Just a query regarding the IVA process..I am using the services of Cleardebt for my application.
The end document has been circulated to all my creditors and only one bothered to vote (it was a no as well!) - it was adjourned for 2 weeks to chase up the others and come yesterday - nothing - no-one else had bothered to vote.
The proposal has been withdrawn so that it can be re-circulatd again.
Is there anything that can be done if creditors don't vote - Im aware it works on 75% majority - but is there any rules which can force it through or any court action which could help?
I need to get this set-up and running - want to get this paid off and need to have the list of Attachments stopped from my wage so we can live!!
I'm sorry to hear about the problems you are having. I'm surprised that Cleardebt didn't manage to chase up some votes for you.
Unfortunately, if nobody bothers to vote you cannot force them and there is no court action you can take either.
If the new proposal doesn't work then you can always drop back to a debt management plan for a while and try again, perhaps with a different company.
Size5 from Cleardebt posts on here so he may be on later to help.
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
Sorry to hear you haven't had a positive result and there seems to have been some apathy with the creditors on your behalf.
I'm sure Cleardebt will do all they can for you and will answer your questions directly as they know your case intimately. An expert from Cleardebt posts on here so maybe they will be able to get back to you on this asap.
Keep us posted and hope you manage to get something resolved asap.
Regards,
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.
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I hope size5 picks up on this tomorrow and can give you some answers.
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
Unfortunately I cannot help you further at this moment as I am posting from home in my own time.
However, if you wish to contact me directly, my details are in the experts section on the left, then I will endeavour to do what I can to help you as soon as possible.
Not much use at this time of night admittedly, but it is the best I can do for you.
Regards.
Cert DR
23+ years in debt advice
I do not post for anyone other than myself
