I'm in pieces. Just don't know what to do now.
jo385 wrote:Since July 2013. They have suggested a DMP but said someone will get back to me about this.
I've read on here to contact my IP. Who would that be?
I live in a mobile home which was bought by someone else but I don't pay rent.
Your IP will be the person named as Supervisor in your proposal document.
OK -- assuming your mobile home belongs to this other person it would npt form part of any future debt solution you try. How much is your total debt ? Have you looked at maybe a DRO, if your disposable income is below £50 per month and debt below £20k. Or even bankruptcy as long as it won't affect your job ? Other than that another IVA with a more sympathetic company.
Would it be sensible to get in touch with the debtors? They aren't the original debtors so the debts must have been taken over.
I didn't think I would be able to do another IVA after failing one? Who would be the best company to use?
jo385 wrote:Will do. Thank you.
Currently on the phone to payplan asking to speak to my ip and being told he doesn't take incoming calls!
They are telling me because it's come from the creditors there's nothing they can do.
Once again, they are peddling mis-information or variations of the truth -- they will have approached the creditors without adequately discussing it with you first. As the meeting has been convened without your knowledge and the creditors have now sanctioned cancellation there is little they can do.
Payplan are of the opinion that the IP is above talking to clients and are singularly unhelpful in a crisis !
As creditors meeting has been held unless they are prepared to write again to creditors there will be little they can do to resurrect it.
If you have no assets you might want to consider Bankruptcy instead of a DMP or a DRO if debts can be brought under £20k.
Once the IVA has failed, generally they don't tend to re-open.
This doesn't mean you can look into another IVA as the debts are now outstanding again and unsecured.
I think looking at all your options again is going to be key so you can get the best solution based on your circumstances now.
Take some advice as suggested and consider all options. Bankruptcy may be a solution considering you do not own your home but use this time to gather advice to enable an informed decision.
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