IVA

Get expert opinion. This is the place for new questions to be posted.
10 posts Page 1 of 1
 
 

Justine.an

User avatar
Posts: 4
Joined: Mon Jul 05, 2010 11:04 pm

Post by Justine.an » Fri Jul 09, 2010 9:46 pm
Just sent my papers in today to set up my IVA I have my fingers crossed I can get the mess im in sorted most of my debt is with Natwest bank does anyone know what they are like regarding IVAs? I owe them £23,000 this includes a loan credit card and overdraft plus any input would be greatly received x
 
 

Shining

User avatar
Posts: 27019
Joined: Thu Sep 20, 2007 8:57 am
Location:

Post by Shining » Fri Jul 09, 2010 9:54 pm
Hi there, a step in the right direction today for you to start your journey to debt freedom. I hope it works out positively for you.

I didn't owe Natwest anything, HSBC were my main creditor so I can't comment on them but do know someone who had them as a creditor will be along very soon. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

justsurviving

User avatar
Posts: 67
Joined: Wed Feb 17, 2010 4:04 pm
Location:

Post by justsurviving » Sat Jul 10, 2010 12:45 am
I had a credit card and overdraft with them, they pestered me a little with phone calls but once I told them I was going for an IVA they seemed very helpful. Granted I didn't owe as much as you to them but far more to other creditors. Not everyone voted at my creditors meeting but those that did all voted in favour so don't worry too much. Any IP will only put forward a proposal if they think it'll be accepted.
 
 

millsy22

User avatar
Posts: 104
Joined: Tue Jan 05, 2010 1:42 pm
Location: United Kingdom

Post by millsy22 » Sat Jul 10, 2010 6:26 am
hi we were with natwest and had a loan credit card and overdraft and they voted for our iva and we had a similar amount to you
 
 

carole2662

User avatar
Posts: 566
Joined: Sun Jun 13, 2010 5:09 pm
Location: United Kingdom

Post by carole2662 » Sat Jul 10, 2010 8:53 am
Hi loan and overdraft with Nat West they voted FOR out IVA.Good luck.
 
 

kallis3

User avatar
Forum Expert
Posts: 77173
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Sat Jul 10, 2010 9:05 am
I think Natwest are quite supportive of IVAs.
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
 
 

plasticdaft

User avatar
Forum Expert
Posts: 9562
Joined: Wed May 21, 2008 12:45 pm
Location: United Kingdom

Post by plasticdaft » Sat Jul 10, 2010 9:22 am
I think its very much an individual case by case thing and shows that if the best offer is on the table it will be supported.

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:

Post by MelanieGiles » Sat Jul 10, 2010 4:12 pm
I generally see little problem with NatWest accepting the IVA proposals I put forward to clients, and as long as you are seen to be making the best offer available you should not have any problems on the day of the creditors meeting.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Justine.an

User avatar
Posts: 4
Joined: Mon Jul 05, 2010 11:04 pm

Post by Justine.an » Sat Jul 10, 2010 9:12 pm
Thank you for your replies just needed a little piece of mind!! not had much sleep recently as this is only half our debt but Im making a clean brake and start again
 
 

Shining

User avatar
Posts: 27019
Joined: Thu Sep 20, 2007 8:57 am
Location:

Post by Shining » Sat Jul 10, 2010 9:13 pm
I hope it works out positively for you Justine, I'm sure it will, you made a big step in deciding to sort out your debts x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
10 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”