What do banks do once they get an iva request

Get expert opinion. This is the place for new questions to be posted.
171 posts Page 4 of 12

kallis3

User avatar
Forum Expert
Posts: 75946
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Thu Jul 09, 2020 1:11 pm
I don't know about that. I know it's hard, I've been there, but there is nothing more you can do.
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

Lahoretiger

Posts: 176
Joined: Tue Jun 16, 2020 11:08 am

Post by Lahoretiger » Thu Jul 09, 2020 1:18 pm
Dont now about?

kallis3

User avatar
Forum Expert
Posts: 75946
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Thu Jul 09, 2020 1:21 pm
Credit Union. Never had dealings with them. I do know how hard it is to be patient but there is nothing else you can do.
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

Lahoretiger

Posts: 176
Joined: Tue Jun 16, 2020 11:08 am

Post by Lahoretiger » Thu Jul 09, 2020 1:25 pm
Pretty hard to deal with acc to ip
So lets hope natwest and barclaycard say yes

kallis3

User avatar
Forum Expert
Posts: 75946
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Thu Jul 09, 2020 1:26 pm
Fingers crossed!
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

Lahoretiger

Posts: 176
Joined: Tue Jun 16, 2020 11:08 am

Post by Lahoretiger » Thu Jul 09, 2020 1:27 pm
Txs

Lahoretiger

Posts: 176
Joined: Tue Jun 16, 2020 11:08 am

Post by Lahoretiger » Thu Jul 09, 2020 1:51 pm
Any history of natwest and bc in these mettings

kallis3

User avatar
Forum Expert
Posts: 75946
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Thu Jul 09, 2020 1:55 pm
Nobody can say - each IVA is individual so you will have to wait for your meeting.
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

Mrs_Brown

User avatar
Posts: 176
Joined: Wed Jan 03, 2018 5:06 am

Post by Mrs_Brown » Thu Jul 09, 2020 2:58 pm
If it makes you feel any easier, stepchange manage my IVA, my biggest debts were Barclaycard and Natwest. Both of these passed the accounts to an insolvency firm once they were aware of the IVA, both voted yes. I didn't have any no votes on mine, my other debts were first direct, lloyd's and mbna. There were a couple who voted yes with modifications, stepchange must have known they had the needed 75% and advised to reject the modifications.

Lahoretiger

Posts: 176
Joined: Tue Jun 16, 2020 11:08 am

Post by Lahoretiger » Thu Jul 09, 2020 8:54 pm
Txs mrs brown
Whe u say step change must have known what do u mean?

kallis3

User avatar
Forum Expert
Posts: 75946
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Thu Jul 09, 2020 9:15 pm
Stepchange know what they are doing and you also have to be prepared for some modifications, usually to do with fees which will not affect you.
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

Lahoretiger

Posts: 176
Joined: Tue Jun 16, 2020 11:08 am

Post by Lahoretiger » Fri Jul 10, 2020 8:12 am
Thnxs all

Lahoretiger

Posts: 176
Joined: Tue Jun 16, 2020 11:08 am

Post by Lahoretiger » Fri Jul 10, 2020 12:52 pm
Mbna online acc shut down

kallis3

User avatar
Forum Expert
Posts: 75946
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Fri Jul 10, 2020 12:54 pm
Good. Step in the right direction.
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

Lahoretiger

Posts: 176
Joined: Tue Jun 16, 2020 11:08 am

Post by Lahoretiger » Fri Jul 10, 2020 12:59 pm
What does that mean ? When they shut it down?
171 posts Page 4 of 12
Return to “Ask IVA Forum and Industry experts”