My creditors meeting is on Monday 7th September

194 posts Page 3 of 13
Post Reply
 
 

Shining

User avatar
Posts: 27019
Joined: Thu Sep 20, 2007 8:57 am
Location:
Post by Shining » Mon Sep 07, 2009 9:21 am
Quote
Good luck for today. Let us know
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Top
 
 

Pennyless

User avatar
Posts: 1271
Joined: Sat Sep 05, 2009 4:30 pm
Location: United Kingdom
Post by Pennyless » Mon Sep 07, 2009 9:24 am
Quote
Good luck for today Danny4.
I came into this world with nothing and still have most of it left!
Top
 
 

danny4

User avatar
Posts: 190
Joined: Wed Sep 02, 2009 3:52 pm
Location:
Post by danny4 » Mon Sep 07, 2009 10:25 am
Quote
hanks everybody for your kind support. I am really nervous now and am really praying it gets accepted. We know it will not be easy but it gives you a glimmer of hope. I will post the outcome.
Top
 
 

Cath

User avatar
Posts: 1329
Joined: Mon Aug 24, 2009 2:38 pm
Location: United Kingdom
Post by Cath » Mon Sep 07, 2009 11:31 am
Quote
Good luck, thinking of you xxx
7 year IVA completed in December 2016 - there is light at the end of that tunnel
Top
 
 

orville

User avatar
Posts: 8
Joined: Tue Aug 12, 2008 2:41 pm
Location: United Kingdom
Post by orville » Mon Sep 07, 2009 11:40 am
Quote
Hi, am new on here, i have got my creditors meeting this morning too, i am waiting for the phone to ring, good luck
Top
 
 

bergy

User avatar
Posts: 45
Joined: Fri Jun 19, 2009 11:33 am
Location:
Post by bergy » Mon Sep 07, 2009 12:03 pm
Quote
Any news yet?? Fingers crossed!
Top
 
 

Pennyless

User avatar
Posts: 1271
Joined: Sat Sep 05, 2009 4:30 pm
Location: United Kingdom
Post by Pennyless » Mon Sep 07, 2009 12:05 pm
Quote
Orville good luck. I have just been accepted for a proposed IVA by Melanie Giles team so hopefully will be in same position in a couple of months.
I came into this world with nothing and still have most of it left!
Top
 
 

Pennyless

User avatar
Posts: 1271
Joined: Sat Sep 05, 2009 4:30 pm
Location: United Kingdom
Post by Pennyless » Mon Sep 07, 2009 1:46 pm
Quote
Good news for Orville...c'mon Danny lets make it two!
I came into this world with nothing and still have most of it left!
Top
 
 

danny4

User avatar
Posts: 190
Joined: Wed Sep 02, 2009 3:52 pm
Location:
Post by danny4 » Mon Sep 07, 2009 5:34 pm
Quote
Mine was refused. Northern Rock said I could reduce my payments to them which would put more money in for the creditors. Spoken to Northern rock and they said they could possibly put me on interest only but first they want me to contact my creditors and see how much they would accept as reduced payments and then get back and they will tell me what they could do for me. Asked payplan how the others had voted. They said some didn't but Egg and MBNA plus any else that voted said yes. We as taxpayers can help Northern Rock but they won't help us. Hopefully the govt will say enough is enough and Northern Rock will go under. We can only hope.
Top
 
 

MRBLUESKY

User avatar
Posts: 2870
Joined: Tue Jun 02, 2009 11:04 am
Location: United Kingdom
Post by MRBLUESKY » Mon Sep 07, 2009 5:38 pm
Quote
thats sad news danny sorry to here about that.is that final danny wasn,t your meeting adjourned to give your ip time to try and sort something out.
Last edited by MRBLUESKY on Mon Sep 07, 2009 5:45 pm, edited 1 time in total.
Top
 
 

Pennyless

User avatar
Posts: 1271
Joined: Sat Sep 05, 2009 4:30 pm
Location: United Kingdom
Post by Pennyless » Mon Sep 07, 2009 8:04 pm
Quote
Danny sorry to hear that NR would not play ball. I am in the process of requesting they place me on "Interest Only" mortgage to free up more money for my creditors but not sure what their response will be when they discover I havn't enough for my current bills and trying to get an IVA. Hopefully common sense will prevail and they will see the purpose of the "interest only" application as a wider part of the IVA itself and thus guarantee that their payments are secure.

Be interested in what options your IP has given you. Good luck!
I came into this world with nothing and still have most of it left!
Top
 
 

Julie

User avatar
Posts: 9503
Joined: Thu Feb 14, 2008 10:56 pm
Location: United Kingdom
Post by Julie » Mon Sep 07, 2009 8:30 pm
Quote
So sorry to hear about NR Danny grrrrrrrr don't they make you hopping mad [:(!]

What percentage of your debt is owed to NR? Hopefully payplan can come up with another plan for you....maybe enter a dmp and then try for an IVA again? Or would bankruptcy be an option for you?

Try to keep your chin up, between us all and your IP we'll find a solution xx
Top
 
 

Mrs_Moody

User avatar
Posts: 207
Joined: Mon Aug 03, 2009 9:50 am
Location:
Post by Mrs_Moody » Mon Sep 07, 2009 8:36 pm
Quote
Really sorry it didnt go to plan for you today Danny. I'm confused where NR come into it though. Are they just your mortgage provider or do you have unsecured debt with them? Also, if they are just your mortgage provider and you have kept your payments up to date, how did they get to get their tuppence worth at the creditors meeting. Can you do a DMP? Have Payplan helped with other options? I'm sure they can help you with another solution? Nikki
Top
 
 

mikepapa

User avatar
Posts: 170
Joined: Tue May 12, 2009 5:58 pm
Location:
Post by mikepapa » Mon Sep 07, 2009 8:40 pm
Quote
Really sorry to hear Danny,, hope you & your IP can sort it out. Keep us posted on progress/options.
Kind Regards, MP

IVA accepted 1st October 2009
Top
 
 

danny4

User avatar
Posts: 190
Joined: Wed Sep 02, 2009 3:52 pm
Location:
Post by danny4 » Wed Sep 09, 2009 3:57 pm
Quote
I have an unsecured loan with Northern Rock. Got report back and surprised how many people didn't vote. Only MBNA,Northern Rock and IVA watch on behalf of egg. Egg and MBNA accepted but nothern rock didn't. Have rang payplan today to tal about DMP rather than go bankrupt. They will get back to us in next 10 days. Apparently if we go into DMP the 30,000 unsecured loan then becomes secured and part of the mortgage with northern Rock. If they had done that anyway then it would have been a different IVA outcome possibly. We have been advised not to do anything until our DMP is set up but I have had default notice threatening with poss court action from Egg and a first charge from sainsburys . It all gets so confusing and worrying. Was thinking about asking Northern Rock for a year off but maybe not a good idea. Maybe should ask them to move the unsecured to the mortgage and then put new IVA together. What do people think on that.
Top
Post Reply
194 posts Page 3 of 13
Return to “a success story”