Posted: Mon Nov 24, 2008 8:59 am
The creditors meeting was supposed to have been last Thurs with Debt Free Direct. It was adjourned because Egg have 25% of the debt and are asking qustions like, why were we both not in the application (we were advised only to have my partner as his debt was the main issue);questioning my mileage to work/fuel allowance;questioning allowance for personal hygeine at £40, saying it should be £10 a month for haircuts/dental etc. I am told that Egg have now asked for the full 14 days adjournment to look at things in more detail.
Meanwhile it has left us in limbo, my partner is naturally very concerned about the outcome and if he is not granted an IVA what will happen then - bankruptcy is not an option. Are Egg known to be like this? When we spoke to Andy he did indicate that our proposal to pay 68% of the debt seemed a good one.
Meanwhile it has left us in limbo, my partner is naturally very concerned about the outcome and if he is not granted an IVA what will happen then - bankruptcy is not an option. Are Egg known to be like this? When we spoke to Andy he did indicate that our proposal to pay 68% of the debt seemed a good one.