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Posted: Sun May 04, 2008 10:02 pm
by goneskint
Hiya all.Ive just recently started the ive procedure,and my creditors meeting is on the 28th may,If possible,i would like any views on my chances,or if anyone has had dealings with the companys involved.As it stands here are my debts.
Abbey £8588 loan
Abbey £1150 overdraft
Northern rock £6242 loan
Creation financial £3646.25 store card
Egg £1340 credit card
Ge money( asda)£504 credit card
Capital one £212 credit card
The company im using had informed me that northern rock could be a problem,but reading the forum,a few people have had success.Thanks for any views or remarks,and wish me luck!!!
Posted: Sun May 04, 2008 10:05 pm
by kallis3
Hi goneskint and welcome to the forum.
I think it all depends on individual circumstances. The only one I have in common with you is GE money as I had two store cards with them, and they didn't vote - infact most of mine didn't but my IVA went through.
Good luck for the 28th, keep us posted.
Posted: Sun May 04, 2008 10:12 pm
by chris.g
Hiya, just want to welcome you to the forum,
good luck with your meeting,
xx
Posted: Sun May 04, 2008 10:48 pm
by Viki.W
Hey goneskint, welcome to the forum. I can't answer your question, sorry, but I'm sure an expert might be able to give their professional opinion for you, good luck for your meeting and please let us now how you get on. Viki
Posted: Mon May 05, 2008 12:02 am
by facingittogether
hi and welcome!
good luck for your creditors meeting!
at our creditors meeting we had 3 of your creditors
northern rock - they voted yes
capital one - they voted no
creation - they did not vote
our iva got accepted - remember your ip would not put your proposal forward if they did not think it had a good chance of going through!
try not to get too stressed the next couple of weeks - keep busy and it will soon be here!
good luck and let us know how you go on so we can celebrate with you!
love barb x
ps 28th is a good date - ours was accepted on 28th april!
Posted: Mon May 05, 2008 9:06 am
by Soulgrowth
Hi goneskint ... welcome to the Forum. Just wanted to wish you good luck for 28th May ... do you know what dividend your IVA will offer to your creditors?
Debbie
Posted: Mon May 05, 2008 9:07 am
by aguise
Hello from me too. All the best for the 28th. Make sure you let us know how you get on.
Ang
Posted: Mon May 05, 2008 11:55 am
by goneskint
Thanks for all the wishs and replys,nice to know im not alone in this.Thanks for debbie for reminding me about the dividend,which i should have put on the original post.The offer is 28.1p in the £,which from reading the posts on the forum seems ok.Any views on that? Thanks again for all the replys,and everyone enjoy their sunday
Posted: Mon May 05, 2008 1:19 pm
by Soulgrowth
Sounds reasonable goneskint [:)]
I can see that we are going to have another nail biting month on the Forum!
Debbie
Posted: Mon May 05, 2008 1:25 pm
by marsha1
Good luck with your meeting.
Posted: Mon May 05, 2008 1:45 pm
by goneskint
In fact everyone have a good bank holiday monday,not sunday!!! I always get confused when geeting up late on a bank holiday!!
Posted: Mon May 05, 2008 6:17 pm
by Soulgrowth
I get confused as to what day it is bank holiday or not!
Debbie
Posted: Mon May 05, 2008 6:26 pm
by may07
Im no expert by any means but from what Ive read of the posts here anyone with an IVA that has NR as a creditor has the IVA spread over a 6 year rather than a 5 year span. Having said that- I repeat-Im no expert and one will be along any moment to answer your query!
Very Best of Luck to you!
May
Posted: Mon May 05, 2008 6:41 pm
by Adam Davies
Hi Goneskint
NR have the deciding vote so all will depend on them
What IP are you using ?
Posted: Mon May 05, 2008 7:03 pm
by goneskint
hi andy davie,im using debt lifeboat.has anyone had any dealings with them?