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Posted: Mon Oct 29, 2007 11:47 pm
by PJP
Hi
Firstly i would like to say what a great site very informative.
We are 1 year into our IVA with no missed payments.we have breached the T&C by the way of extra credit (stupid i know). we are now worried how the creitors will look at this come the time of the review meeting.
Posted: Mon Oct 29, 2007 11:54 pm
by bagpuss
Hiya
Do you mind me asking what extra credit you had...?
I cant answer your question im afraid but i am sure someone with more knowledge will be on soon for you.
Angie xx
My IVA Story......
http://bagpuss.blogs.iva.co.uk/2007/09/ ... iva-story/
Posted: Mon Oct 29, 2007 11:55 pm
by gavin
Hi welcome to the forum. I am not an expert
can Please post more details then an expert will be able to help.
Empty pockets never held anyone back. Only empty heads and empty hearts can do that.
Posted: Tue Oct 30, 2007 12:03 am
by MelanieGiles
Who did you take the credit from, how much was borrowed and why was it taken out? This does not mean automatic failure of your IVA, but you will need to show very good reasons for your actions.
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 Oct 30, 2007 5:20 pm
by iva experts
Hi PJP,
I would contact your I.P as soon as possible to discuss what your options are. Your I.P may be able to hold a variation meeting to include this creditor into the IVA.
Best Regards,
IVA Experts
http://www.iva-experts.co.uk/