they did not bother to reply/vote on my proposal

5 posts Page 1 of 1
 
 

cap

User avatar
Posts: 6
Joined: Mon Feb 04, 2008 11:34 am
Location:

Post by cap » Tue Jul 29, 2008 2:01 am
i HAVE HAD AN IVA FOR JUST OVER A YEAR - I WAS ASKED BY MY ADMINISTRATOR TO PRODUCE NEW REVENUE /COST FIGURES.
I was very honest and offered to pay 10%more - they did not reply but have now been told I have to pay the extra 10%.
As they did not bother to reply/vote on my proposal - I feel why shouyld I pay them more? - Is there a legal point here ?
 
 

Viki.W

User avatar
Posts: 5647
Joined: Fri Feb 15, 2008 7:34 pm
Location: United Kingdom

Post by Viki.W » Tue Jul 29, 2008 2:45 am
Hey cap, please hang in there and an expert will be along to answer that for you. X
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
 
 

kallis3

User avatar
Forum Expert
Posts: 77167
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Tue Jul 29, 2008 6:43 am
I'm not absolutely sure, but I would think that as you offered to pay 10% extra, and can obviously afford to do so, that this reply now constitutes the result of your yearly review.

One of the experts will be along soon.
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
 
 

plasticdaft

User avatar
Forum Expert
Posts: 9562
Joined: Wed May 21, 2008 12:45 pm
Location: United Kingdom

Post by plasticdaft » Tue Jul 29, 2008 6:53 am
Remember the Ip must be fair to both you and the creditors and if you offered 10% more then you will have to pay it.
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
 
 

pixie

User avatar
Posts: 741
Joined: Tue May 22, 2007 11:51 pm
Location: United Kingdom

Post by pixie » Tue Jul 29, 2008 7:08 am
Hi Cap, if your income/expenses have changed so that you are able to pay more then your IP has a duty to increase payments. If your expenses have since changed then you can ask for another review.
Pixie
'Welcome to where ever you are, this is your life you've made it this far, welcome, you've got to believe right here right now is exactly where you're meant to be'
IVA started may 07 ended dec 08
5 posts Page 1 of 1
Return to “postings for july”