entered or going into IVA since feb '08?

[David Mond]

Can any poster who is about to go into an IVA or anyone who has entered into an IVA since 1st February 2008 and is aware of how the voting went advise me of same please. I am collating this information to establish who votes against proposals (assuming that the appropriate advice is for an IVA) so that I can take this information back to the Joint Standing Committee (I represent the Debt Resolution Forum (DRF) on such committee and I can establish any pattern of reasons for refusal. Any help would be most appreciated

[kallis3]

Hi David, mine and hubbies IVA's were approved on 21st April '08.

Creditors were as follows:

Barclays Bank (Barclaycard) £6,392
GE Capital Finance (Store Cards x2) £1,790 and £2,227
HBOS (Personal Loan - joint) £20,854
HSBC cards £8,482
Lloyds TSB (credit card) £2,666
HSBC (personal loan - joint, overdraft)£15,290,
Lombard Cards (RBS) £10,780
RBS (Direct Line Loans) £16,799

Lloyds TSB voted no (with modifications), RBS voted yes for both. HBOS voted yes.

The others didn't vote. Don't know what the modifications were for Lloyds TSB.

Hope this helps

[tori]

My iva was approved in july.creditors who voted yes were:
American express
mbna
capital one
ge money
natwest
argos card services

Creditors who voted no were:
marbles(hfc bank)

Creditors who didn't vote were:
additions
barclaycard
goldfish
morgan stanley.
Hope this is of some help.Tori[:)]

[Abi]

Posted - 01 October 2008 : 14:30:30
Hi David ours is as follows :-
Mine first
Sky Card CC now B/Card £7369.84 Rejected
B/Card CC (Max rec) £3788.74 Yes
Egg CC(G Thornton) £297705 Yes
Lombard CC (insol Exchange £2971.61 Yes
Sainsbury CC (HBOS) £1584.92 Yes
Tesco (Joint Loan)RBS £19,666.71 Yes
Total £38,358.87 £33p in £ after Fees £385 per mth
Hubbys .............................................................
Nothern Rock Loan (Evershds) £17,603.79 Rejected
Egg CC (GT) £10,598.65 Yes
Goldfish CC (GT) £4099.55 Yes
HFC Loan £11.508.43 Yes
Tesco Loan Joint £19.666.71 Yes
B/Card CC(eversheds) £2010.16 Yes
MBNA CC(Max Recovery) £10.777.16 Yes
Mint CC £4341.31 Yes
78.16% approved 21.84 against. Cap1,city& Halifax CC did not vote £16,341.00
Total £96,939.76 £26p in £ after fees £605 per Mth
Combined Total of £111,631,92.. payment per month of £990.
Hope this is of some use. It still terrifies me when I see those figures. (and like all of you not a lot to show for it. But I can't tell you the relief of having a new start in life.
NO MORE CREDIT FOR US........... Love From a much happier Abi & Hubbyxx

[fuzzy_dunlop]

link financial .D.C.A. voted no at my creditors meeting and to quote the chairman "link are horrible and nearly always vote no without reason"

[MelanieGiles]

Link are not "horrible". They just have very high minimum dividend criteria of 50p in the £, which is quite interesting seeing as they are probably buying in the debts for significantly lower amounts.

[Shining]

Hubby: HSBC 100% yes, Loan, O/D and C/C total debt 23,074.79

Myself: Barclaycard - yes, Capital One - No, HSBC Credit Card, Overdraft, Loan, Joint Loan - All yes, total debt 28,228.50.

All said yes apart from Capital One for myself.

[c.j]

halifax-£11,000 - yes
Littlewood-£380-yes
RBS credit card-£4,380-yes
RBs credit card-£2,000-yes

didnt vote
tesco loan{rbs} £24,000
RBS overdraft RBS £3,000

Moderations
nominee fee the first 5 monthly payments
supervisor fee equivelant to 15% of all further realisationdrawn proportionately as funds are received (?}

the proposal was 29p/£1
after mods it was then 32p/£1

£21,000 will be paid to the iva on debts of around £45,000

[angela18]

Hi David.. haven't got my report handy (hubby filed it safely away.. God knows where) but I did put a list on the forum under who voted.. if you can find it!

[facingittogether]

hi - our iva was accepted on 28th april and heres how the voting went!

hubbys

american express balance ||£ 6269.50 - voted no
capital one balance £2886.80 - voted no
max recovery balance £2567.16 - voted yes
halifax cc balance £4087.30 - voted yes
max recovery balance £5786.45 - voted yes
northern rock personal loan balance £22541.13 voted yes
northern rock personal loan balance £28372.73 voted yes

mine

american expres balance £2407.93 voted no
halifax bank of scotland cc balance £9542.87 voted yes
citi financial cc balance £420.75 voted no
capital one cc balance £1371.28 voted no
empire stores catalogue balance £456.92 voted yes
royal bank of scotland loan balance £14821.60 voted yes

joint

halifax o/d £950.00 voted yes

barclaycard approx balance £2500 did not vote

gosh those figures still scare me! hope thi helps!

barb x

[susey]

hi my iva was excepted on 8th of september 2008
and heres how the voting went
asda card £222 voted yes
barclay card £1086 voted yes
benefical visa £5488 did not vote
capital one £856 voted yes
dorothy perkins £31 voted yes
egg £1600 voted yes
lloyds tsb platnium £3595 did not vote
lloyds tsb advance £1271 did not vote
lloyds loan £132 dud not vote
lloyds overdraft £500 did not vote
marbels 33032 voted yes

[David Mond]

Hey thanks you guys very useful - keep the information flowing.

[admin]

Please can people enter this information here:
http://www.iva.co.uk/creditor_voting_list.asp

This is especially to record voting patterns so that people can see how creditors voted. Ultimately if we get enough information we can provide some kind of guide on creditor voting patterns. This could be used by people to help them figure out if their IVA is likely to go through.

[jerryscot]

hi
My IVA was excepted on 3rd of October 2008,and here's how the voting went
Tesco card £677.44 voted yes
Barclay card £200.01 voted yes
Benefical visa £5488 did not vote
Northern rock personal loan balance £12,223
Max recovery balance £567 - voted yes
Halifax cc balance £4227 - voted ye
Capital one £812 voted yes
Ddorothy perkins £51 voted yes
Mint £1600 voted yes
Lloyds loan £132 did not vote
Lloyds overdraft £500 did not vote
Marbels 33032 voted yes

A lot more didn't vote.

Link removed - advertising not allowed.

[fuzzy_dunlop]

23rd oct 2008

KPMG LLP 11,271 yes

cap one 972 yes

grant thorn 11,121 yes

hbos O/D 2'634 yes

rbs 6,385 yes

grant thorn 9,019 yes

hbos c/c 10,751 yes

max recovery for goldfish 3.545 no

link financial 8,054 no


first credit 14,745 did not vote

max recovery for barclaycard 2,089 did not vote