Feel like my creditors will just say no!

[kev59]

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by NoCash2012

Thats good to hear.

Halifax/Bank of Scotland is the creditor I owe most to. followed by Virgin/MBNA and Barclays

.mbna are my biged creditor, and the one I was sure would say NO. after they knew I was going into a iva they never phone or sent letter and said YES
barclays also said yes. all the other give it a yes.
to both my 1st offer and my F&f offer

[NoCash2012]

thanks for all of your replies. I am feeling alittle bit better about it.

Like you have all said im sure my IP wouldn't have spent so much time sorting out the proposals etc if they didn't think it would go through.

Just need to cross my fingers and be patient lol.

Ill keep you posted on how things go.

Ive just had my email from Barclaycard saying my minimum payment is due on the 13th nov. I have decided to wait until they phone me and then tell them I have applied for an IVA etc.?? Does that sound ok?

[Adam Davies]

Hi

Yes, wait for them to contact you

Very few IVAs are rejected these days so try not to worry, put your trust in your IVA company

Good luck

Regards

[NoCash2012]

Well i have received my first letter today from Halifax (Royal Bank of Scotland) saying about me having cancelled my direct debit.

Any advice on what to do next? Should I wait till they phone or write a letter back saying I am currently proposing an IVA?

[Skippy]

When I went into my IVA my IP contacted my creditors advising them of the IVA. The only contact I had was when they phoned me.

[NoCash2012]

I have just contacted my IP and they said it ignore the letter as they should receive my IVA within a few days.

[MelanieGiles]

95% of all consumer debt based IVAs are now accepted, and most of us work to higher acceptance rates, so I would have thought yours will be fine - but everything crossed for you on the day.

[NoCash2012]

Well my creditors meeting is next friday (23rd). Got a text message from lloyds tsb saying I was over my overdraft.

After logging into my internet banking it looks like Lloyds tsb have removed my overdrafts.

I presume this is normal as they have received my IVA proposal?

[Hyperdrive]

Yes that`s right, have you opened another bank account with someone not in your list of creditors?

[NoCash2012]

Yes I have, ive moved to natwest

[NoCash2012]

Had a letter yesterday saying I am over my overdraft (because they have removed them because they have received my IVA proposal).

the letter stated that I would be charged £10 for every day my account was over its overdraft :S eeek

[Niobe]

Don't worry - it will be included in the IVA.

[in-a-mess-indeed]

All My charges were included within the final claims on the IVA so as Niobe sayes dont worry about the charges.