Creditors likely to reject

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stu1970

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Post by stu1970 » Wed Oct 19, 2016 5:33 am
What are the main creditors that are likely to reject or accept an IVA or is there no difference in them ?
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TSB
RBS
Capital one
MBNA
Nationwide
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watzki

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Post by watzki » Wed Oct 19, 2016 7:06 am
As answered before you should be okay as long as the minimum dividend will be met
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Foggy

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Post by Foggy » Wed Oct 19, 2016 8:01 am
Much will depend on the direction of the wind on the day ! To be blunt, you cannot second guess the votes. There are a few that are notoriously difficult, but you have none of those.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Michael Peoples

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Post by Michael Peoples » Wed Oct 19, 2016 8:57 am
If you have substantial equity in your property you do have creditors there who usually reject. If there is little or no equity or you rent there should be little problem at all.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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