My DMC told me we have a court hearing next week what does this entail? My IVA proposal has now gone to IP so what is this court hearing? Is this where my proposal is put to creditors or something else? Also had a debt collector knock on my door today!!! He was sent by a credit card provider who we have kept informed all the way - what powers do they have? Is this pure intimidation - we really don't need this harrassment -anyone else had them call?
Hi
The doorstep colletor has no powers at all, just tell them that you are proposing an IVA and to go away.
The court hearing seems strange, I think that they mean the creditors meeting.
Regards
It could be a creditor meeting, but you need to find out from your company whether this is correct or not. Even though it does go through the courts, it's not usually referred to as a hearing.
Don't worry about the debt collector - they have no powers at all and you don't even have to speak to them or pay them any money. It's not intimidation as they are entitled to send them round, it's just that it doesn't happen often. I wouldn't think you will see them again if you have explained things to them.
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
Concur with Andy, doorstep collectors have NO powers. Have turned a few away in the past. I even saw one hobbling away after he tried to wedge his foot in the door when i shut it!!!
I even read that even baliffs are liek vampires, unless invited in they can't cross the threshold!!!!
Similarites me thinks!!! (Wish I had Buffy though!!!)
Martyn
To err is human. To teach 16-21 year olds is just damn crazy!!!
IVA Started October 2009.
33 months down - 27 to go
It does go to court, but usually the meetings are referred to as creditor meetings - I think the court thing is just a rubber stamp once it has been approved.
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
Yes I think that must be what is meant as they said it was up to the creditors if they wanted to attend or not - they then said that the packs would be sent out to each of them????
If this is the case then I can't believe how quickly things have moved along!!
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
They are lodged with the court as it is a legally binding agreement on all sides.
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
