review

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gavin

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Post by gavin » Tue Feb 12, 2008 2:27 pm
if there is a drop in income but we are still able to make the monthly payment with the help of family and friends will they fail the iva at the 3 monthly review?
Empty pockets never held anyone back. Only empty heads and empty hearts can do that.
 
 

MelanieGiles

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Post by MelanieGiles » Tue Feb 12, 2008 4:21 pm
They can only fail the IVA Gavin if you are not paying your payments. If you are being supported by family and friends, then the Supervisor and your creditors will be delighted - but can you sustain this in the long run, and how will you pay them back?
Regards, Melanie Giles, Insolvency Practitioner
 
 

gavin

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Post by gavin » Tue Feb 12, 2008 4:32 pm
thankyou for the reply yes we will be able to with the help of friends and family and they dont want the money back.
Last edited by gavin on Thu Feb 14, 2008 6:53 pm, edited 1 time in total.
Empty pockets never held anyone back. Only empty heads and empty hearts can do that.
 
 

gee_r

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Post by gee_r » Tue Feb 12, 2008 7:01 pm
you have really good friends and family
 
 

Adam Davies

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Post by Adam Davies » Tue Feb 12, 2008 7:24 pm
Hi
My father in law subsidised our IVA for many months.
Something that I will always be grateful of.
Regards
Andam Davies
 
 

JoeB

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Post by JoeB » Thu Feb 14, 2008 10:02 pm
Andy I am always impressed by your honesty - your experience really adds authenticity and a genuine feeling that this site is about helping as opposed to the many that are there to make money out of those who find themselves in unforunate circumstances[^]
Last edited by JoeB on Thu Feb 14, 2008 10:03 pm, edited 1 time in total.
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