panicking

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facingittogether

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Post by facingittogether » Wed Apr 23, 2008 8:48 pm
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got in from work today to letters from american express saying that they are going to court on 5th june to apply for a charging order on our house.

can anyone tell me exactly what a charging order is? and also if our iva gets approved on monday would that stop them applying for an order?

have been feeling quite calm the last few days but this has sent me into a panic.

barb [:(]
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Skippy

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Post by Skippy » Wed Apr 23, 2008 8:51 pm
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I'm no expert, but I think a charging order means that the debt is then secured on your property. As far as I know when (not if!) your IVA is approved on Monday they will no longer be able to apply for a charging order.
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kallis3

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Post by kallis3 » Wed Apr 23, 2008 8:54 pm
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I agree with Skippy, once the IVA is in place they have to cease any actions against you.
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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Reviva UK

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Post by Reviva UK » Wed Apr 23, 2008 8:55 pm
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Hi

you need to call your IP tomorrow morning and advise of the AMEX position. They can help deal with the position.

Who is your IP for the IVA?
Paul Johns
Reviva UK
Assisted Bankruptcy Specialists
www.revivauk.com
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suzanne100268

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Post by suzanne100268 » Wed Apr 23, 2008 8:57 pm
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The Court will not make the charging order final if your in an IVA. Wait till approval on Monday and then write to the Court stating your IVA has been approved. Send them the Chairmans report when you get it. Ask the Court to dismiss the application.
IVA completed September 2014. Finaly debt free - final dividend 88p/£
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facingittogether

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Post by facingittogether » Wed Apr 23, 2008 8:58 pm
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thankyou skippy and kallis you have put my mind at rest!

how people cope without this site i dont know - it has been a god send for me! - you guys are brill!

thankyou

barb [:)]
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facingittogether

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Post by facingittogether » Wed Apr 23, 2008 9:02 pm
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hi - my ip is melanie

what do you mean sue they wont make it final if my iva is approved?

barb
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Skippy

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Post by Skippy » Wed Apr 23, 2008 9:10 pm
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I think Suzanne means that when your IVA is approved the court cannot approve a charging order.
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emma_t

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Post by emma_t » Wed Apr 23, 2008 9:14 pm
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Just let Melanie know Barb and I am sure she will reassure you[:)]
Be positive & look after yourself, there are more important things in life than debts....

Best Wishes

Emma x
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facingittogether

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Post by facingittogether » Wed Apr 23, 2008 9:14 pm
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thankyou skippy

i will phone angela tomorrow to inform her but hopefully it will be ok

thankyou for all your replies


barb x
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Reviva UK

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Post by Reviva UK » Wed Apr 23, 2008 9:16 pm
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Hi

Let Melanie have the information - she will be able to deal with Amex and if for some unknown reason they still want to go to court and waste time then ask Melanie to call me and we will go to court for you.
Paul Johns
Reviva UK
Assisted Bankruptcy Specialists
www.revivauk.com
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Moneystinks

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Post by Moneystinks » Wed Apr 23, 2008 9:43 pm
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Hi Barb just read your post are you okay? I am worried for you xx

We have 2 debts with amex.......

I would go straight and directly to Melanie like Paul says. (Sorry Melanie). I would have to know and I would only feel settled hearing from Melanie direct. She is good we all know it.

Chin up and if need anything get in touch! xx

Paul I think you offer is really nice. x
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angela18

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Post by angela18 » Wed Apr 23, 2008 9:48 pm
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hi barb

hope your feeling ok! have you emailed melanie or spoke to her yet!!
we got a default notice from A&L yesterday, which panicked me.. can't imagine how you must of felt.. hope it all pans out ok for you.

fingers crossed.. forum twin!!
Ang.. 13 payments in.. WOW, thats over 20% paid!! http://angela18.blogs.iva.co.uk/ well here we go

if you wish for a rainbow... then you have to put up with the rain xx
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MelanieGiles

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Post by MelanieGiles » Wed Apr 23, 2008 9:50 pm
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Barbara

Amex have such a low percentage of your aggregate debt, that I feel sure that their rejection can and will be outvoted on the day of the meeting - ie next Monday.

Worry no more about this process - and don't worry about Court. If I felt that someone needed to attend I would get Paul on board as he could easily deal with the situation.
Regards, Melanie Giles, Insolvency Practitioner
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Viki.W

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Post by Viki.W » Wed Apr 23, 2008 9:59 pm
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Ah Barb, do you feel a little bit better now? Not long now and all your troubles will be behind you. Thinking of you. Viki 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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