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
My started my IVA application on 26 March and was accepted on 11 May 2009 a total of 46 days. If you take away weekends, then it was just 32 working days.
indeep wrote:
Hi,
What is the average timescale to have an IVA in place?
Thanks
It also depends on how quickly all necessary information is provided to your chosen IP. ClearDebt has a fabulous reputation of getting proposals turn round very quickly - mickyboy is the testament to that.
Last edited by David Mond on Wed May 20, 2009 6:16 am, edited 1 time in total.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
i also think alot depends on how quickly you provide details when requested. I was already aware of the documents that i need to return after my initial telephone call to Cleardebt. Whilst waiting for the documents to arrive from them, i had got my paperwork ready, so it was a case of checking and signing the forms and returning them the day i recieved them. Most companies can only go as fast as you go in the proposal stage.
I would agree with Indeep on this. I started the process on the 13th of January, I provided all information required by return of post and my creditors meeting is today. The only thing that has held up the process for me is not going straight to a company with an IP. If you are just starting this process, then please read the advice on these pages, unfortunatly I got here too late to take this very good advice.
Best of luck for today! We will all be keeping everything crossed for you
Let us know when you hear - how things have gone!
Try not to stress. I don't know who your IP is - but am sure they are taking good care of you!
Have a good day, and may the force be with you!
Poppyfairy [:)]
There's an old zen saying 'Only an empty bowl can be filled'. It means that the moment you think you have nothing left is the moment when growth and progress become inevitable. Everytime you see an empty bowl, think of the potential.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
