iva rejected

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MelanieGiles

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Post by MelanieGiles » Thu Jul 31, 2008 11:02 pm
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You have been given some extreme advice about bankruptcy, but as your creditors will ultimately prefer a DMP this could be the best way forward for you. Be aware that a new type of IVA is being introduced next year called a SIVA - which only requires a 50% acceptance, so if the creditor which rejected your proposal is owed less than this, then an IVA could well work for you at this time. Keep your eyes peeled to the forum to ensure that you are able to look at this option at the appropriate time.
Regards, Melanie Giles, Insolvency Practitioner
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madbobix

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Post by madbobix » Fri Aug 01, 2008 10:46 am
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thanks melanie thats great news
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mye

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Post by mye » Fri Aug 01, 2008 11:59 am
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Yes Melanie,that is very good to know.
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natasha.j

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Post by natasha.j » Mon Aug 04, 2008 4:35 pm
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i will let you know how it goes they have re-scheduled it for thursday
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stu.s

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Post by stu.s » Mon Aug 04, 2008 5:26 pm
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Hi Natasha.
I know how you feel, because our IVA was initially rejected by NR. We were told there was no way they would agree to it as we owed them over £60k between two loans, and both were only barely a year old.
Still, we extended it from 5yrs to 6, and we upped our offer from £300 to £400 per month even though I knew this would be difficult to fund regularly with my overtime. As stupid as this may have been, we were desperate to push it through. Thankfully it was accepted, albeit with a raft of mods to the t&c's from NR and Tix.
So keep ur chin up, you never know whats round the corner. Good luck.
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kallis3

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Post by kallis3 » Mon Aug 04, 2008 5:26 pm
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Fingers crossed for Thursday natasha.
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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tori

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Post by tori » Mon Aug 04, 2008 5:32 pm
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hi natasha,fingers crossed for thursday[:D]good luck ! x[:)]
please visit my blog http://tori.blogs.iva.co.uk/ a second chance..
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facingittogether

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Post by facingittogether » Mon Aug 04, 2008 6:46 pm
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good luck for thursday natasha, i really hope you get a positive outcome!

love barbx
12 down - 60 to go! woo hoo!
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aguise

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Post by aguise » Mon Aug 04, 2008 7:08 pm
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God luck from me too Natasha, hopefully all has been sorted and you will be celebrating. Fingers crossed.

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

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Post by Viki.W » Mon Aug 04, 2008 8:36 pm
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Good luck Natasha, I really hope it's good news. Fingers crossed. X
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
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Til

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Post by Til » Wed Aug 06, 2008 8:43 pm
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Good luck Natasha - I have my meeting tomorrow so perhaps we could send luck each others way! I will keep all crossed for us both :-) x
"Hope is the feeling you have that the feeling you have isn't permanent." - Jean Kerr

IVA approved Aug 2008 - 6 year term - last payment made 6 Oct 2014. CC received 14 Nov 2014.
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facingittogether

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Post by facingittogether » Wed Aug 06, 2008 8:47 pm
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good luck to both of you for tomorrow!

hope we get good news posted tomorrow!

thinking of you both

love barb x
12 down - 60 to go! woo hoo!
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moretolife

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Post by moretolife » Wed Aug 06, 2008 11:52 pm
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hi there....it must be awful to get it rejected.....but lets hope tomorrow will bring good news..what time is meeting scheduled for??

hope all goes well....
IVA completed 11th Dec 2009 due to a Full and Final with the fantastic help of Michael Peoples and
Mc Cambridge Duffy

Visit my blog...Journey from Debt to Life Post IVA
http://moretolife.blogs.iva.co.uk
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tori

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Post by tori » Wed Aug 06, 2008 11:54 pm
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[:o)]good luck natasha and til for tomorrow ! will look forward to seeing your good news.will be thinking of you both.x[:D]x
please visit my blog http://tori.blogs.iva.co.uk/ a second chance..
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