Feeling stupidly nervous.... have got my creditors meeting on Monday next week and the suspense is killing me. Debt is 40k with 30% dividend being paid back at £252 a month. How do I get through the next few days?!
I remember being there! Mine was £34k, paying about 39% (I think off hand as not at home with my papers) I was convinced it would fail but I am now 2yrs in! I even took the day of the meeting off work in case they phoned with modifications. There were none.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Thinking of you for tomorrow - plan a nice walk somewhere, clean the house from top to bottom today ..it will be a long 36hrs but hopefully by tomorrow night you will have been accepted and your life will change direction ....
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
Thank you everyone. Meeting is at 1 today and I’ve utterly convinced myself that it will be rejected. What are my options if it is? I have around 22k equity in my house so don’t think BR is an option. How long do companies let DMP’s run for normally?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Ok... all accepted... I think! There was a query over the child maintenance that my husband pays. I think they thought that I pay it because it was shown on the household budget. They may ask for a bank statement from him evidencing it but otherwise should all be sorted. First payment to be made on Friday. Think I can relax now . Thank you all for your reassurance
Well done and welcome to your journey to debt freedom ! You should have already done this a few times, but, when you get the chance, sit down with your proposal and read it a couple of times, so there are no surprises ahead. You do have to keep an eye on these things as, at the end of the day, it is YOUR arrangement, not theirs (the IP).
We are always here to answer any questions or niggles.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Fantastic news - really pleased for you. Always remember we are here if you need any advice
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Great news and an early Christmas present ... no getting way the next 5 years will be a journey, and will have a few curve balls thrown at it, but we are here to support you every step of the way!
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
. Thank you all for your reassurance