Page 1 of 1

Posted: Sun Aug 10, 2008 9:16 pm
by indebtforever
the anticipated level of claims is 3k higher than previously invisaged what does this mean i will have to pay more and why are they asking for more i thought it was in stone when agreed at meeting[:I]????

Posted: Sun Aug 10, 2008 10:14 pm
by MelanieGiles
In what context has this statement been made?

Posted: Sun Aug 10, 2008 10:18 pm
by indebtforever
hi melanie it is on a page from my review showing non preferential claims then it says the level of claims is higher

Posted: Sun Aug 10, 2008 10:30 pm
by MelanieGiles
Creditor claims have obviously come in higher than you declared on your statement of affairs. Did the IP do any work to verify these balances before your IVA was finalised? Don't worry, it is very unlikely that you will need to make additional payments, unless the creditors demanded a guaranteed dividend.

Posted: Sun Aug 10, 2008 10:33 pm
by indebtforever
thx for quick reply melanie at the time i told them all what was owed just seems a bit strange i have received many letters that the debts have been sold on could they be asking for more?

Posted: Sun Aug 10, 2008 10:37 pm
by MelanieGiles
Creditors will merely be claiming what they were owed at the date of your creditors meeting. It is unlikely that the balances will have increased as a result of the sale of the debts.