The meeting might have to be adjourned for up to 14 days, otherwise TiX could seek to have an IVA voided if they have been prevented from obtaining all the information they require. Thanks for the advice Foggy is this something you hear of often. I have only heard of a few creditors using this argu...

Foggy wrote:

The meeting might have to be adjourned for up to 14 days, otherwise TiX could seek to have an IVA voided if they have been prevented from obtaining all the information they require.

Thanks for the advice Foggy is this something you hear of often.

kallis3 wrote:

Who gave them the wrong dob? Speak to your IP ASAP on Monday..

I have been told that the IP has given them my wrong DOB, im hoping this can be resolved quickly as the waiting is so stressful.

I have my creditors meeting on Monday 4th June and I have just found out it might be delayed as TIX cant vote as they have my wrong DOB.

I have just noticed that MBNA have cancelled my direct debit, I just logged onto bank to cancel it myself and just make a token payment but its already cancelled. My creditors meeting is 6th June not sure if this is a good or bad sign.

Lisa Thomas wrote:

It is very unusual - normally creditors will liaise direct withe the Nominee.

thats exactly what I was thinking I feel depressed enough without them emailing me and saying no and I had let them down.

Lisa Thomas wrote:

Have they explained why?

How much % of total debt do they have?

What does your Nominee say about it - can they convince them to change their minds?

I sent them the email and they told me not to worry and hopefully everyone else votes yes.

That's a bit harsh! I never had anyone of my creditors tell me their voting preference. Thats exactly what I was thinking telling me I had let the credit union down etc, I had fully explained to them that we serious personal events leading up to no being be able to pay and why we were seeking help ...

kallis3 wrote:

Fingers crossed everyone else votes yes.

Thank you

Foggy wrote:

Do they hold more than 25% of your debt ?

No I think its 24% so very close.

Amazing news so plesed for you.

Good luck tomorrow

Email just received from Credit union telling me they will be voting no for my IVA, meeting is not until 4th June. I feel so sad tonight

Foggy wrote:

I have only heard of a credit union as a creditor once -- I believe they voted against --- but, of course, each union is different.

Thanks Foggy I have been trying to find out but there doesn't seem to be much said about credit union loans good or bad.

Hi looking for some advice I recently took out a Credit Union loan and trying to see what they are like for Iva? Any help would be appreciated