 5 years - not possible then.

Have to think about the future. Can not risk making an arrangement to which I KNOW even now - I will not be able to stick, no matter what.

Waiting for someone else to get back to me, tomorrow evening. Sent off all my details on a neat spreadsheet - the form did not allow “coments” and I had a few.

Trying to justify clothes alternation costs when you are 5 foot nothing (both me and my daughter) and can not afford properly made “petite” clothes so end up buying cheaper stuff and having to have all shortened etc.. How degrading.

Dry cleaning of suits for work, shoe mending - the ones that dog did not find when home alone of course… Just normal wear and tear…

Took the dog to the vet - 15 minutes later and £70 lighter thinking again - I have to get pet insurance. Before I go back next week.

Night night….

Busy weekend it was but something is happening - was contacted by Thomas Charles earlier on and now Melanie Giles got back to be re the form I have submitted via her website.

Have to see who comes up with what as the best solution for me and take it from there.

better try to get some sleep now - very busy week at work ahead, 2 hospital appointments, vet visit, parents evening at daughter’s college and all this financial mess to deal with in between.

Nigght night all.

Good bunch of people on the Forum - very patient…Nobody slapped me on the wrist for posting 1001 questions. Yet.

Got a bit clearer idea what to do now:

1) Co Op Account will hopefully be sorted on Wednesday. Fingers crossed. Applied today over the phone. Hope it is accepted and can get the Pyroll the new account details in time for the 26th March salary to go to the new account.

2) Finish off the Expenses sheet, re check making sure I have not missed anything and that I am not over enthusiastic with “disposable income” figure as I can clearly see this was the reason for many other’s IVA’s failing after few months. I can not afford mine to fail.Better learn on other people’s mistakes.

3) Have to find an IP - tomorrow. Start the ball rolling ASAP. I can not even imagine another month like this.One that can work with me and get IVA for under 500 per month.

4) Call all creditors tomorrow to find out exact outstanding balances and have those ready for future IP.

5) Cancel DD for debts this week. As soon as I have an IP who works for/with me

Unplug the house phone for 2 months , cross my fingers and hope for the best…

*****

The dog is limping, noticed this last week, thought just a simple thing and would pass. It did not - back to the vet tomorrow. I still haven’t got insurance….