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Posted: Wed Sep 07, 2011 7:32 pm
by gilesp
Been reading this site ever since my business had to close and have found the topics very helpful

Today I thought I would register and say a public thank you to Michael Peoples and the team at McCambridge Duffy for sorting out my business debts of nearly £ 200k and getting an IVA approved for 6p in the £.

Posted: Wed Sep 07, 2011 7:49 pm
by Roma
Great news!!! :)

Posted: Wed Sep 07, 2011 8:06 pm
by Struzzo39
fantastic news. hope it goes well for you

Posted: Wed Sep 07, 2011 8:19 pm
by Shining
Fantastic news for yourself, I hope the IVA goes really smoothly for you.

Well done to Michael Peoples in respect of your IVA too. Do keep posting as your journey will help others for definite. x

Posted: Wed Sep 07, 2011 9:59 pm
by clee123
Fab news, really pleased for you - now crack open a bottle of cheap wine - and relax a bit!

Posted: Wed Sep 07, 2011 10:04 pm
by Rosepetal
hi, what a huge weight off you,very well done to you& Michael's team.

hope you sleep like a baby, x

Posted: Wed Sep 07, 2011 10:36 pm
by kallis3
Congratulations from me as well and a brilliant result for Michael and his team.

Posted: Wed Sep 07, 2011 11:12 pm
by nepensioner
Soooo pleased for you, its a great relief isn't it?

Posted: Thu Sep 08, 2011 8:29 am
by footiemad
Sounds like a great result - well done x

Posted: Thu Sep 08, 2011 7:47 pm
by gilesp
Relief is not the word, too much of an under statement.

When I first contacted Michael I could not believe that I had an alternative to bankruptcy. I am astounded that McCambridge Duffy pulled it off.

The big irony is that I am no worse off now than any time during the last 24 months because I was paying myself only what I needed to fund essentials. Hopefully this experience will stand me in good stead?

Posted: Thu Sep 08, 2011 7:50 pm
by plasticdaft
Gilesp can I ask why you didnt go for BR?

Paul

Posted: Thu Sep 08, 2011 7:51 pm
by kallis3
It should do. You just have to learn to live within a budget - start using own brands or value stuff.

Your creditors won't be contacting you anymore and if they do then you can tell them to get lost now!

Posted: Thu Sep 08, 2011 7:58 pm
by MrsKnight
Congratulations Giles & lots of luck on your Iva journey :)

Posted: Thu Sep 08, 2011 8:03 pm
by gilesp
Plastic daft, two reasons really.

Firstly I did want to return something to my creditors as many gave me a lot of support when my business started to decline. The main factor though was to protect my property.

Posted: Thu Sep 08, 2011 8:22 pm
by kallis3
Good for you!