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Posted: Wed Mar 17, 2010 4:32 pm
by MARK1882
Hello everyone. Documentation now all submitted & complete. Our
creditors meeting for our linked IVA is on the 26th March. Had no
issues with creditors up to this point. Our IP company has been excellent so far. The big issue is the waiting. Our meetings are at 12.15 & 12.30 & apparently we just need to be available by telephone at this time. Very nervous about the outcome & wish it was next Friday tomorrow.
Posted: Wed Mar 17, 2010 4:34 pm
by plasticdaft
The time will hopefully pass quickly and quietly(no creditors calls).
Good luck with your proposal.
Paul
Posted: Wed Mar 17, 2010 4:45 pm
by Tina Shortland
Best of luck with your Creditors Meeting Mark - let us all know how you get on!
Regards,
Posted: Wed Mar 17, 2010 4:47 pm
by chris2202
Good luck from me Mark.
Posted: Wed Mar 17, 2010 4:53 pm
by rayb
Best of luck from me to [:)]
Posted: Wed Mar 17, 2010 4:58 pm
by Declan at DebtFreeDirect
Hi Mark
The very best of luck from me as well.
Thanks
Posted: Wed Mar 17, 2010 4:58 pm
by MARK1882
Thanks everyone for your support. I will post the outcome next Friday. My IP is quietly confident but obviously they cannot commit themselves to anything. I am worried to due to the level p in the £ but the equity clause puts it up a bit in the final year. Hears hoping for the best. Thanks again. Mark
Posted: Wed Mar 17, 2010 6:13 pm
by Julie
Hi Mark..just remember your IP only proposes an IVA that they believe will succeed. You've done all you can now and I look forward to reading positive news [:)]
Good luck xx
Posted: Wed Mar 17, 2010 6:40 pm
by Shining
Good luck Mark and as Julie says so long as the best offer is on the table, you've done all you can so sit back and relax and I'll look out for your positive post.
Posted: Wed Mar 17, 2010 6:42 pm
by debtfree-wannabee
Good Luck - fingers crossed for you x
Posted: Thu Mar 18, 2010 12:08 pm
by MARK1882
Thanks for all your kind words of help & support. All we can do now is wait, I'm afraid. If it fails it looks like being bankruptcy for us. We have been in a DMP now for over four years & the balances are virtually the same now as when we started.
Posted: Thu Mar 18, 2010 12:52 pm
by plasticdaft
MARK1882 wrote:
Thanks for all your kind words of help & support. All we can do now is wait, I'm afraid. If it fails it looks like being bankruptcy for us. We have been in a DMP now for over four years & the balances are virtually the same now as when we started.
Another case of a pointless DMP. Had you started an IVA back when you started the DMP you would be on the home straight now.
Fingers crossed the IVA gets the thumbs up and you get back on track with your money.
Paul[8D]
Posted: Thu Mar 25, 2010 9:47 pm
by MARK1882
Well the waiting is almost over. Can't see either of us getting much sleep tonight. Meetings at 12.15 & 12.30 tomorrow. Here's hoping for the best. Thanks again. Mark
Posted: Thu Mar 25, 2010 9:49 pm
by Julie
Nearly there Mark....fingers crossed for good news tomorrow xx
Posted: Thu Mar 25, 2010 10:04 pm
by Skippy
Good luck from me as well x