What are my chances of success

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yalda
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by yalda » Fri May 18, 2018 10:56 am
I have applied for an IVA but what are my chances of success.
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Foggy
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by Foggy » Fri May 18, 2018 11:48 am
Too difficult to predict as it all depends upon the full picture, reason for debt, number of creditors, who they are, amount of debt and the amount you are offering to repay. Your IP will not put forward a proposal he/ she thinks will not get accepted.
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kallis3
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by kallis3 » Fri May 18, 2018 12:20 pm
What are your debts and who are your creditors?
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Lisa Thomas
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by Lisa Thomas » Fri May 18, 2018 1:37 pm
Has the Nominees report been produced yet? The Nominee would not recommend the IVA proposals be presented to creditors for consideration if they did not think it had a reasonable prospect of success.
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kallis3
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by kallis3 » Fri May 18, 2018 1:39 pm
Which company are you going with?
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yalda
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by yalda » Fri May 18, 2018 8:36 pm
kallis3 wrote:
Which company are you going with?


I approached National Debt Help and they referred me to Pareto.
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yalda
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by yalda » Fri May 18, 2018 8:38 pm
Lisa Thomas wrote:
Has the Nominees report been produced yet? The Nominee would not recommend the IVA proposals be presented to creditors for consideration if they did not think it had a reasonable prospect of success.


He is in the process and will be sending me the form by Tuesday to sign. I am just a bit worried about getting rejected but he seems positive on the phone.
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yalda
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by yalda » Fri May 18, 2018 8:40 pm
kallis3 wrote:
What are your debts and who are your creditors?


Debts are unsecured loans

My creditors are - Future Finance, 118118, Marbles, Barclaycard, Barclays overdraft, My Jar, 247 Moneybox, Lending Stream, Satsuma Loans, Mr Lender, Wage day advance, Ferratum, Pounds to Pocket and a couple of catalogue
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