Good Luck Foggy

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adam090376

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Post by adam090376 » Wed Jul 24, 2013 6:11 pm
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Congratulations foggy. I had my IVA accepted on payments to date on 2nd July so I can share how you must be feeling today. Well done.
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Foggy

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Post by Foggy » Wed Jul 24, 2013 6:21 pm
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Thank you, all, for your kind messages :-)

Mel, I know nothing of this insurance, but, presumably the creditors do, unless it is a standard modification these days.

The modification reads:

"Debtor contributions shall not be used to pay for any insurance policy designed to protect contributions, should the debtor become unable to make them. Any funds from debtor contributions which have already been paid towards such an insurance policy shall be refunded for the benefit of the creditors."

My anticipated dividend at the outset was 32p/£ -- paid to date was anticipated in the variation at 31p/£. After the modification it was revised to 43p/£.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Foggy

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Post by Foggy » Wed Jul 24, 2013 6:23 pm
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BTW I would like to point out that the fees for this variation were limited to £500 by the creditors ---- GT took only £300
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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MelanieGiles

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Post by MelanieGiles » Wed Jul 24, 2013 6:25 pm
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That is a silly modification to expect anyone to consider retrospectively - as if premiums were being paid this would have been disclosed within the IVA proposal. Indeed an insurance company would not refund premiums which had been rightfully paid for a wanted product.

I despair .............!
Regards, Melanie Giles, Insolvency Practitioner
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Foggy

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Post by Foggy » Wed Jul 24, 2013 6:29 pm
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Mel -- If they had wanted me to stand on my head in a pool of dirty water whistling dixie I would have seriously considered it :-)
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Hyperdrive

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Post by Hyperdrive » Wed Jul 24, 2013 7:42 pm
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I think sometimes it`s a question of justifying an illusion of expertise and not losing face[;)]
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wiggle1

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Post by wiggle1 » Wed Jul 24, 2013 11:27 pm
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just caught up with this thread. Congratulations Foggy. So pleased for you.
Life after IVA is wonderful.
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plasticdaft

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Post by plasticdaft » Wed Jul 24, 2013 11:52 pm
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Brilliant news and time to move on to a new chapter in the life and times of Foggy.

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

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Post by Pandy » Thu Jul 25, 2013 7:43 am
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font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Foggy

Mel -- If they had wanted me to stand on my head in a pool of dirty water whistling dixie I would have seriously considered it :-)
Pictures please!!!

Well done, I am really pleased for you, now the closure fun begins...
If life is what you make it, I must have been in a strange mood when I made mine
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Tina Shortland

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Post by Tina Shortland » Thu Jul 25, 2013 9:55 am
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Fantastic news Foggy - well done :-)
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.

If you’re looking for effective debt related information, articles and news, then go now to our on-line advice service at www.debtadvicetv.com

If you’re ready to ask us for specific advice or help, then get in touch at www.call-me.debtadvicetv.com so you can start to free yourself from the stress and anxiety of overwhelming debt.
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Foggy

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Post by Foggy » Thu Jul 25, 2013 10:11 am
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Just like to say a heartfelt "Thank You" for all the messages of support.

I am surprise and gratified .....and, frankly, speechless (but that will wear off) :-)
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Charlygirl

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Post by Charlygirl » Thu Jul 25, 2013 11:01 am
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Congratulations Foggy!! That is great news xx
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footiemad

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Post by footiemad » Tue Jul 30, 2013 10:11 pm
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Only just caught up with your news Foggy - well done, so pleased that your F&F was accepted. x
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Gareth.hs

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Post by Gareth.hs » Wed Jul 31, 2013 12:22 pm
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Hi Foggy - Ive not been online for a while, last time I looked you were due to complete IVA just after me! :-)
Sorry to hear about your bad news but congrats with completion.
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Foggy

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Post by Foggy » Wed Jul 31, 2013 12:34 pm
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Thanks, again, for the good wishes.

Hi Gareth -- yes we were on track to complete around the same time -- but circumstances this end changed dramatically.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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