I entered into an IVA (individual voluntary arrangement) in January 2014, 2 months after my daughter was born 9 weeks prematurely. Unfortunately after being made redundant in June 2011 I struggled to get another job, i had a few temp jobs through an agency but nothing long term and I struggled financially. I ended putting my “life” onto credit cards and racked up a lot of debt which I struggled to pay the minimum payments each month. I lost a baby boy in April 2012, my son Arley was stillborn at 26 weeks which was horrendous and I sank into depression for the next year. One of the reasons cited for his death in the post mortem was stress on my part which in turn did not help with his growth. So my fault my son died. Over the following year I spent more money to combat my feelings of uselessness and the debt carried on mounting up. I finally managed to get a job which I didn’t enjoy but I needed the money. After becoming pregnant with my daughter just over a year after Arley had died my pregnancy progressed with regular scans and monitoring. My daughter decided to put in an early appearance in November 2013, 9 weeks early.
She spent 6 weeks in hospital which cost me and absolute fortune with daily parking charges and incidentials and the debts carried on mounting up as by then i had to leave my job. In January 2014 after having my daughter home for a couple of weeks I made the tough decision to enter into an IVA to get rid of the debt in the only way I could see possible. I knew it meant I would be restricted financially for the next 5 years but I really felt like there were no other options. With a tiny baby and no income I was drowning with no escape or back up plan to stop the debt collection letters and threats of court action. It was a very difficult time.
The IVA progressed ok through the first few years then in January 2018, a year and a half before I was due to complete it, the insolvency practitioners I used were taken over by a different company. This should have not caused any issue’s..but being my life down to a ‘T’ it all got messed up to put it politely and the new company “lost” my account in the takeover! Over a year I spent making phone calls and sending emails to be constantly told they were dealing with it and I would be set up again..in this time my payments had stopped to my IVA as they had increased them to an unaffordable amount, so i was now racking up arrears. I complained to the FSA but they couldn’t help me, i was at a loss as to what to do, I’m not a legal buff and don’t have money to see a solicitor. The new insolvency practitioner never sorted my payments out and left me hanging and in August this year 2019 they failed my IVA. I’m absolutely heartbroken, I’ve been struggling for the last 5 years with restrictions on my accounts, and it has halted my life financially only for them now to release all the debts that were supposed to be dealt with on my behalf back to the companies I owed money to. To add to the pain of all the financial issues, my beloved had an affair 4 months after our second daughter was born in November 2016, so i was left with a 3 year old, a 4 month old baby, in debt whilst he was off having the time of his life! God writing this makes my life sound like a fricken soap episode!
I have now received to date 2 letters from 2 of the credit card debts asking me to pay the money back. There could be more to come, they have every right to chase me for the money. So I now have debts hanging over me again with no no money to pay them back. So far I now owe £7,500 with potentially more to come.
I really really hate asking, this is me in an absolute desperate situation that i need to get out of. I can feel myself sinking back under a black cloud. Please can anyone help me; I’m so sorry for asking. I would be so very grateful, Thank you.
From a desperate mum x
I have uploaded one of the debt letters i received this week. It will only let me add 1 image unfortunately.