IVA meeting aug: Finally got my IVA ! Yeah!

[angie.d]

I am due to have an IVA meeting on 7th aug at 3.15pm. I have 50,000 unsecured debts in my name and a 22,000 debt in joint names with my ex husband. The 22,000 and 24,000 of debt are with HSBC and the rest between egg, mbna and co op. Just wondering what are the chances of an acceptance? I think I am offering 40p to the pound. Works out at 530 per month? What will happen to the joint debt if it is accepted? Also what evidence do they need when the iva is reviewed each year?
Sorry for so many questions!

[tinytori]

good luck with ur meeting hun x

[Adam Davies]

Hi Angie and welcome
Presuming that your ex husband is not entering into an IVA also then he will have to continue paying the debts as before or come to an arrangement with HSBC.
At your review your IP will ask for wage slips and a fresh income and expenditure form.Some will also ask for bank statements.
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
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IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp

[iva_squirrel]

Good luck with you meeting. Please keep us updated.

Regards,

Julia Simavi

Shortlisted with special commendation for Debt Counsellor of the Year by Credit Today Awards 2007

View my profile:
http://www.supersonicsquirrel.net/julia ... rofile.asp

Visit my website:
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Credit Today Awards 2007 http://www.credittoday.co.uk/awards/winners.htm

[iva experts]

Welcome to the Forum angie,

If your ex-husband is not entering into his own IVA, he can be pursued for the whole amount owing. However you will be covered by the IVA as it is legally binding.

Usually at your review your I.P will let you know what documents they require but the normal documents asked for are payslips, bank statements and possibly a P.45.

Best Regards. IVA Experts

[Oliver]

On the face of it I would say your offer has a good chance of success.

The other party will be persued for the full amount of the debt.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp

[iva.com]

Hello Angie,

Good luck for the 7th. Please let us know how it goes.

Kind regards,
Terry Balfour
IVA.com

IVA.com - Comparing IVA firms by using consumer feedback.

Please rate your IVA firm or Insolvency Practitioner by reviewing them here: http://www.iva.com/submit_iva_review.asp

[angie.d]

Hi thanks for the information and support.
Money Debt and credit are dealing with my proposal and seemed to have messed it up by giving my creditors a different monthly amout than I agreed to! (£380 instead of £530).
I am now waiting for a rearranged meeting and am hoping for the best!

Can I put leftover monthly money into a savings account whilst in an iva?

[MelanieGiles]

That is quite a material difference - what reasons have they given for making this error>

It is a very good idea to put any spare money into a savings account whilst you are in an Iva - that way you will always have the money available to pay for the car tax and servicing bills when they arrive, as well as anything else which is not paid regularly on a monthly basis.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[angie.d]

Finally got my IVA approved! Yeah!
£590 a month!
Thanks for everyones advice and support!

[aguise]

Great news Angie. All the best.

Ang

Please visit my blog at http://aguise.blogs.iva.co.uk/

[iva experts]

Well Done Ang, Im glad that everthing turned out in the end [:D]

Best Regards. IVA Experts

[iva_squirrel]

Hi angie.d,

Congratulations!!! Well done!
All the best and let us know how you are getting on.

Regards,
Michelle P.

[Oliver]

Well done Angie and all the best with everything in the future.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp

[mikebdomain]

Well done Angie - hope the rest of the journey is good for you.

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