Hi there, im quite worried

[Shining]

Once your IVA is accepted you are protected from your creditors, from any further interest or charges.

So long as you have the required number of votes on the day all creditors will be bound by the terms and conditions of your IVA x

[kallis3]

Once the IVA is accepted, as Lesley says, you are totally protected. It does sometimes take time for your creditors to update their systems so letters and calls may follow for a while, but they are nothing to worry about.

[mitchymoo]

Hi guys, Nosasani I am in same position as yourself posted my proposal back last week to Payplan, i have noticed i have a different case officer now everything is almost done. 2 of our credit card companys with the most owing have been really good mbna have stopped everything, no calls, 2 really nice letters- v surprising!! I thought theyd be the worst obvious landed lucky with sympathetic adviser on the phone!!


Does anyone know about gas and electricity bills?? I pay 103 pm direct debit but my yearly statement iis behind by 302 they have included this in the plan. I was happy to lave it out but as it is money in debt i have to inc, will i have to have a meter?? I would hate that!!
Thanks all!!!

[MelanieGiles]

With utility arrears, you are probably better off renegotiating a higher monthly payment to accomodate the arrears moving forward. Splitting accounts between pre-IVA and post-IVA can be a nightmare.

[mitchymoo]

Thanks Melaine!!

I have asked about all this payplan stated it needed to be inc?
also i am concerned if our div% is enough to be accepted with our creditors, oh its so stressful!!

This site makes me feel sane again x

[Shining]

I am so glad the forum is helping you mitchymoo, a lot of us are in the same boat or have been at some time or other. Keep posting and we'll try and help you all the way along the way. x

[mitchymoo]

Thanks Lesley x

[nosasani]

Hi guys, great news i looked on justabank which is my payplan online account checker and it states my creditor meeting date and time! wheyyyy! )

Exciting stuff and to be fair it's been roughly 4 or 5 weeks, so i suppose thats quite good isn't it??

how long does the meeting generally last?

kindest regard's,

and replying to your previous statements, thankyou for your kindness and clear information before.

[kallis3]

Brilliant!

When is it?

The meetings don't last long usually, I was called within 15 minutes.

[mitchymoo]

When did you send your proposals off Nosasani?? Iv just checked in Justabank cant see my date for creditors meeting, which section would it be in?? Thanks!

[nosasani]

Hi guys, my meeting is on tues 19th october at 10 55am. thanks again, oh and the date popped up on justabank front page, where 'outstanding info required' was. Night

[kallis3]

Fingers crossed for the 19th! Not long to go then now.

[Shining]

Not long at all, all the best for the 19th, as Jan says meeting generally don't take long x

[mitchymoo]

Mine day after at 10.50 good luck xx

[nosasani]

good luck to mitchy, that time has come! eeek. Ah well i'm confident and excited for the future. lets wait and see, wish me luck )) thank you every one