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
I have heard of this expression before - "pork barrel politics" - I 'googled' the meaning. it's often portrayed in cartoon humour in Newspapers satirising prominent characters/departments supposedly doing their jobs but producing a comedy of errors and little result especially in Politics and now increasing seen in Economics. I suppose the IVA predicament facing 1973nl can be portrayed and seen as such...
'Time for chsnge' - you need to to do a cartoon to get your point across?? Some of us needs comic pictures to understand.
Newdeal - we live in a democracy (of sorts) and creditors can either vote or not - that is their perogative.
Possibly I would like the Government to state that if a creditor does not vote then that creditor is deemed to have yoted "YES"!
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
1973nl - yes you can propose a new IVA and through another practititioner - might be a good idea to try - would only take a few weeks.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
1973nl - please try one of the forum IP's before you make your final decision. They are extremely well respected in this business and will do everything they possibly can to get this accepted for you.
It has to be worth a try? you have nothing to lose xxxx
Just to clarify that I was incorrect in saying that Capital One are represented by Grant Thornton - they used to be but are now looked after by The Insolvency Exchange.
My apoligies to all readers and posters for any confusion caused.
I have just been catching up on the forum and am gutted to read your update, it is such a shame NR are digging their heels in so much.
You have really tried to make it work, but it would be worth getting another IP to look over your proposal and see if they can offer any further advice and see why it is not being accepted by NR.
Another thing, you can stay on this forum also if you do go bankrupt[:)] Whatever you feel most comfotable with, but you can post whatever your financial status[:)]
I hope you have had some more positive news since your post
x
Be positive & look after yourself, there are more important things in life than debts....
1973nl - please try another practitioner as I am sure if the alternative is bankruptcy and you cannot afford more than what an IVA is proposing something does not quite add up. I would like to see the figures as to what you owe to your creditors and what interest rates were being charged and what your offer was.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
