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
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
Not sure what you are asking - if your IVA company is pointing you down the secure loan route rather than equity release then it is likely they will help.
If you are saying can you apply to them directly to get you out of an IVA the answer is I do not know.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
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
Hi Lisa Thomas. Thank you for joining my thread. I have got unsecured loan with shawbrook for solar panels and it is #163;10000. My IP had no experience with them that why I'm worrying about.
Hi - I see. Please try not to stress. The difficulty is, even if your IP did have experience with them, s/he still couldn't give you a guarantee whether and how they would vote. At the end of the day your Nominee would not be recommended the IVA proposal to creditors if they did not think it should be seriously considered.
Are they the biggest creditor? (over 75% in value of your total debts?)
They are just under 25% which as far as I know is good. The other thing is that I've got overseas creditor which is another 20%. Its bnp paribas and IP had no experience with them as well.
Yes - some take an interest, some don't. Some don't understand it because of the language barrier and unknown processes compared to their own insolvency laws.
