cahoot and MBNA

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kiki

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Post by kiki » Fri Jul 04, 2008 10:46 pm
I have read a few posts about MBNA and that they sell on alot of debt then reject ivas, has anyone had their ivas accepted by either of these?
would appreciate the advise :)
 
 

Moneystinks

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Post by Moneystinks » Fri Jul 04, 2008 10:47 pm
Hi kiki

We have Virgin (MBNA) and they are quite agressive as creditors go but saying that I hven't heard from them this week........

Hope you are well. X
 
 

kiki

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Post by kiki » Fri Jul 04, 2008 10:50 pm
my debt with MBNA is only about 2900 out of 22,800 but my main creditor is Lloyds tsb, i think i have a lot of creditors that dont like ivas :(
 
 

Moneystinks

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Post by Moneystinks » Fri Jul 04, 2008 10:51 pm
Who is your IP?

List some of your creditors and people will tell you how they faired with various ones.
 
 

MelanieGiles

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Post by MelanieGiles » Fri Jul 04, 2008 10:55 pm
I certainly see more rejection votes from this creditor that any other to be honest.
Regards, Melanie Giles, Insolvency Practitioner
 
 

kiki

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Post by kiki » Fri Jul 04, 2008 10:56 pm
thanks, my ip are dfd they have been really good i know there have been some bad posts about them. my creditors are...

HSBC- 3500
CAHOOT - 3500
MBNA - 2900
LLOYDS LOAN - 8000
LLOYDS C.CARD -1000
LLOYDS OVERDRAFT-600
NEXT- 900
BARCLAY - 350
EGG-450

Thanks x
 
 

MelanieGiles

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Post by MelanieGiles » Fri Jul 04, 2008 10:59 pm
As MBNA only have a small percentage of the vote in your case, it is very likely that that can be outvoted by other creditors who are more likely to accept the proposals.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Moneystinks

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Post by Moneystinks » Fri Jul 04, 2008 11:00 pm
Hopefully somebody like Melanie will hve a rough idea - but it is all guess work. We will all only know on the day unfortunately.........

Here's waiting for an answer for you XX
 
 

Moneystinks

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Post by Moneystinks » Fri Jul 04, 2008 11:01 pm
There you go as if by magic [:D]
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