Payments due before creditors meeting

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Womble

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Post by Womble » Sat Oct 22, 2016 8:54 am
My creditors meeting date is nov 4th. All my next payments are due to be paid before then. Should I lay them as normal?
Womble
 
 

Foggy

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Post by Foggy » Sat Oct 22, 2016 9:11 am
Most of us stopped payments once the IVA was being set up -- this allowed a modest "emergency fund" to be started. Some made token payments ( which are, in my opinion, a waste of time, effort and money). And s few carried on as normal ( again a bit of a waste if the IVA is accepted as expected).
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

luluj

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Post by luluj » Sun Oct 23, 2016 9:46 am
Use this time to gather a small contingency fund as you will no doubt need it as your settle into life in an iva.
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
 
 

Intoodeep

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Post by Intoodeep » Sun Oct 23, 2016 10:37 pm
Good luck, I remember how worrying this time is, but you will be fine. Look forward to getting your life back. You will get a lot of support on here.
 
 

watzki

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Post by watzki » Tue Oct 25, 2016 7:51 pm
Good luck womble I stopped paying my creditors they hounded me but I told them I was entering an iva,most just said ok and never heard from them again and if I did hear from them I referred them to my iva company as instructed
Today 1st of December 2016 the vultures finally flew away
 
 

footiemad

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Post by footiemad » Wed Oct 26, 2016 6:58 am
I would not pay any more to creditors. Save the money and put aside for emergencies.
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