We had NR is our list and they voted yes - they also had largest of our debts so they do agree to IVA's when the proposals are fair.
However they did ask for extra year so ours is for 6 years and this also seems quite common on here when NR are involved.
Sure an expert will be along soon though to give you a professional answer - good luck [:)]
"Hope is the feeling you have that the feeling you have isn't permanent." - Jean Kerr
IVA approved Aug 2008 - 6 year term - last payment made 6 Oct 2014. CC received 14 Nov 2014.
Each proposal is different, but NR do seem to be accepting some and increasing the term by 12 months.
I'll bump this back up for a technical expert.
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
Not at all - but they are a very commercial creditor and look closely at all IVA proposals put before them. They do have some set criteria which IPs ought to be aware of, so do ask your IP how many proposals they have got accepted by Northern Rock recently which may give you some indication of how yours may fare.
