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Posted: Tue Dec 18, 2007 8:22 pm
by puffa
After so months now and numerous threats from creditors to send the heavy boyz one creditor even saying 'dont blame us when the kick the door down' we are finally getting somewhere, My IP has informed me that my proposal is draw and on its way in the post,, I am able to offer 49p in £ does this seem a good offer on disposable income of £315 per month ?
Posted: Tue Dec 18, 2007 8:25 pm
by MelanieGiles
If it is the best offer you can make then I am sure it will be accepted.
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp
See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Posted: Tue Dec 18, 2007 9:48 pm
by ray_a
Good Luck Puffa!
Posted: Tue Dec 18, 2007 10:15 pm
by kieranandmegansmum
whats your level of debt
S WARD
Posted: Tue Dec 18, 2007 11:59 pm
by Martin2011
Good luck Puffa, I'm sure your IP wouldn't put it forward if they thought it wasn't a reasonable offer...
Let us know how it goes,
Martin
Posted: Wed Dec 19, 2007 8:02 am
by debbiw
Good Luck Puffa, You can now look forward to a debt free future. Like the others have said, if the proposal is your best offer, then it will be accepted
Posted: Wed Dec 19, 2007 9:20 am
by puffa
my total debt is £41k to 12 creditors .... Hope this helps u out S ward
Posted: Wed Dec 19, 2007 9:23 am
by debbiw
Hi Puffa, Who are your creditors? I offered 42p/£ with simular level of debt, and mine was accepted.
Posted: Wed Dec 19, 2007 10:05 am
by puffa
my creditors are MBNA, Barclaycard, Cap One, Littlewoods, Royal Bank Scotland (Tesco), Studio, Adams, Argos, Abbey Bank a/c, Abbey Loans, Abbey C/Card
Think MBNA And Abbey Credit card is owned by MBNA so may be my problem area ..
Posted: Wed Dec 19, 2007 10:24 am
by debbiw
Hi Puffa, I had alot of the same creditors, and mine was accepted on the 17th. MBNA normally (not always) sell their debts to a third party. They sold mine to eversheds who voted yes at my meeting. As long as its your best offer that you are putting forward, you should have no problem getting it approved. I had MBNA, Barclaycard, Cap One, Argos and they all voted yes.
Posted: Wed Dec 19, 2007 1:03 pm
by Oliver
If this is your best offer then I am sure your creditors will make a commercial decision on your IVA. All the creditors you mention have traditionally been open to IVA proposals.
The very best of luck to you.
Best Regards
Oliver
Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at:
www.thomascharles.com/about_us.asp
Posted: Wed Dec 19, 2007 8:54 pm
by frequentflyer
Puffa...my iva was accepted with mods on Monday,MBNA was a major creditor for me and I owed them around £27,000 and was expecting them to vote against even though I was offering 40p. To my surprise they sold the debt to Max Recovery a few days prior to the creditors meeting and they voted in favour. All bar one of my 25 creditors voted to accept.