Meeting is on Wednesday just read some reviews and more worried

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helen534

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Post by helen534 » Sun Aug 12, 2018 5:52 pm
Wonder if anyone can give me some advice or experience.
I've just read some reviews that creditors have voted no if a catalogue has been used in last 3 months I've just checked and I used very in June for the amount of £46 Before that was over 3 months ago.
Will it be refused because of this? Anyone had any experience with this at all?

Foggy

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Post by Foggy » Sun Aug 12, 2018 6:27 pm
Any creditor who votes "no" will need to have a "no" vote of over 25% (by value of debt) to swing a refusal. Catalogue debts do tend to be small in comparison to other lenders. so. hopefully, they will not have the clout to get a refusal, even if they do vote "no" and will be bound by the IVA anyway.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

helen534

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Post by helen534 » Sun Aug 12, 2018 6:58 pm
Thanks foggy
My main creditors are
Aqua £4500
Vanquis £4000
Natwest overdraft loan and cc £3600 total
Very would be 4th with £2400
But there is 11 creditors all together but natwest are 3
Pounds to pocket £1500
Provident £1600
And the others are under £1000
Total debt is £20k

kallis3

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Post by kallis3 » Sun Aug 12, 2018 9:15 pm
I am sure you will be ok.
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

luluj

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Post by luluj » Mon Aug 13, 2018 2:26 am
I would hope you will be ok ... you won't be alone in this scenario. Be sure to let us know how you get on, on Wednesday ..good luck x
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"

Mrs_Brown

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Post by Mrs_Brown » Wed Aug 15, 2018 6:07 am
Hope all goes well today, let us know how you get on.

Ryan

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Post by Ryan » Wed Aug 15, 2018 7:40 am
I echo the thoughts of the others, I'm sure it will be fine. All the best though.

Regards
Ryan Radford
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Zebra Money Centre

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Foggy

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Post by Foggy » Wed Aug 15, 2018 7:45 am
Good luck for today's meeting.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

kallis3

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Post by kallis3 » Wed Aug 15, 2018 8:01 am
Good luck from me as well.
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
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