Creditors approved on 11th January

[cr15py]

I have got my date through eventually (the person I was dealing with had been off sick for a week, and I wanted to keep letting her deal with it rather than letting someone else take over), the meeting is 11th January.

To summarise, my debts are £16,000, broke down as follows:
Halifax £10,000
MBNA £ 4,000
HSBC £ 1,400
HMRC £ 100

I am offering £210 per month, which equates to 44p in the pound so I am led to believe!

[debbiw]

Good Luck Cr15py. I'm sure it will be fine, fingers crossed.

[cr15py]

Thanks debbiw, my IP is very confident, so hopefully it will be fine. Glad to finally get a date, something I can look towards as the start of a difficult 5 years, but a long walk towards a debt-free future. [:)]

[cr15py]

According to my calculations, my IP is charging £5,500 (inc VAT) for my IVA - is this a reasonable amount?

What happens if my creditors modify this, is my IP obliged to accept it, or can the IVA fail if they refuse to do so?

[debbiw]

You will feel better when it's agreed and you can see the light at the end of the tunnel. My meeting is Monday, and i feel sick thinking about it at the moment.. but we will have to wait and see. Glad you got your date through.

[Martin2011]

Best of luck with the meeting.... looks like a very reasonable offer to me, so fingers crossed for you.

Martin

[Skippy]

Good luck for the 11th Cr15py

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

[cr15py]

Thanks Debbi, Martin and Skippy - I am reasonably confident with the proposal, although doubts are setting in with MBNA through what I read in the other forum.

Good luck for Monday debbi, I really hope it goes through OK for you [:)]

[debbiw]

Thanks Cr15py, I will let you know as soon as i hear anything. I may have to pick myself up off the floor first though.

[cr15py]

So long as that is in joyfulness scenes Debbi, then that will be great!! [:)]

[luluj]

Good luck on the 11th! Fingers crossed for you - a brighter and better 2008!

Lulu

[emma_t]

Best of luck for the 11th Cr15py - I will have my fingers crossed for you that day
E x

[aguise]

good luck from me too. Nearly there.

Ang

Please visit my blog at http://aguise.blogs.iva.co.uk/

[caraf]

Best of luck for the 11th. Just remember that 80% of all IVA's are approved. I know it is very hard, because all you keep thinking is "what if"
Best of luck, I will keep my fingers crossed for you. Let us know how you go on.
Carol
x

[cr15py]

I've had a relaxing Christmas, where I was able to practically forget about it all, which was nice - I have had practically zero contact from my creditors (1 letter from HBOS (well, their debt collection agency), 1 text message and letter from MBNA, nothing from HSBC/HMRC), it's all quite eerie. It's like being in a big building on your own waiting for the big monster to jump up from behind and attack you.

12 days to go, so fingers crossed for the 11th.