does the vote against still stand ?

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debbiek

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Post by debbiek » Mon Oct 06, 2008 8:51 pm
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i applied for an i va. most of mt debt was to lloydstsb and at the time they had voted agaist i va so i could not proceed, does this still stand or have they changed their vote
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Adam Davies

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Post by Adam Davies » Mon Oct 06, 2008 9:14 pm
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Hi
I believe that if your Lloyds debt is more tha 75% of your total debt then they will reject.
Regards
Andam Davies
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MelanieGiles

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Post by MelanieGiles » Mon Oct 06, 2008 9:43 pm
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That is correct Andy.
Regards, Melanie Giles, Insolvency Practitioner
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David Mond

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Post by David Mond » Tue Oct 07, 2008 7:43 am
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Please specify who you owed money to, the amounts and in the case of LloydsTSB how long you have owed them. Also if Lloyds were the major creditor (over 25%) then your IP should have been aware of their criteria before submitting an IVA for you.
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.
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