Try the Co-op. There is another company that is recommended on this forum but I can't remember who - sorry! I've read about it in the last week so maybe you could do a search.
"It's better to be in control on a small budget than to be out of control on a large budget."
Both Co-op and Yorkshire are excellent for persons in or contemplating an IVA.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
I went with Halifax easycash, partly because it is local for me, but also because I was able to apply online and set it all up online. It was quick and easy to do. I was also, within in minutes, able to set up a savings account and link it to the easycash account. This will be used to transfer my contingency and also to put in funds for my bills not on DD,s.
As for any links with your creditors, I have Natwest and Mint (both RSB) but it so far hasn't had any knock on effect.
Never take a moment or a loved one for granted in the blink of an eye they may be lost forever.
I went with the Halifax easycash account in the end, absolutly simple to set up.
Well I'm just waiting for the notification of the date of the creditors meeting now .. so fingers, toes crossed that the 75% is reached and they accept the £280 / month proposed.
I'm kind of excited, but very worried at the same time ... does that make sense?
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
Well I'm livid, damn Northern Rock have held up their decision because they want a clause added to the IVA. My eldest son is 17 and is still in full time education, they want me to agree that in 18 months time I will pay an extra £100 / month into the IVA .. problem is my son doesn't intend to go to work in 18 months he wants to continue his education, anyway according to the terms of the IVA even if he doesn't continue his education I would have to inform my IP of the extra income and it would go towards payments anyway.
My IP are currently trying to get them to change their minds about this .. I won't hold my breath, so now I have to wait probably until tomorrow to find out the result, damn shame they hold 26% of the total debt as all the others have agreed to the IVA.
Really am not a happy bunny!!!
If they say no, there is no way I am agreeing to this and will be looking at the bankruptcy option.
Last edited by Fugazi on Wed May 20, 2009 6:12 pm, edited 1 time in total.
I think I would be cheesed off for the sake of the 1% sway they have in this. Are you sure you havn't got naother debt you may have missed off to get the 75% required without NR.
IVA.co.uk The best place for debt advice. Thanks to Melanie Giles, David Mond, David and J (Elv5) Kallis, Dand, Skippy, Andy Davie
You cannot possibly agree to this modification when it has no basis on fact. Suprised that Northern Rock are pushing for this - and knowing those guys pretty well I suspect that your IP needs to work a little harder to put your own points across.
