All Forums  archive  Forum Questions  I have had my IVA now since September:

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by furrycat690[/i] [br]I have had my IVA now since September: I pay £300 per month from a takehome amount of around £1200. I had previously managed my payments to creditors by living in my overdraft every month. My normal expenditure is £1065: IVA £300. Rent £360. Council Tax £94. BT Phonecard £20. Water £38. Car Insurance £36. Mobile Phone £35. Internet £12. Gas £20. Electric £20. Groceries/Toiletries £40. Petrol £80. My difficulty is this...I budget each month and pay my bills but every month since I've had my IVA payments going out I have had a big bill on top of everything else. An MOT of £200; a final council tax bill for £65. A final phone bill for £70. A "normal" phone bill for £60. A vets bill of £150...amongst other smaller things like new bulbs for the car and things like that. I spend my days in a constant state of panic that something else is going to come up that I won't be able to cover. As it is I don't have the heating or hot water on...the gas is too expensive per month. I have squeezed my budget so carefully but now I think I am at the point where I think I can't do this for the next 4 and a half years as I'll go insane. I work and I write my budget each month, ticking things off as they go out on Direct Debit. I find myself despairing, though, as no matter how well I budget something keeps coming up and I find my existence is that of a hermit. I go to work, come home and go to bed then get up and repeat the next day. I see no end and no light at the end of this tunnel. My ability to cope is almost gone. Does my income make me ineligible for bankruptcy? It seems the only way forward. [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.