So it has been a while since I last updated my blog, the time just seems to fly by at the moment, especially as I am almost back to living life before the financial disaster happened. The good news since my last post is I have received my completion certificate and I am now officially out of my IVA, which obviously is the best thing that has happened to me since my whole journey into debt hell began.
I have been incredibly fortunate compared to other people in my position in that I had a very supportive family that offered to help me out with a F&F IVA from the outset and so it was never going to run full term. I had truly great friends that were also very supportive, and with so much support and help this allowed me to be able to take my time to sort out my debts in the best way for me, and not to be under pressure to grab the first available lifeline to get me out of this mess.
I was also very fortunate to go with a great IVA firm after doing a lot of research and so once the whole IVA was accepted it was very much just waiting for the certificate. They were also very understanding about the whole PPI issue and never insisted I had to claim when I knew it was never mis-sold. So I really do appreciate that the whole nightmare from the relationship breakdown and the subsequent financial disaster was no where near as bad as it could have been.
Not to say it wasn’t stressful, relocating with nothing, dealing with creditors and the house repossession, deciding what form of insolvency I knew I had to take was very stressful as before all that I had never missed a single payment, and I did feel very guilty about having to stop payments. However much of that was out of my control due to the other party and in the end I had to do what was best for me to start a new life and put it all behind me.
I have learnt a lot in the 3 years since it all began, how people can be beyond supportive when things are at their worst, how people can be beyond vindictive instead of being adult when relationships breakdown, that a house repo is not as scary as it seems and that there is always a solution to debt no matter how small or large it may be. The key is to take your time and make sure you choose what it best for you and your circumstances.
I am still not entirely debt free as I am paying back the money lent to me for the F&F IVA but I am no longer under pressure to make payments to my creditors. Within weeks of the IVA completing I also managed to move over to a contract SIM so things are looking up a bit financially as well although I know I have many years left before my credit file is looking good and having got used to not having credit, I certainly won’t be going down that route again anyway as I have learnt my lesson on that one.
So life is good again, this forum has been invaluable in helping me and I thank them so very much. Although I will still read the posts, this blog may not be updated quite so much in the future as I am going to make sure I now live life to the full.
There is life after debt, sometimes you just need to be a little patient to get there.