My own IVA survival guide
My own IVA survival guide
If you are awaiting IVA approval please read the beginning articles of my blog it might just help you to realise that I felt similar feelings at that time and it will get better
Think things through logically, sleep on it but do not panic
Speak with your Insolvency Practitioner
Remember that an IP will not propose and IVA if they are not almost certain that it will be approved or it would be a waste of their time
Always use a reputable company there are many mentioned on the IVA forum so check it out to see what people say about them. Get advice from at least 2 different companies to see who you feel you can trust the most and do not pay fees up front. Make sure they are included in your overall IVA.
Always put or confirm things in writing e.g. on email maybe, keep all paperwork for the duration of the IVA, including names, dates times what was said etc. If unsure ask your IP to explain again and confirm on e.g. e-mail.
Be assertive and honest with your IP
Whilst in your IVA, always send in your payslips each month. If your income changes liaise closely with your IP to ensure your payments are correct. Don’t forget though, expenditure can also change so weigh up any extra income and also mention any bills that have increased, even a few small amounts can add up in your favour.
Always keep your petrol receipts then you can track if this is rising, as this is usually a major expense.
Try and build a relationship with your IP and get to know people’s names (always make a note of conversations with date time name etc.)
Don’t bottle things up, sound off on the forum confidentially you do not have to give your own name etc; others have probably been through this or something similar before
Be kind to yourself, you are human and deserve a break, eat properly and get a good night’s sleep, give yourself some time out wherever possible and get regular exercise which can seriously help combat stress and anxiety
Don’t blame yourself, there are many people in a similar situation, stay focussed
Make a plan
Think, things could always be worse and try and be creative – create days, walks, make a picnic etc. fun and quality time out does not always have to be expensive
If you are more than one person in e.g. an IVA, talk to each other, offer support, listen and make this life experience have a positive impact ultimately as you grow stronger mentally, use the Force! Sounds ridiculous but it worked for us
At review time, if you are expecting the papers and they do not arrive chase them up. Please read my article of be less stressed at review time it’s part of my blog.
Start a file and always keep copies of all of your review paperwork. Send the originals back by recorded delivery or if not make sure you get proof of postage and ring the company to confirm receipt of all of the documents about a week after sending them off.
If you are becoming really worked up about things, speak to someone you can trust, e.g. your other half if there is one, a close family member or trusted friend, even your family G.P., your I.P. or the Samaritans, don’t feel on your own
Focus on getting to the end of your IVA.
Enjoy and appreciate your family
Keep your spirits up, you can do it, I did it, it seemed like the impossible and utterly ridiculous at times,
Laughter will make you feel better if you can find something that makes your day.
Look for your own ways of combating anxiousness, e.g. walks, running, skipping, dog walking, even writing down how you feel to release excess energy and emotions you feel unable to share with others.
Be true to yourself and allow yourself leeway, try and focus on and appreciate what you have got and I don’t mean material things. Easier said than done but you can do this
Keep positive, keep calm, to almost every problem there is an answer and what you feel so down about today you will probably look back on and smile with relief hopefully sooner rather than later, no sh….Sherlock!
Hugs and very best wishes
What we thought was the impossible we have come through and our IVA is really completed, it will be a year this September 2013 still can’t believe it