My creditors meeting is next week

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JasonWBA
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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.

Thanks
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Foggy
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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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kallis3
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by kallis3 » Fri Jan 19, 2018 10:04 pm
Sounds good to me as well.
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