hi
any ideas how long it may take until the meeting/voting of the creditors is set up?
i've sent the signed proposal back to my IP almost a month ago and still nothing happened yet
Hi Joe - that's a bit strange, usually the delay is caused by the production/agreement of the proposals. As you have already approved this I would have expected the meeting to have been called as soon as they received the signed documents back from you and would have expected the meeting to have been held already and outcome known. Suggest you chase up your IP and find out what's causing the delay.
If in doubt you might want to consider using another IP!
thanks for your reply
i ve sent back the signed proposal on 3.5. with recorded delivery so it must been delivered by 5.5.
just minute ago I ve contacted my ip and his response was:
Out of the office until Wednesday.
Nothing to be worried about but I'll fully update you later in the week.
I m quite worried as I am 2 months behind with all the payments and creditors keep calling every day
Last edited by Joe.l on Mon May 23, 2016 3:49 pm, edited 1 time in total.
I agree - keep pressing them or chose a different firm. Your creditors will keep pressing you but you can chose to ignore the calls, tell them you are proposing an IVA or change your number.
Which company are you going with?
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
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
The meeting of creditors is on the 31st of this month at this office.
All creditors were properly notified on 13 May.
Ignore the phone calls and redirect them to this office.
There is no need for you to attend but make sure you are contactable.
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
thanks a lot
i owe 26 000 and offering 300 a month (43p for each pound owed)
hope the creditors gonna be reasonable
as i have nothing to lose really, if they refuse I'll go bankrupt which gonna give them 4p for each pound owed
it's their call just wonder what they gonna choose
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
guys any idea what happens next once the iva is finished? i know they probably ask for a year extension but even after that i still ain't gonna pay them all the debt obviously
what happens to the rest of the debt?