www.iva.co.uk

All,

I was last on here sometime ago enquiring about what potentially I could do in order to pay of my debt.

I had been on a DMP for 2 years and my largest creditors (47% of debt) refused to accept the lower repayment I had been offering.

The good news is that I have signed my IVA proposal and my creditors meeting is scheduled to take place in 2 weeks or so time.

I am offering 49p in the pound which includes a remortgage in year 4 of the IVA.

Obviously I am concerned it might be rejected but I am pleased that I have made a positive decision to deal with these debts.

If I continued on my DMP it would take around 14 years to pay off this debt at my current payment.

thanks

sounds like a good offer...best of luck x

Angie xx


My IVA Story......http://bagpuss.blogs.iva.co.uk/2007/09/ ... iva-story/

Good luck with your offer. Try to take your mind off it now till the day.

hi there,

I think some creditors would rather that indivuals attempt a DMP first before going through an IVA. Your offer seems to be a good one so all the best with your creditors meeting.

Best Regards,
IVA Experts
http://www.iva-experts.co.uk/

Hi rstewa,

Great news that your creditors meeting has now been arranged. Please let us know how it goes.

All the best.

Kind regards,
Terry Balfour
IVA.com

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Hi
Hope all goes well with your creditors meeting,stay in touch let us know how you get on

Tracy