Iv got my creditor meeting in 2 weeks but just making myself fully aware of situation if it goes against me. IP company are saying they would want to put me in DMP for few months then reapply? Surely the only winner in that scenario is them charging to run the DMP? interest may or may not get froze hence possible debt increase, creditors surely less likely to agree iva then as %return would drop also. Just wondering as i imagine i would have to shell out payments id not made this month almost immediately, once meeting is over and if unsuccessful?
Has anyone had the iva rejection/ dmp suggestion, and what happened?
Thanks in advance
Everydays a school day in the IVA process
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