creditors meeting on 3/05/2012

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michael.d

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Post by michael.d » Wed Apr 25, 2012 7:37 pm
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HI

Got my creditors meeting on 3rd may at
11:15.

I got into debt all my own fault and i opted for a iva to try and help me get sorted and get my money in order instead off letting it build up.

i owe £44000 to 4 creditors and am offering 31% back my ip is payplan.

Just getting scared that it will be rejected as it seems a low amount to pay back.

any advice welcome ;-)
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Foggy

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Post by Foggy » Wed Apr 25, 2012 7:40 pm
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Hello and welcome. Actually, 31% is a healthy dividend, so there shouldn't be much trouble over that. Payplan wouldn't be putting the offer forward if they thought it wasn't good enough.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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michael.d

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Post by michael.d » Wed Apr 25, 2012 7:43 pm
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Thanks foggy

i now feel a bit better after that was just a bit concerned hopefully i can have a fresh start on 3/5/2012 .
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kallis3

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Post by kallis3 » Wed Apr 25, 2012 7:46 pm
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Hi and welcome Michael.

Good luck from me as well.
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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kazzafunk

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Post by kazzafunk » Wed Apr 25, 2012 10:23 pm
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Hi michael - good luck from me to!

If it makes you feel any better we owed £80,000 and our dividend of 18p in the £ was accepted. If your IP has gone as far as arranging a meeting then they will be confident that the best offer is on the table and I think 31p is a great offer!

Make sure you post next week to let us know how you got on!
Kazza

Please visit my blog:
http://kazzafunk.blogs.iva.co.uk/

IVA completed 21/03/2012
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dunkynuts

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Post by dunkynuts » Wed Apr 25, 2012 10:27 pm
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Hi Michael- It doesn't matter what your dividend is - you've made the decision to sort your finances good luck!
Have no regrets,the future is ours!
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Shining

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Post by Shining » Thu Apr 26, 2012 7:45 am
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Hi there welcome and good luck for the 3rd. Keep us updated x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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footiemad

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Post by footiemad » Thu Apr 26, 2012 8:30 am
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Hi Michael - welcome to the forum. I'll keep my fingers crossed for you on the 3rd May but as the others on here have said , the dividend you are offering is a good one x
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Kelly O

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Post by Kelly O » Thu Apr 26, 2012 9:31 am
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Hi Michael and welcome to the IVA forum,

Good luck for your creditors meeting on the 3rd May, keeping everything crossed for you :-)
Regards Kelly Osadare Debt Advice Manager at www.pjgrecovery.com (host to www.melaniegiles.com.)

PJG Recovery have a free online advice channel at www.debtadvicetv.com. If you are ready to ask us for specific advice or help, then get in touch at www.pjgrecovery.com/contact-us.asp . I look forward to speaking to you.
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Gemma Burton

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Post by Gemma Burton » Thu Apr 26, 2012 11:51 am
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Hi Michael and welcome to the forum. Good luck with your meeting on the 3rd, I can assure you that we wouldn't be putting your proposals forward if we didn't think they would be approved.

Remember I am here to answer any queries that you have, let us know how you get on :-)
Many Thanks
Gemma
Payplan Representative

Payplan offer a range of solutions including IVAs and free DMPs. To find out more and to contact us please visit www.payplan.com
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Claire.37

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Post by Claire.37 » Thu Apr 26, 2012 1:29 pm
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Good luck for the f&f on the 3rd May. [:)]
Full & Final Accepted 22nd May 2012 :)
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michael.d

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Post by michael.d » Fri Apr 27, 2012 8:16 pm
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I have just looked at my forms and made a mistake my meeting is on the 2nd which is a day earlier so 1 less say to wait ;-)
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Shining

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Post by Shining » Fri Apr 27, 2012 8:23 pm
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Good luck for the 2nd then, like you say one less day to wait than first thought. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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key310865

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Post by key310865 » Sun Apr 29, 2012 1:14 pm
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my IVA was accepted with less of an offer,, you will be fine , some creditors will have already voted
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kallis3

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Post by kallis3 » Sun Apr 29, 2012 1:20 pm
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Good luck for the 2nd from me as well!
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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