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by jv~
Mon Jul 02, 2007 10:12 am
Forum: bankruptcy
Topic: forced into bankruptcy?
Replies: 12
Views: 2567

still havent heard anything from my creditors yet? any advice on what i should do?
by jv~
Fri Jun 29, 2007 10:39 am
Forum: IVA postbag for june
Topic: dont know what to do
Replies: 2
Views: 3463

Sorry I've started another thread on the same issue, can you post your reply in there please? Well the default is quite complicated. I had a period of employment last year, missing 7 paymets. The iva company agreed to make a payment break and increase repayments for the rest of the term. I then was ...
by jv~
Fri Jun 29, 2007 10:28 am
Forum: bankruptcy
Topic: forced into bankruptcy?
Replies: 12
Views: 2567

I wouldnt be able to handle the stigma of bankruptcy i suppose. I want to pay the money I owe but the monthly repayments in the iva were far too much, I was worse off then before when I was making minimum payments. I am also concerned it may affect my career prospects. The most worrying thing thing ...
by jv~
Thu Jun 28, 2007 5:31 pm
Forum: bankruptcy
Topic: forced into bankruptcy?
Replies: 12
Views: 2567

thanks. I really cannot go bankrupt though
by jv~
Thu Jun 28, 2007 4:11 pm
Forum: bankruptcy
Topic: forced into bankruptcy?
Replies: 12
Views: 2567

Thanks. I spoke with the IVA company. Very unhelpful, quite rude infact but they said that my creditors will be in touch and that it is unlikely they would petition for bankruptcy as they would not gain anything. I dont trust him though, will check the proposal when I get home - what should I look o...
by jv~
Thu Jun 28, 2007 1:52 pm
Forum: bankruptcy
Topic: forced into bankruptcy?
Replies: 12
Views: 2567

just been informed by my iva company that they have filed my termination with the court due to defaulting.

will i be forced into bankruptcy? do i have any alternatives?

i really dont want to go bankrupt.
by jv~
Thu Jun 28, 2007 12:35 pm
Forum: IVA postbag for june
Topic: dont know what to do
Replies: 2
Views: 3463

just been informed by my iva company that they are terminating my iva due to default. what happens now? i must avoid bankruptcy

thanks
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