My creditors meeting is next week

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by JasonWBA » Fri Jan 19, 2018 7:33 pm
Hi all,
I have my creditors meeting next week (26th) and I’m understandably quite nervous about it.
I have approx. £23,000 debt split along 4 creditors (HSBC, Barclaycard, Argos and Very)
The initial proposal after the budget calculator is £221 per month over the 5 years.

In your opinions, is this a reasonable proposal likely to be accepted?

My IP is very confident considering the total paid back and the size of the creditors in question.

Any advice would be greatly appreciated.

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by Foggy » Fri Jan 19, 2018 7:36 pm
It's a decent dividend and the IP wouldn't put forward something he didn't think would work --- he doesn't get paid if it doesn't !

Best of luck.
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by kallis3 » Fri Jan 19, 2018 10:04 pm
Sounds good to me as well.
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