Update - Phone calls

Sorry for the lack of updates, I was away at my sisters for few days. I am starting to get more phone calls and letters now. One is from my old current account wondering why I have not paid my credit card bill. First they call me at work where I can not take a personal call, but then they don’t even leave a voicemail, so because they don’t get hold of me there, they decide to call my old parents house number, must of still been on file when I first set up my account. God I hate them.

The letters I got, were from the same people I rang up the first time to tell them I am starting an IVA, and then they send me letters saying they are going to come to my house and take stuff.

So I called them and his excuse was that the letters are automated and they can not stop them,,, yeah right, so the post room for that company is physically incapable of stopping the letters jumping into a mailbag and going through a franking machine.

Told them all the same stuff as I did before and all he could do was ask me, “How long are they going to be” all I could reply with was “ I do not know”, because I don’t not until Julia gets I touch with me.

Which she just happened to do about 5 mins after the phone call. She told me I should hear from my IP in about 14 days.

So it is all moving along fairly smoothly.

IVA-Vision

Just a quick post to say I've got my video working.

Here's me talking about the time the bailiffs came knocking.

Enjoy!

Credit Card?????

Just a little update, I finally had a response from someone about my blog, that made my day. It was from a very nice lady who shall remain nameless. Anyway she told me something very interesting stuff. It seems you can get these visa or maestro cards so that you can make purchase on the internet and over the phone but they are called prepaid credit cards, kind of like a top up card. You put money on it then it’s easier to purchase things, and for all that there is just a small tiny charge to get that card about £9 and a 70 pence fee when you top up the card. I am seriously considering it because just having a cash card does restrict me a lot.

Well I am paying my first instalment tomorrow. Not had any calls of more letters yet from creditors so all is good.

I am having a bit of trouble uploading some videos I made but I managed to get one of me saying hello so that’s a start.

IVA FilmStar

Hello to all my fans, well Thomas Charles should have all my paperwork by now, so just have to wait for them to work their magic.

I started recording a video last night. So that will be put on my blog for everyone to see, but when you do watch it your just have to ignore my horrible orange curtains.

The video basically is me talking about the whole IVA process, why I did it and how I got into debt. Was good fun making it actually, just needs lots of editing so bear with me while it gets sorted.

Finding paying one bill is awkward lately and that’s my mobile phone bill, I should set up a direct debit because before I paid with debit card, and now I don’t have those I have to go in a HSBC bank to pay cash.

I have applied to do internet banking with my new account too so that will make things much easier so I have to wait for the paperwork for that to come through then I will be able to set up the standing orders for ThomasCharles and my mobile bill.

Letters, Letters, "Legal Department" Threats

Well it happened, a load of letters demanding money turned up on the doorstep this morning just like I said it

would. They all had nice red ink on them with big letters saying if you do not pay we will take legal action, the usual stuff.

So I called them up and gave them my advisors name Julia Simavi (who is Thomas Charles' BEST Debt Advisor). Explained to them about the IVA and that I won’t be making payments now until the IVA has been agreed and that they will hear from Julia soon.

Was actually really nervous calling them, just because I know what they are like, one of them before I could even give them Thomas Charles details she was giving me a settlement figure and asking me to pay in full.

So that’s a few done I’m sure I will get plenty more, will be something to look forward too wont it.

New Account + IVA = New Better Life

Got my new bank card, as you can see in the photo. It is only a cash card but I can live with that, it will make me spend less money I think.

Finally received all my paperwork from TC, so all I had to do was sign that and I posted that plus all the letters and paperwork that I own concerning all of my debts so that TC can start calling them up and arranging the IVA to begin.

Think I forgot to mention, when I went in to apply for new bank account, was very very shocked that two of the staff in the bank did not even know what an IVA was, and had to explain it to them. They just kind of nodded and said mmmm. But that’s all done with now, and I have my wages going into my new account.

So all I have to do now is wait for TC to get in touch with everyone, and then I should hear from TC about what my exact monthly payments will be.

I haven’t received any letters let because I stopped my direct debits and payments, so am bit surprised, maybe they will all come in one go.

No post? Missing post? Stolen post?

Had a call from Cory at Thomas Charles last night, think I am going to call them TC from now on, if you have read the rest of the blogs you can guess who I am talking about, well Cory called asking why I have not sent back the paperwork, reason being is I have not got my paperwork yet but that’s just due to the fact all my post seems to get stolen where I live. So had to ask Julia to send a new set to my work address, puts a slight delay on the process but it will get sorted.

Waiting for paperwork

Spoke to Julia at Thomas Charles today and she told me my paperwork to sign should be with me tomorrow.
Had to change all my bank details at work today so my wages go into my new account so I can make a clean fresh start.
Should of normally had two debts to pay today but as informed I did not pay them so I bet it won't be long before I start getting phone calls from them asking questions, no doubt they will try and call me while im at work tomorrow.

My first post

I received my call at 17:25 from my assigned debt advisor Julie Simavi from Thomas Charles to discuss the process, advantages, disadvantages of an IVA and Bankruptcy. Julie was very polite and understanding about my situation, which makes a change because I am used to dealing with debt collectors demanding money immediately. Our call lasted roughly 65mins, in which time, she took details of me, my previous addresses, my outstanding debts of how much and who to, with this she was able to work out a rough estimate of what I could be expected to be paying back every month once the IVA has or if it is approved.

In all my debts totalled near on £57,000 which did make me realise how bad it really had got without noticing, and with my income and expenditure it was worked out I would be paying back roughly £430 per month which is about 33% of total debts owed.

Julie also advised me to open a new bank account, just a basic current account to put my wages into and set up my everyday direct debits like rent. This was because one of the debts was with my current account I use presently.

Was a good feeling to know a company and individuals were there to help, like they say it does give “Light at the end of the tunnel” which it has for me, I can afford the payments, and I can see in 5 years I will be debt free, should of done it a lot sooner in reality but wasn’t always aware it could be as easy has this has been so far.

I can’t foresee any problems or have any worries about the IVA and have gained a lot of trust already from Julie just form our first phone conversation.

In a way looking forward to the next step to know it really happening and the sooner it happens the sooner I will be debt free.

The next step is I am to gather all documents I have concerning my outstanding debts and wait for some legal documents that Julie has sent to my home address. On receiving this I am to sign them and send back with all my documents.