www.iva.co.uk

My creditors meeting was 12.30pm. My husbands meeting was 12.45pm
Clearstart telephoned at 12.48pm to say that both IVA's have been approved.
The proposal was for £500 per month between the 2 IVAs which after the IP fees gave the creditors 23p in the £.

Both IVA's been approved with only a few slight standard modifications, the main ones being an increase in payment of £60.00 per month (which I was expecting and are ok with) and the IP fees have been capped. So the total IP fees for the 2 ivas are now £9442 including vat.
This now gave the creditors 40p in the £ on my husbands and 30p in the £ on mine.

VERY VERY VERY PLEASED !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

These are the results as far as I am aware, but my mind was a blank, all I remember hearing is approved !!

My creditors

Barclaycard - Did not vote
Creation Finance - Did not vote
Egg Loan - voted yes with mods
Egg Credit Card - voted yes with mods
Fashionworld - did not vote
GE Money - did not vote
Grattan - did not vote
Halifax Credit Card - voted yes with mods
Kays - did not vote
Littlewoods - did not vote
M&S Credit Card - voted yes with mods
M&S loan - voted yes with mods
Next store card - did not vote
Next store card - did not vote
Virgin (Max Recovery) - voted yes
Halifax OD - joint - voted yes
Paragon loan - joint - did not vote

My husbands

HBOS credit card - voted yes with mods
Nationwide Credit Card - did not vote
Halifax - joint OD - voted yes with mods
Paragon loan - joint - did not vote

Once I have received my chairmans report I will post more details if there are any.
I would like to say a BIG BIG thank you to all on this forum for all your help and advise over the last couple of months. It is a site to be proud of !!
And there is a wealth of knowledge here. THANK YOU.

Excellent news, im really happy for you. Good luck now in your debt free future xxxx

mrs skint

Wow thats FANTASTIC news. Have a great New Year and new start. Clearstart where fantastic with me. I did post a review on iva.com regarding their service. I have read your posts with interest and my heart has gone out to you. Thank goodness for this wonderful forum and the experts on here giving us their advice.

[:D][:D][:D] so pleased for you. Now you both relax a little and enjoy the New year. Really am pleased for you.

Angx

Please visit my blog at http://aguise.blogs.iva.co.uk/

Well done Caraf, I'm really pleased for both of you x

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

[:)] well done.Such a relief .Cat1

Hi caraf

I am SOOOOO pleased for you and your husband, so glad you got the result we were all hoping for. [:D][:D]

You have been so worried and stressed out about each and every detail of your iva preparation and creditors meeting and you can now take a deep breath and relaxxxx[:D]

You are on your way o being debt free and a brighter future for all your family[;)]

Couldn't be more pleased for you...
Emma x

Hi
That's great news,well done.
It's about time clearstart put in realistic fees rather than waiting for a modification
Regards

Andy Davie
IVA.co.uk Spokesperson and Website Manager

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp

What a wonderful belated Xmas present, have a great New Year [:D][:D][:D][:D]

Congratulations.

Aucto Splendore Resurgo.
(8 down, 52 to go)

I don't see how Clearstart can end up with fees of even £9,442 based upon creditors current expectations. You have a heavy Grant Thornton and TIX vote, both of whom insist upon supervisory fees of 15% of realisations. If fees at such high a level have been accepted, I am quite obviously doing something wrong!!! I suspect that two separate nominee fees have been charged here - am I right?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp

Congratulations!!! [:)]

Debbie

www.familyceremonies.co.uk

www.soulgrowth.co.uk

Congratulations Caraf,

I have been thinking about you all day, only just been able to get to PC with internet as up in Cheshire with family. i am really pleased for you.

janot

Hi Caraf, I knew I'd be logging on to offer my congrats this evening.... Well done, and best wishes for a debt free future...

Martin

brilliant news caraf so pleased for you what a way to start the new year.
kerri

Please view my blog at: http://scaredkez.blogs.iva.co.uk/