F & F

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Sadsack

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Post by Sadsack » Tue Sep 25, 2007 4:05 pm
Just wanted to share this with you all!

Whilst in my IVA, you may recall I intended to offer a F & F to the IVA by way of remortgage. Up to the 7 September this was still viable, subject to the variation being approved by my creditors. Creditors meeting was set up for the 21 September. Unfortunately, the mortgage repayments were simply not financially feasible, and finally made up my mind that going BR was the only way forward.

IVA company were informed on 17 September of my pending petition.

Today I recieved a letter from them stating that the variations to my IVA had been accepted - 100%!!!!! In an attached letter, a standard letter sent to all creditors confirming the variation, the following is said -

"However I must inform creditors that by letter dated 4 September 2007, debtor advised that she had withdrawn her offer of early settlement. Blah, blah, blah".

On the 4th???????????

It amazes me that a professional company, can make such "schoolboy" errors with dates etc on what I can only assume a legal document.

No wonder my IVA was about to fail - with mortgage and secured loan payments of £1900, IVA payment of £600/month and a net income of £2800, £300 surplus for utilities and living...........


Ah Well!!!! All over on Monday!!!

Sue


Ho Hum! Think I'll bang my drum!

Read My Blog
http://sadsack.blogs.iva.co.uk/
Ho Hum! Think I'll bang my drum!

Read My Blog
http://sadsack.blogs.iva.co.uk/
 
 

Cybus

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Posts: 392
Joined: Fri Jul 13, 2007 7:44 pm
Location: United Kingdom

Post by Cybus » Tue Sep 25, 2007 7:40 pm
You might want to relate some of your experiences on

http://www.iva.com/

If the service you have been provided is sub standard and contains schoolboy errors, nothing like it being made known on iva.com. It may not help you at this time, but it may help others in their decision making process and it may just make the IVA provider sit up, take note and do something more about it.
Likewise if you had positive experiences, these can be related too.



Tell it like it is.
Tell it like it is.
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