Hi. Our IVA proposal meeting has been called for 8th July. This was called on 22nd June. I am concerned by two things:
1) This doesn't seem to allow the 6 weeks notice to our creditors
2) Our IP has proposed a payback of 29p in the pound. Our highest credit amounts are with the Halifax and I have read they accept a minimum of 40p in the pound.
Good luck for the 8th. I don't think there is a specified period of notice for a meeting. Some IVAs have been within a week or two in the past.
As far as I am aware Halifax don't have a minimum figure. HSBC have been known to ask for 40p minimum but that's the only one I know of.
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
One of the professionals will advise further but I am sure you will be ok.
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
