IVA approved: here we go

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ketton79

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Post by ketton79 » Thu Aug 29, 2013 4:30 am
Well after the worry of the creditors meeting being adjourned because were were away, the day we got back, the meeting was held and i recieved the call to say our IVA had been approved. A couple of modification were needed, the main one being that my payments will be for 6 years where as my wifes will still finish after 5.
I cant complain too much, to be honest the amoutn we're for our combined iva is the equivilant of what i was paying for one of my credit cards. I know its going to be a long hard journey but at least I know what i have to aim for now.

The funny thing the only creditor to object or ask for ridiculous changes was a company working on behalf of santander whose percentage of our total debt was only about 3%.

Anyways thanks to everyone for the advice and support on here and i shall continue to seek more as i go im sure lol.
 
 

Luigi

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Post by Luigi » Thu Aug 29, 2013 5:51 am
Great news Ketton. Congratulations and good luck for the future.
Visit my blog here : http://luigi.blogs.iva.co.uk/
 
 

Foggy

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Post by Foggy » Thu Aug 29, 2013 8:23 am
Great News Ketton -- onward and upward :-)
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Ftreal

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Post by Ftreal » Thu Aug 29, 2013 8:42 am
Congratulations on getting the IVA approved and best wishes for the future.
Wisdom comes from experience. Experience is often a result of lack of wisdom.
 
 

Michael Peoples

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Post by Michael Peoples » Thu Aug 29, 2013 9:16 am
Congratulations from me too.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

Shining

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Post by Shining » Thu Aug 29, 2013 11:44 am
fab!
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

Lisa.53

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Post by Lisa.53 » Thu Aug 29, 2013 4:49 pm
Congratulations on having your IVA approved! great news :)
 
 

MelanieGiles

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Post by MelanieGiles » Fri Aug 30, 2013 2:18 am
Another great result and well done. Which firm did you choose to represent you?
Regards, Melanie Giles, Insolvency Practitioner
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