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Posted: Mon Aug 11, 2008 3:29 pm
by plasticdaft
any news yet,I am running out of fingernails???
Posted: Mon Aug 11, 2008 4:40 pm
by kallis3
I'll bump this back up in case Meash is looking in.
Down to the knuckles yet plastic?[:D]
Posted: Mon Aug 11, 2008 5:30 pm
by Meash
Yes just posted. NR have rejected so it fails as they are the biggest creditor. I am in bits to say the least
Posted: Mon Aug 11, 2008 5:35 pm
by Viki.W
Oh no, I'm so sorry. What are you going to do?
Posted: Mon Aug 11, 2008 5:38 pm
by Meash
No idea yet. NR haven't given a reason so my IP is trying to find out to try and counter it. Everyone else accepted. Then I guess BR is the only route left open to me?
Posted: Mon Aug 11, 2008 5:41 pm
by Viki.W
Meash, how much equity is in your house? Do you have anyone who can buy out the benificial interest?
Posted: Mon Aug 11, 2008 5:45 pm
by Meash
Very little equity, prob only about 10K and I owe 90!!!
Posted: Mon Aug 11, 2008 5:49 pm
by Viki.W
If you go BR then you can keep your house if you can get a family member or friend to buy out the equity. Is that a possibility? If it is then BR won't be so bad for you. Do you have any other assets that maybe at risk? Is your job going to be at risk? If "no" to both of them then there may be a way forward for you.
Posted: Mon Aug 11, 2008 6:07 pm
by Meash
I don't know at present. We have no other assets of worth but don't know if my job will be affected. I am a sales manager and need to have a company credit card......not sure if this is allowed or not. If not then I may lose my job as i cannot funtion without it.
Posted: Mon Aug 11, 2008 6:11 pm
by Viki.W
A company credit card is ok as the company are the one that pay for it so I wouldn't worry about that. Have a read of your employment terms and conditions and maybe call HR dept anonymously to ask but I can't see that your job would be affected. Please hang in there for an expert to help you Meash, your IP will also help I'm sure. X
Posted: Mon Aug 11, 2008 6:15 pm
by Abby
meash
i am so sorry your iva was rejected, we have northern rock as one of our creditors so its a real worry. could you not try a dmp before looking at br [:(]x
Posted: Mon Aug 11, 2008 6:15 pm
by plasticdaft
Ack no Meash. Thats not so good. Dont give up just yet,NR may just be trying to play hardball and looking to get you to up your payments,or increase the length of the iva.
What company did you use??
Posted: Mon Aug 11, 2008 6:28 pm
by Meash
Varden Nuttall. Anyone hear of them?
Posted: Mon Aug 11, 2008 6:38 pm
by plasticdaft
Not heard of them,but that doesnt mean anything. Did you speak to more than 1 company??
Posted: Mon Aug 11, 2008 6:57 pm
by Meash
Unfortunately I found this forum too late to follow that brilliant bit of advise. I literally snapped off the hand of the first person I thought could help me. Hindsight what a wonderful thing that is. I would have loved to have Melanie's advise.