Hi
I am new here, but have been following all of your posts. Mine was approved today, after a 9 week process, I was so worried that the creditors would force me to go bankrupt because there was about 1% difference between that and the IVA and I would of lost my house.
Anyway what I am really pleased about is that the only creditor that voted against was FLM, I owe them the smallest amount, in fact I am a guarantor on a loan for an ex friend of mine who went bankrupt in June. They have been threatening court action, attachment of earnings, charging orders, bailiffs the lot since June, I offered a payment plan but they refused, I was advised to stop token payments this week until my creditors meeting and when I informed them they said they were not interested and to give them my bank details straight away or face court.
Payplan were brilliant, the chairman said to me today that FLM should of taken up my offer because they are now receiving the smallest payment. I have been making token payments to them via paypoint because they are notorious for taking more than they should do out of your bank account, but this still did not satisfy them. One question I forgot to ask, can a creditor 'contest' the decision and still take me to court, as I can just see them trying to do this?
So 1st payment done today, feels good to finally start paying my debt back!!
