Hi guys had my iva approved last week only 5 out of my 10 creditors voted what does that mean does it mean only five get the money or do the others still have a right to claim
Thanks
Well done to you and your IP first of all, but the IVA was approved and that is all that matters at this point. All creditors are entitled to their fair share, even if they didn't vote.
Good luck in your journey and regards.
Cert DR
23+ years in debt advice
I do not post for anyone other than myself
All your creditors are bound by the IVA, whether they voted or not and will get paid.
Good luck with the IVA.
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