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Posted: Mon Jan 07, 2008 2:18 pm
by roadrunners
hi all
Have not posted for a while but here goes.
Have just had creditors meeting. Both mine and my wifes IVA were accepted with modifications.
unfortunately we have to sell our touring caravan worth approx 6500 with 16500 finance remaining. absolutely gutted about this but at the same time pleased that the tiniest weeniest little pinprick of light at the end of a 3000000 mile tunnel. we just dont know whether to feel up or down at the moment.
By the way can anyone believe that our major creditor ( 71% of our debt ) did'nt even vote
we'll make it !!
Posted: Mon Jan 07, 2008 4:01 pm
by Adam Davies
Hi
That's amazing that a creditor holding that amount did not vote,who was it ?
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
Posted: Mon Jan 07, 2008 4:05 pm
by debbiw
Well done Roadrunners! Fantastic news! x All the best for your debt free future
Posted: Mon Jan 07, 2008 4:08 pm
by iva.com
Hi Roadrunners,
Congratulations on having your applications accepted. Can you tell us what the modificatons were? Were they just related to your caravan?
Kind regards,
Terry Balfour
IVA.co,
IVA.com - The IVA Comparison Site
100s of reviews, All IPs and IVA firms rated.
Use our IVA firm comparison tool to find best IVA firm for you:
http://www.iva.com/iva_comparison_1.asp
Posted: Mon Jan 07, 2008 4:16 pm
by cr15py
Congratulations! [:)]
Posted: Mon Jan 07, 2008 4:21 pm
by caraf
Brilliant news !! good luck for the future. Keep in touch.
Posted: Mon Jan 07, 2008 4:25 pm
by iva experts
Well Done Roadrunners, All the best for the future [:D]
Best Regards,
IVA Experts
http://www.iva-experts.co.uk/
Posted: Mon Jan 07, 2008 9:19 pm
by roadrunners
Hi, and thanks for all of your support. The creditor who did not vote was lloyds tsb, but we had a call from the IP this afternoon to say that they had actually voted, and in time also with no mention of the caravan, so we do get to keep it !!! The Lloyds vote had apparently been handed to the wrong person at IP. Does this happen often??
Our Modifications were apparently fairly standard in the end
1. any windfall or inheritance greater than £500 to be paid into IVA
2. Annual review to be carried out by IP
3. No credit to be obtained over £500
Once again thank you all
Roadrunners
[:D][:)]
ps we will keep in touch
we'll make it !!
Posted: Mon Jan 07, 2008 9:22 pm
by aguise
Thats great news congratulations to you both, and even better you keep your caravan.
Ang
Please visit my blog at
http://aguise.blogs.iva.co.uk/
Posted: Tue Jan 08, 2008 1:00 pm
by zarron
sounds like you avoided the 50% overtime payment clause which is a good thing!
Posted: Tue Jan 08, 2008 1:02 pm
by debbiw
Fantastic News Roadrunners, I'm so glad you can keep your caravan, Well done x
Posted: Tue Jan 08, 2008 1:13 pm
by Oliver
Excellent news and what a great suprise that you get to actually keep your caravan. All the best with everything in the future.
Best Regards
Oliver
Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at:
www.thomascharles.com/about_us.asp
Posted: Tue Jan 08, 2008 1:15 pm
by louisa.s
Congratulations and all the best!
Posted: Tue Jan 08, 2008 1:23 pm
by Beechy
Good luck for the future
Dave Beech
Posted: Tue Jan 08, 2008 4:09 pm
by rachellxx39
Glad to hear your iva accepted . Ours accepted on 7th jan . Feeling so relieved about it now . Good to keep in touch .