must all creditors be included?

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bigeyes

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Post by bigeyes » Wed Jun 18, 2008 10:26 am
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hello
would it be possible if entering into an IVA not to include a particular creditor, or must all be included? for instance one of my creditors is a Northern Rock loan who i hear tend to decline IVA's
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freelili

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Post by freelili » Wed Jun 18, 2008 10:31 am
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All creditors must be included, NR arent declining all IVA's. Not to include a creditor is wrong and will make your IVA void. Speak to a professional as soon as possible. Melanie who posts on here has had success with NR recently.

Good luck.
LILY

http://freelili.blogs.iva.co.uk

I asked God for an answer, I have to live with his reply.
Exsisto an angelus quod planto quispiam sentio melior.
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kallis3

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Post by kallis3 » Wed Jun 18, 2008 12:30 pm
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As Lily says - a definite no-no not to include all of your creditors.

Northern Rock aren't so bad these days.
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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MelanieGiles

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Post by MelanieGiles » Wed Jun 18, 2008 8:12 pm
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But they don't! Who is telling you that Northern Rock decline most IVA's? In my office they tend to accept most of them!
Regards, Melanie Giles, Insolvency Practitioner
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facingittogether

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Post by facingittogether » Wed Jun 18, 2008 9:09 pm
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northern rock approved our iva and they were a main creditor!

melanie is our ip and like she says nr do approve majority of proposals she puts forward!

barb x
12 down - 60 to go! woo hoo!
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chardonnay

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Post by chardonnay » Wed Jun 18, 2008 9:17 pm
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Hi nThere,
Try to be as honest and up-front as you can!! Declare all debts no matter how scarey it is, it will work for you in the end. There may be one or two you forget - depending on the amount of debt, but you can declare those when they surface. All IP's are symathetic - they realise the scale of the problem can make you overlook small debts - it's part of the process.
Try to include every debt you have, you'll be covered then,
Good luck, chin up,
Hugs,
Chardonnay
Chardonnay
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