hi - i've been coming on this website for a few weeks now and found everyone very friendly and helpful.i'm ready to go mad now . . i'm currently in the process of an IVA and have my creditors meeting tomorrow 10am. i've got myself in a right mess and wish credit cards and loans never existed. most of my debt is with HSBC and have been worried sick as my dividend is 33p to the £ and suprisingly enough my IP told me today HSBC have accepted even tho i've read alot abot the 40p hurdle rate. I am counting on GE to either vote in favour tomorrow am or note vote at all as it makes all the difference in whether my IVA gets accepted or not - any advice on what their acceptance rate is like? so stressed i cant sleep . . . .
hi good luck for tommorow your ip must be confident of the proposal try and get some sleep i hope the phone call you get in the morning is the iva has been accepted every case is different i have read of lower ones being accepted from them on here before
good luck[:)]
33p is a good dividend and they have a chance of getting it up higher nearer 40p if you get any extra income that needs added to the iva
Last edited by lost on Tue Jan 20, 2009 10:59 pm, edited 1 time in total.
hi we are all in the same boat your amoung friends here keep posting i have been in an iva 31 months but i have now asked for them to accept a smaller f+f settlement or i am heading the BR route i was also scared what people would think but it is so tiny in the paper our names i hope everyone misses it but to be quite honest i dont care anymore
I would be interested to know which firm are representing you, and also who has rejected the IVA if you need another vote to sway over the 75% majority. But most of all best of luck for tomorrow.
Good luck for this morning. I've got my fingers crossed for you.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
