claims logged

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indebtforever

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Post by indebtforever » Wed May 28, 2008 4:25 pm
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hi can anyone enlighten me here having spoken to my ip firm they have said they are going to have to look at the claims logged ?i have been in an iva 2 years has some of the creditors not asked for some money yet after 2 years and is there a time limit?.
Last edited by indebtforever on Wed May 28, 2008 5:39 pm, edited 1 time in total.
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kallis3

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Post by kallis3 » Wed May 28, 2008 6:28 pm
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I have absolutely no idea! You would have thought they would all have wanted their money!

I am sure one of the experts will be along soon to answer your question
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
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Adam Davies

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Post by Adam Davies » Wed May 28, 2008 8:33 pm
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Hi
It is quite common for creditors to not have confirmed claims,strange as it seems.Once your IP is ready to pay a dividend your outstanding creditors should confirm.
They actually have the full five years in which to make a claim.
Regards
Andam Davies
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sblack

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Post by sblack » Wed May 28, 2008 8:42 pm
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Hi Andy
This is an interesting thread!
What happens if creditors do not make a claim in the five years? Does the money you have paid in get paid to your other creditors so that they get a better dividend?
"Life is too short to wake up in the morning with regrets. So love the people who treat you right, forget about the ones who don’t and believe that everything happens for a reason. If you get a chance, take it. If it changes your life, let it. Nobody said that it’d be easy, they just promised it would be worth it."
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