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
Hi Amar sorry to hear of your rejection, I have recently gone with mc c duffy and found them to be very good with my problems. Did you ring them back today?
If i listened to my Mom and Dad i would not be in the mess i am in now.
Hi Amar - we're all rooting for you and hope that your IP at McD can do something to help turn the vote around. Payday loans are appearing more and more as there is more advertising for them on TV and in the press - everyone knows they are unwise but as you and many others know, when you are feeling desparate they seem like a temporary answer as it sounds so easy. I really hope you get a postive result - keep us posted.
Regards,
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.
If you’re looking for effective debt related information, articles and news, then go now to our on-line advice service at www.debtadvicetv.com
If you’re ready to ask us for specific advice or help, then get in touch at www.call-me.debtadvicetv.com so you can start to free yourself from the stress and anxiety of overwhelming debt.
Thanks , still no news . I have contacted them and i have been told they are still trying to get some of the creditors votes in yes . The main reason is that my debts are piled up in quick time (less then 1 year ). I am very stressful and really struggling to cope
I have everything crossed for you - hope you get a result soon.
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
I have spoken to my iva company and they said the insolvency exchange has some objections on iva proposal and they are trying to talk to them about that .
Another thing, I have got e-mail from one of my creditor call Mini-credit, basically i took a loan of £400 on 17/06/11 now they are asking today to pay back £1079, when try to speak to them they said they do not accept any IVA or DMP .according to them that mention in their terms and condition and they keep charging interest per day. If my iva wont go through then i donot how should i deal with them . Is any body have this kind of situation?
A Mar --- mini Credit are just trying to panic you into making a payment to them. They will be bound by the IVA when it is accepted, whether they like it or not.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Yeah stay strong Amar 70. Im sure you will get the IVA sorted soon,Most creditors know how tough things are out there for everybody. Dont let their hasssaling get to you,most of them would like something paid back as opposed to getting nothing back so im sure your IP will put up a good case for you.
Hello Friends
I have got great news this morning . My IVA has been accepted almost on last day. I could not believe first when my IVA company Mccambridge duffy LLP told me this morning that my IVA is gone through with a very little modification in IVA proposal. So Big thanks to Mccambridge daffy satff especialy who involved in my case. A big thanks to Michael Peoples (McCambridge Duffy ). Micheal was very supportive in our stressful time .
I want to share my case experience on this forum, so it may be helpful for others . Actually this is my second IVA . I have completed successfully my first IVA last year in August2010. Right after that i have involved in payday loans (because main banks were not offering me any loan due to my past credit history) and we wrere disparate to get loan, we moved in new home and we had to buy almost every thing .Initially we thought that payday loans are quick and easy to get and we can pay them back but soon we release that was big mistake , their interest rate are very high (£25 per every £100 monthly) So if you have loan of £5000 then you have to pay interest every month £1250 and So in year time you have to pay £15000 interest on £5000 loan and actual loan of £5000 is still the same. We had very stressful time . So it was very hard for creditors to digest that how come we have piled up around £16000 debits ( around 20 different creditors me and my wife ) in very short time ( 1 year ) Therefore it was very difficult and testing case to get approval. Hopefully this will be the end of our stressful time and now on we an concentrate on our normal life and come clean again. My humble advice to others please do not involve in payday loans because they are very difficult to handle .
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
