Excellent news, and given that NR had a controlling vote on this and chose to exercise it in favour should give hope and optimism to all those on here who have posted lately worrying about Northern Rock and their policy on IVA's.
Regards.
Cert DR
23+ years in debt advice
I do not post for anyone other than myself
Scott72 wrote:
Oh wow. Northern Rock submitted 48 modifications - all of them acceptable (any many of them to be expected)
That's what Scott posted Melanie.
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
[:D]Congratulations Scott,that's brilliant news..now you can go and enjoy your bubbly!!..wishing you all the very best for the future..have a great evening celebrating!!xx
I can't believe that instead of struggling and worrying for twenty odd years, not answering the phone and leaving piles of letters unopened I have a solution.
Fantastic news - even with 48 modifications who was the IP firm?
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
The firm was Payplan. They said it looked very much like a box ticking exercise for Northern Rock as most of their requests were things that were already provided for in the proposal.
The only ones worth mentioning were if I miss two months payments they will class it as a default (well d'uh) and if I do any ovetime they will let me keep 110% of my standard take home pay - which is fair enough. That and a £14 increase in my monthly payment - which is a drop in the ocean.
I am spending today opening a mountain of ignored post and it is the most liberating feeling. I am even phoning some of them, not to gloat but to inform them in case they don't hear for a while.
