www.iva.co.uk

My circumstances have changed dramatically recently and having spoken with my IVA company, who have been very helpful, I am waiting for a date for a meeting to see if creditors will accept my payments to date and close my IVA. Without going into lots of detail about my situation, could anybody give me a rough idea about how long I may have to wait until credtors meet? My report has been drafted and I know they need 28 days notice. I don't want to bother my IP anymore as I know things are in hand, but I just wondered if there was a rough average of how long the process may take. I first contacted them at the beginning of October. Thank you.

Hi, I'm sorry that I can't answer this specifically but your IP may be able to and I don't think you'll be bothering them if you ask them as they will have the answer.

Drop them an email if you don't want to ring maybe?

All the best and good luck x

I am like Lesley not able to give a definitive answer but I am sure your IP will not mind being asked the question - they are aware of your circumstances and will work with you I am sure to resolve this as soon as they can.

Let us know how you get on.

I would say that three months is probably realistic. In my firm we try and turn things around as quickly as possible, but sometime delays are inevitable as we have to deal with emergencies. Being an IP is a bit like working in A&E sometimes!

Thank you. I can't move on until I know what's going to happen with creditors but I appreciate things take time. Thank you all for responding and I will let you know how I get on.

Lou, try not to forget, YOU are the IPs client and thus they get a fee for representing YOU. They definately wouldn't mind if you gave them a tug.