F&F

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seagulls

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Post by seagulls » Wed Jul 02, 2014 8:52 pm
I am on cloud 11 ! Our F&F has been accepted yesterday . Despite the fact that it was a far longer wait then we expected (6 months ) it has gone through smoothly .
My thanks to Shaun Vickery & Payplan. We chose to sort out a secured loan which for us is the best option.
This forum has been such a comfort to me as the IVA can be a lonely journey. It has also been a mine of information. I will still be a regular visitor as we have now the wait for the Completion Certificate !
 
 

Foggy

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Post by Foggy » Wed Jul 02, 2014 8:56 pm
Congratulations Seagulls :-)
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

MelanieGiles

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Post by MelanieGiles » Thu Jul 03, 2014 1:25 am
Good news to see another case successfully completing, and also noting that secured loans may well be the right solution for some people.
Regards, Melanie Giles, Insolvency Practitioner
 
 

seagulls

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Post by seagulls » Thu Jul 03, 2014 6:20 am
My grateful thanks also to Melanie & Foggy for all the valuable advice and information given.
 
 

Michael Peoples

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Post by Michael Peoples » Thu Jul 03, 2014 9:43 am
Great result Seagulls and nice to see positive feedback about the secured loan option. Well done to Shaun too.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

Goosed

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Post by Goosed » Thu Jul 03, 2014 2:56 pm
Hi seagulls,

Congratulations on negotiating an end to your IVA, hope you don`t have too long a wait for your CC.

I fully understand that it`s your own business, but I don`t suppose you could divulge the APR of the secured loan arranged for you, so anyone in an IVA thinking of taking, or having to take the same route can have an idea as what to expect?
Last edited by Goosed on Thu Jul 03, 2014 3:26 pm, edited 1 time in total.
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".

Eric Cantona
 
 

Rubyred

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Post by Rubyred » Thu Jul 03, 2014 3:48 pm
Congratulations!
Having dreams doesn't cost a penny and keeps you going
Iva completed 14 months early!
 
 

seagulls

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Post by seagulls » Thu Jul 03, 2014 9:11 pm
Hi Goosed
The APR on the loan is 15.40% . Its over 10 years but is quite a lot less then the IVA.
 
 

Michael Peoples

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Post by Michael Peoples » Thu Jul 03, 2014 9:43 pm
Also a lot cheaper than switching your entire mortgage to adverse rates. I have seen much higher rates for so called 'clean' customers.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

Goosed

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Post by Goosed » Fri Jul 04, 2014 3:03 pm
Thanks for sharing that information seagulls,

Enjoy spending that spare cash each month[:)]
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".

Eric Cantona
 
 

welshwiz

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Post by welshwiz » Fri Jul 04, 2014 3:34 pm
congratulations enjoy your debt free future we finished ours last month and it feels great
 
 

welshwiz

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Post by welshwiz » Fri Jul 04, 2014 3:38 pm
who does shaun vickery work for, I can't find him ask the expert question?
 
 

Michael Peoples

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Post by Michael Peoples » Fri Jul 04, 2014 3:48 pm
He works for the Select Partnership in Chester. He may not have posted recently which is why his name is not there but I will let him know you are looking for him.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

Michael Peoples

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Post by Michael Peoples » Fri Jul 04, 2014 3:52 pm
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

welshwiz

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Post by welshwiz » Fri Jul 04, 2014 4:54 pm
Thank you Michael
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