My creditors meeting is on Monday 7th September

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danny4

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Post by danny4 » Wed Sep 02, 2009 3:52 pm
My creditors meeting is on Monday 7th September 2009 and hopefully it will be accepted. Just want the letters and phonecalls to stop. our proposal gives creditors 29p in the pound. Hopefully it's not to low. We are with payplan who I have no issues with.
 
 

Shining

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Post by Shining » Wed Sep 02, 2009 3:57 pm
Hi there danny4 and a very warm welcome to the forum, good luck for the 7th. Some of our posters are with payplan and they talk highly of them so you're in safe hands, let us know how you get on won't you.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

Mrs.T.

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Post by Mrs.T. » Wed Sep 02, 2009 3:57 pm
Good luck for Monday Danny4. Keep us up to date with your news.

Dianne x
 
 

happy buddha

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Post by happy buddha » Wed Sep 02, 2009 4:41 pm
good luck from me too,im sure it will all go well

graham
On the road to freedom
 
 

janjan

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Post by janjan » Wed Sep 02, 2009 8:14 pm
Good luck for Monday - I'm sure it will be fine.

My IVA was accepted at 23p in the pound - I still got a few phone calls and letters for a few weeks after accepted but I was able to tell them my IVA was accepted and that shut them up. Hardly get any post now and when the phone rings it is a friend.

Stay strong and positive

Janet x
 
 

fbdo

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Post by fbdo » Wed Sep 02, 2009 10:11 pm
don't worry I was accepted with only 21p in the pound so keep your chin up Monday will soon be here !!!!
 
 

rhondda2

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Post by rhondda2 » Wed Sep 02, 2009 10:20 pm
Good luck from me too
Iva F&F settled...Yeah !!!
 
 

kallis3

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Post by kallis3 » Wed Sep 02, 2009 10:52 pm
We are with Payplan and have had no problems at all with them so far.

Good luck for Monday. I won't be around to congratulate you as I will be on holiday (first one in four years!) but I'm sure you will be ok.
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
 
 

Debtwitch

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Post by Debtwitch » Thu Sep 03, 2009 7:06 am
Good luck Danny
Kind regards,

Angela Rosler
Insolvency Manager

Helping people with their debt problems for nearly 10 years.

Contact me directly for free, impartial, confidential help and guidance.
 
 

danny4

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Post by danny4 » Fri Sep 04, 2009 10:13 am
Thankyou for all your support and not long now. If somebody doesn't bother voting is it counted at all or just ignored?
 
 

size5

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Post by size5 » Fri Sep 04, 2009 10:30 am
The votes that are cast are counted and added up. If carried then anyone who has not voted is still bound, but if it is a close vote and rejected then your IP would probably adjourn and go back to them to encourage them to vote.

Regards.
Cert DR
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Debtwitch

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Post by Debtwitch » Fri Sep 04, 2009 10:34 am
Only the votes that are received are counted so you have to achieve support in excess of 75% of creditors voting at the meeting. So for example, if you have total debts of £15k but only 1 vote turns up from a creditor owed £2k, you have 100% support.
Kind regards,

Angela Rosler
Insolvency Manager

Helping people with their debt problems for nearly 10 years.

Contact me directly for free, impartial, confidential help and guidance.
 
 

danny4

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Post by danny4 » Fri Sep 04, 2009 10:36 am
My creditors are northern rock
Sainsburys
MBNA
EGG
Tesco
Mint

Waht are these usually like to deal with
 
 

size5

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Post by size5 » Fri Sep 04, 2009 10:44 am
They are generally supportive of VA's if it is the appropriate way to go, although N/Rock do have criteria for homeowners who have mortgages with them that need to be borne in mind and MBNA may vote against if you could otherwise clear the debts within 10 years via a DMP.

Regards.

Regards.
Cert DR
23+ years in debt advice
I do not post for anyone other than myself

Follow my tweets at http://twitter.com/debtmastersize5
 
 

bergy

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Post by bergy » Fri Sep 04, 2009 10:56 am
Fingers crossed for Monday
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