Iva approval percentage

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team

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Post by team » Wed Sep 16, 2009 6:05 am
IVA APPROVAL PERCENTAGE???
HI ALL,
CAN SOMEONE PLEASE ADVISE ON THE PERCENTAGE OF PROPOSALS PUT FORWARD THAT ARE APPROVED??? JUST HAVING MY PROPOSAL DRAWN UP NOW BY MY IP WITH A CREDITORS MEETING PLANNED FOR OCTOBER AND TRYING TO BELIEVE IT WILL BE ACCEPTED.
 
 

kallis3

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Post by kallis3 » Wed Sep 16, 2009 8:06 am
It varies - I know that Melanie has an excellent acceptance rate, and it is not often on here that we read of proposals being rejected. I am sure you will be ok.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

size5

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Post by size5 » Wed Sep 16, 2009 8:49 am
I can only speak for myself, but of the cases here that go to creditors meeting then the acceptance rate is greater than 95%. Whilst every firm will strive to attain 100% acceptance it is just not possible so high 90's will do me.

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Declan at DebtFreeDirect

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Post by Declan at DebtFreeDirect » Wed Sep 16, 2009 9:34 am
Hi Team
Approval rates these days are generally in the high 90's. In all instances, OP's will only put forward proposals they believe will pass.

Thanks
Declan Murray
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Debt Free Direct - the UK's largest IVA provider.
http://www.debtfreedirect.co.uk/iva/
 
 

Declan at DebtFreeDirect

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Post by Declan at DebtFreeDirect » Wed Sep 16, 2009 9:35 am
sorry, the above post should say "ip'S" NOT "OP's"!
Specsavers me thinks!
Declan Murray
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Debt Free Direct - the UK's largest IVA provider.
http://www.debtfreedirect.co.uk/iva/
 
 

MelanieGiles

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Post by MelanieGiles » Wed Sep 16, 2009 9:59 pm
98.6% for us so far this year. If eveyone is quoting high 90's, how come creditors continue to tell me that only 80% of IVA presented are accepted?
Regards, Melanie Giles, Insolvency Practitioner
 
 

Max

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Post by Max » Wed Sep 16, 2009 10:04 pm
Nearly 99% Melanie how on earth do you manage that? J
 
 

Pennyless

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Post by Pennyless » Wed Sep 16, 2009 10:33 pm
Melanie keep those percentages high please!
I came into this world with nothing and still have most of it left!
 
 

team

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Post by team » Wed Sep 16, 2009 11:27 pm
superb news.
i so hope im in that late 90s percentage of approvals. thankyou all
 
 

MelanieGiles

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Post by MelanieGiles » Wed Sep 16, 2009 11:29 pm
It's not too difficult J - give creditors what they want, and take affordable payments from clients.
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kallis3

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Post by kallis3 » Thu Sep 17, 2009 1:08 pm
I'm sure everything will be ok team - we don't get many rejections on here.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

size5

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Post by size5 » Thu Sep 17, 2009 1:23 pm
I suspect that the 80% figure creditors talk about is across the industry and maybe isn't really relevant to the firms that post on here.

Just a hunch.

Regards.
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kallis3

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Post by kallis3 » Thu Sep 17, 2009 1:27 pm
It's probably an average - the companies who post on here have a brilliant acceptance rate.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

team

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Post by team » Thu Sep 17, 2009 8:41 pm
just thought id share with you all what my user name is an abbreviation of
T ogether
E veryone
A chieves
M ore.
like all of us on here eh???
 
 

kallis3

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Post by kallis3 » Thu Sep 17, 2009 9:02 pm
Too right![:D]
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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