FAO Karol from Grant Thornton

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jp72

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Post by jp72 » Sun Aug 07, 2011 8:41 pm
Firstly, thank you for the advice re emailing customer services with IVA Forum in the subject, I had a very quick response...

http://iva.co.uk/forum/topic.asp?TOPIC_ID=39345

However, in the above topic you will see that we have had big problems getting the people at GT to work out our equity properly, as we only own 65% of house.

The last conversation we had was late on Friday when they promised to ask a senior manager to review it, but I would be very grateful if you could perhaps intervene to:

a. ensure this happens, and
b. show them, maybe via this forum, that other experts in this field can see that the maths is wrong.

Many thanks
 
 

plasticdaft

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Post by plasticdaft » Sun Aug 07, 2011 9:42 pm
How hard can it be to work out your equity? Even if you only own 65% of the property.

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
 
 

MelanieGiles

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Post by MelanieGiles » Mon Aug 08, 2011 10:04 am
Given that we know little about this posters actual circumstances, can I suggest that we leave this matter to their own IP to resolve - Karol has posted this morning that GT are now speaking directly with jp72.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Adam Davies

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Post by Adam Davies » Mon Aug 08, 2011 11:23 am
Hi
Would be interesting to see an update on this case though as it will help others who have a similar equity situation

Regards
Andam Davies
 
 

jp72

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Post by jp72 » Mon Aug 08, 2011 5:41 pm
We are on our way to resolving the issue, with Karol's help, and I will post to confirm when and how it is resolved in case of similar issues now and in the future, in due course.
Thanks for all support
 
 

kallis3

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Post by kallis3 » Mon Aug 08, 2011 5:55 pm
Glad you're getting some help.
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
 
 

jp72

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Post by jp72 » Wed Aug 10, 2011 9:29 am
Well thanks to intervention from Karol and Barry from Grant Thornton, we appear to have resolved the equity issue.

Because our shared ownership was not between two individuals, we share with a housing association and they own the freehold, there was confusion surrounding the calculation of the equity, as it was different to the way GT usually do it.

The supervisor has agreed that there is no equity in our home, and therefore no requirement to release, or extend our IVA, so all being well our final payment should be 17th September!!!

We are still getting our heads around it all and wont believe it til we get the completion certificate, but are very pleased to have got it sorted as the last few weeks have been quite stressful!
 
 

ginger3232

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Post by ginger3232 » Wed Aug 10, 2011 9:48 am
jp72 - well done - here to your final payment - and the the end of the IVA :-)
 
 

kallis3

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Post by kallis3 » Wed Aug 10, 2011 10:15 am
Excellent news!
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
 
 

Foggy

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Post by Foggy » Wed Aug 10, 2011 10:21 am
Great News. Well done to GT for listening.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Broke of London

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Post by Broke of London » Wed Aug 10, 2011 2:56 pm
Fab news jp! I love it wen a plan comes together!!! Congrats on (nearly) finishing your IVA. x
 
 

Ivoryfalcon

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Post by Ivoryfalcon » Wed Aug 10, 2011 3:08 pm
Fantastic news, very soon it will all be over.

Best wishes
 
 

spla

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Post by spla » Wed Aug 10, 2011 4:51 pm
don't hold your breath on getting your completion certificate ? I'm still waiting for mine 8 months after last payment ,gt said 3wk a go i was a priority and would receive it in 2 wks at least ,given up
 
 

Grant Thornton

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Post by Grant Thornton » Wed Aug 10, 2011 6:09 pm
Hi spla

If you contact me by email on ivacustomerservices@uk.gt.com with "IVA Forum" in the subject line I will look into this for you.

Kind Regards
Karol
 
 

kallis3

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Post by kallis3 » Wed Aug 10, 2011 6:18 pm
Spla,

Please do contact Karol, she is doing a great job for GT.
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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