iva accepted 25p in £ with hsbc main creditor

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KAMRAN

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Post by KAMRAN » Tue May 27, 2008 5:53 pm
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me to :-)
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TheMatrix

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Post by TheMatrix » Tue May 27, 2008 6:13 pm
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well done you :-)
We're willing to wipe the slate clean, give you a fresh start. All that we're asking in return is your cooperation.
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kal

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Post by kal » Tue May 27, 2008 6:27 pm
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Congratulations - a weight off your mind I bet.
k.
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rockbottom

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Post by rockbottom » Tue May 27, 2008 6:57 pm
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well done Kamran

very pleased for you, congratulations...

rockbottom
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Skippy

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Post by Skippy » Tue May 27, 2008 8:45 pm
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Congratulations Kamran and good luck with your IVA
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Kazzy E

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Post by Kazzy E » Tue May 27, 2008 9:00 pm
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Good for you Kamran, keep smiling [:D] Kazzy x
There is light at the end of that dark tunnel. Promise.

Visit my blog at: http://kazzy.blogs.iva.co.uk/
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KAMRAN

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Post by KAMRAN » Tue May 27, 2008 9:22 pm
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thanks skippy and kazzy E
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Soulgrowth

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Post by Soulgrowth » Tue May 27, 2008 9:52 pm
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Brilliant news ... here's to a debt free future [:)]

Debbie
Debbie
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Adam Davies

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Post by Adam Davies » Tue May 27, 2008 10:00 pm
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Hi
Great news and good to see forum expert Size 5 [Mike] get a mention[even though he's gone down a size !!]
Regards
Andam Davies
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KAMRAN

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Post by KAMRAN » Tue May 27, 2008 10:09 pm
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ooops lol
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KAMRAN

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Post by KAMRAN » Tue May 27, 2008 10:13 pm
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Thanks all and Andy i was that excited i dropped Mike to Size 4
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MelanieGiles

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Post by MelanieGiles » Tue May 27, 2008 11:05 pm
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Congratulations from me too - and perhaps a little favour! Could you let me know who your IP firm are as I am monitoring which firms seems to get let off the 40p hurdle rate.
Regards, Melanie Giles, Insolvency Practitioner
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KAMRAN

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Post by KAMRAN » Tue May 27, 2008 11:15 pm
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Hi Melanie, my IP was David Emanuel Merton Mond and the firm was clear debt
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MelanieGiles

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Post by MelanieGiles » Tue May 27, 2008 11:18 pm
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Excellent work by David's team, and inspirational for all of us who struggle with hurdle rates which do not accord with current IVA protocol. I will yet again question the people who vote for HSBC to see if there has been a change in policy in this regard.
Regards, Melanie Giles, Insolvency Practitioner
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KAMRAN

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Post by KAMRAN » Tue May 27, 2008 11:29 pm
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Melanie

As far I am aware there was chance of them voting no, as I was told I may need to look at a 6 year Iva to swing hsbc's vote

But I was very very surprised today when I found out they have voted yes and with no modifications

I mean I would have accepted a 6 year Iva as a last resort

If I did get refused I would have gone bankrupt as I have over £66,000 in debt and would not have chose a debt management plan

Are you finding they are asking for 40p in the £ with none homeowners?
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