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Posted: Sat Oct 22, 2016 8:54 am
by Womble
My creditors meeting date is nov 4th. All my next payments are due to be paid before then. Should I lay them as normal?
Posted: Sat Oct 22, 2016 9:11 am
by Foggy
Most of us stopped payments once the IVA was being set up -- this allowed a modest "emergency fund" to be started. Some made token payments ( which are, in my opinion, a waste of time, effort and money). And s few carried on as normal ( again a bit of a waste if the IVA is accepted as expected).
Posted: Sun Oct 23, 2016 9:46 am
by luluj
Use this time to gather a small contingency fund as you will no doubt need it as your settle into life in an iva.
Posted: Sun Oct 23, 2016 10:37 pm
by Intoodeep
Good luck, I remember how worrying this time is, but you will be fine. Look forward to getting your life back. You will get a lot of support on here.
Posted: Tue Oct 25, 2016 7:51 pm
by watzki
Good luck womble I stopped paying my creditors they hounded me but I told them I was entering an iva,most just said ok and never heard from them again and if I did hear from them I referred them to my iva company as instructed
Posted: Wed Oct 26, 2016 6:58 am
by footiemad
I would not pay any more to creditors. Save the money and put aside for emergencies.