PAPERWORK

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nat2673

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Post by nat2673 » Sun Aug 17, 2008 6:08 pm
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I got my IVA accepted on Wed when should I expect my paperwork to come through, Also when do you make your first payment does it take a while to set up. Just need to know as I am in a DMP at the min and cant afford to pay both in the same month. Dont want to cancel the DMP and then the IVA take some time to set up and have all the phone calls to start again.
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Til

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Post by Til » Sun Aug 17, 2008 6:11 pm
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Hi Nat - our paperwork (Chairmans Report) came through within about a week but as I understood it you are 'in' and IVA from the date the meeting takes place and you are approved?? I could be wrong there.

We were told we had to make our first payment within 30 days of approval but not sure if that is same for everyone? Sure an expert will be along soon to say for sure [:)]
"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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LoneRanger

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Post by LoneRanger » Sun Aug 17, 2008 6:12 pm
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I would cancel the DMP payment. Creditors cant do anything now your iva has been approved. It will probably be a while before they receive any money anyway. Your first payment should be made within 31 days of your IVA been approved but your IP should have discussed this with you.
Steve.

IVA approved!
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kallis3

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Post by kallis3 » Sun Aug 17, 2008 6:15 pm
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You should definitly cancel the DMP payment. You don't need to pay it any more.

If you get calls from the creditors, just tell them you are in an IVA.

They cannot touch you now.
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 » Sun Aug 17, 2008 7:40 pm
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Your IP should issue you with confirmation paperwork within 4 days of the creditors meeting.
Regards, Melanie Giles, Insolvency Practitioner
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nat2673

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Post by nat2673 » Sun Aug 17, 2008 10:59 pm
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So I will wait till Tue and if not got anything I will give them a ring and see you never know could of got lost in the post.
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Kazzy E

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Post by Kazzy E » Sun Aug 17, 2008 11:02 pm
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Hi Nat, we discussed the date for our second and subsequent payments during the call when we were told that our IVA had been accepted. We had already made our first payment pending it being accepted. Our paperwork came through within a couple of days of the meeting. Kazzy x
There is light at the end of that dark tunnel. Promise.

Visit my blog at: http://kazzy.blogs.iva.co.uk/
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nat2673

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Post by nat2673 » Sun Aug 17, 2008 11:09 pm
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Ah right I will wait and get my paperwork then see what happens just dont want to find myself short with the DMP and the IVA going out, Might be to late to cancel the DMP going out this month so the IVA could come out of my Sept pay. Oh god i just want it sorting now so i can start paying.
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luluj

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Post by luluj » Mon Aug 18, 2008 1:16 pm
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STOP the DMP payment - you are now covered by the IVA so why pay DMP and IVA ..........ring the bank now and cancel the D/D - they can cancel it over the phone and it takes immediate affect !
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
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nat2673

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Post by nat2673 » Mon Aug 18, 2008 5:31 pm
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Still not got any paperwork for the IVA will ring them tomorrow. Always happens to me things go missing or things dont work how they should I should learn really
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moretolife

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Post by moretolife » Mon Aug 18, 2008 10:42 pm
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hi NAT ..hope you get your paperwork and then get settled into IVA lifestyle.keep us informed
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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james.c

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Post by james.c » Mon Aug 18, 2008 11:14 pm
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my first payment was a month after the IVA was accepted, but i did request with my IP i wanted payments to go out after the 14th of the month as this was the day i got paid, my IVA was accpeted on 17th January 2007 and so the first payment was 17th feb 2007
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