Posted: Thu Jun 24, 2010 3:43 pm
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.
Should we be worried? Thanks for your help!
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.
Should we be worried? Thanks for your help!