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kallis3

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Post by kallis3 » Mon Apr 21, 2008 4:27 pm
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Wow, what a relief!

All creditors who voted apparantly voted yes, apart from London Scottish who didn't bother to reply. Can't do a breakdown at the moment, but will do so when I get the chairmans report.

We really thought that mine would be refused or have to have a lot of modifications, but all they have said is that I have to pay 10% of overtime etc.

We have to have a further property valuation in the 5th year, but if there is less than £5,000 equity for each of us then the IVA is written off without us having to take out a remortgage. If we cannot remortgage, then the IVA will be increased for a year.

I am so pleased as I thought we would be stung for more money per month and we haven't been.

We also cannot go more than 3 months in arrears, which I don't intend to do.

God, I can't believe we have come out the other side of the nasty letter syndrome! No more phone calls from Mercers!

Thanks to everyone for your good wishes this afternoon. I will keep on posting as I know how important it is to have a good support network
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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TREES57

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Post by TREES57 » Mon Apr 21, 2008 4:29 pm
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well done Kallis excellent news !
CAN'T BUY ME LOVE !!
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Viki.W

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Post by Viki.W » Mon Apr 21, 2008 4:29 pm
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Told you eh?. That's brilliant news. Have a great night celebrating. X
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
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debtfreesusie67

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Post by debtfreesusie67 » Mon Apr 21, 2008 4:30 pm
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Woo hoo. Congratulations Kallis. Good nights sleep for you then at last.

Sue
Hugs
Sue
The only way is up
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Julie

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Post by Julie » Mon Apr 21, 2008 4:31 pm
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Well done Kallis.......what a relief eh?
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Moneystinks

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Post by Moneystinks » Mon Apr 21, 2008 4:33 pm
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Congratulations!! x
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sblack

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Post by sblack » Mon Apr 21, 2008 4:34 pm
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Great news Kallis,
Well Done
"Life is too short to wake up in the morning with regrets. So love the people who treat you right, forget about the ones who don’t and believe that everything happens for a reason. If you get a chance, take it. If it changes your life, let it. Nobody said that it’d be easy, they just promised it would be worth it."
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kallis3

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Post by kallis3 » Mon Apr 21, 2008 4:37 pm
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We are on Cloud 9! I have often read on here about how people feel after their meetings, but you just cannot describe it properly. I feel as if I am starting the rest of my life.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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pm5

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Post by pm5 » Mon Apr 21, 2008 4:40 pm
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WEll done, its a good feeling is'nt it ?
Also only having to pay 10% of overtime is good too, normally its 50%.
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Shining

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Post by Shining » Mon Apr 21, 2008 4:44 pm
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Fantastic news kallis, weight off your mind, next time Mercers ring, you'll have something very positive to tell them !
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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chris.g

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Post by chris.g » Mon Apr 21, 2008 4:50 pm
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Great news Kallis,
xx
It's nice to be back......
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kallis3

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Post by kallis3 » Mon Apr 21, 2008 4:54 pm
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I am looking forward to Mercers ringing and will take great delight in telling them my news.

I think he said 10% about the overtime but my husband has just muttered about 50% so perhaps I misheard. I will know when the chairmans report gets here and will post further on that. I don't get to work much overtime (only if I am called out, and that is exceedingly rare, twice in 4 years!), don't get a bonus or commission. I can work a couple of Bank Holidays a year but I can do that for payment or time, so will probably do it for time.

I can win up to £500 on the lottery as well. I wish!!!!!!!!!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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kal

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Post by kal » Mon Apr 21, 2008 4:54 pm
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Fantastic news Kallis.
k.
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kallis3

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Post by kallis3 » Mon Apr 21, 2008 5:00 pm
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The light at the end of the tunnel has been switched on.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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angela18

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Post by angela18 » Mon Apr 21, 2008 5:08 pm
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oh i'm so pleased for you.. brilliant!!
Ang.. 13 payments in.. WOW, thats over 20% paid!! http://angela18.blogs.iva.co.uk/ well here we go

if you wish for a rainbow... then you have to put up with the rain xx
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