HBOS

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caraf

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Post by caraf » Thu Nov 29, 2007 7:39 am
Hi
It seems as though the HBOS keep insisting for higher monthly payment when it comes to the creditors meeting. Does anyone know what there critiria is because HBOS is my biggest creditor
53 down 7 to go !!
Cant wait till December 2012
 
 

MelanieGiles

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Post by MelanieGiles » Thu Nov 29, 2007 8:12 am
HBOS rely upon CCCS guidelined expenditure when it comes to what they deem allowable. So if your IP has not taken this into account in preseting your income and expenditure statement, this could cause a request for increased payments.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
 
 

cr15py

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Post by cr15py » Thu Nov 29, 2007 3:01 pm
My largest creditor is also with HBOS. I shall have to look at this then, and discuss with my IP as my expenses although "reasonable" to me might not be "reasonable" to HBOS if they are sticking to CCCS guidelines.
Chris
Visit my blog at http://cr15py.blogs.iva.co.uk
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