Communication is key

[lucy.f]

Just wanted to share our experiences mid IVA proposal... We initially telephoned all our creditors and advised them of our financial problems and intended course of action. Without exception, all were very polite and I got the impression this was (sadly) common practice nowadays! I usually agree a timescale to go back to them with an update (usually 2 weeks) and I always do go back to them. A couple have ignored this arrangement and called earlier but I then remind them of said agreement and they have been fine. It has also helped that most of them recognise our IP (Melanie Giles) and a comfort to us to know that she is one of the best..! It really does help when you have confidence in your IP. A few have tried us to fill in their income and expenditure forms but I always refer them back to my IP.

Good luck everyone with your IVAs, if you can, keep in contact with your creditors because even the ones in far away places [:)] will eventually stop calling when they realise you are doing your best and you are in very safe hands (hopefully) with your chosen IP.

This site is wonderful - it's firstly where we found the wonderful Melanie and her team and secondly, it's given us the courage to take our financial mess by the short and curlies and do something with it!

[adam090376]

Hi Lucy
I agree with what you say, Communication is key and I have tried to contact my creditiors on a regular basis. I have my meeting on the 15th of this month and now it is this close I have only had one call in the last week. So hope this is a good sign.
Adam

[keh]

Lucy and Adam

Glad everything is going smoothly for you and that you kept the faith going

Congratulations both of you

Keith

The long and winding road will straighten out eventually....keep the faith

[DebtDummy]

adam and lucy, I wish you both the best of success in setting up an IVA.
Lucy you are correct in saying having an IP one can place his/her confidence in is a comfort. Eases your mind tremendously.

Good luck both of you.

All I have left is my humour.

View my blog http://www.debtdummybankruwoman.blogs.iva.co.uk.

[lucy.f]

Thanks everyone.

Good luck Adam - not long to wait now! Please let me know how you get on...

[pippa]

I was going to wait for the inital contact from my IP before contacting my creditors to let them know my intentions, but i dont know should I start letting them know now? June will be the first month that my creditors dont get paid , but I have only just returned my documents to the iva company and know it may be a couple of weeks at least before i hear from the IP

Regards

Pippa

[hara]

In My cae it did not make much difference,some still kept ringing.

One of the creditors,despite having been informed instusted thier Lawyers, who took action despite being aware of I seeking IVA arrangement.

hara