Hello could you please advise me. i am coming to the end of my iva in august and i have just got a letter saying that a meeting is being held so the creditors can consider the proposals of the pursuant to rule 5.19(2) of the insolvency rules 1986. not sure what this means and what happens leading upto my deadline day in august happy days are not long away now.
I've no idea what that is so hopefully one of the experts can help. It may be to do with a minimum dividend or equity in your property but I am just guessing here.
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
Perhaps it is something to do with the closure of the IVA? Hopefully one of the experts can assist with this.
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 would have thought that the equity clause would have been addressed before now if that was the case.
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
no i have no clause in my contract got no equity so not sure what it means and ringing blair endersby is a waste of time and money not the best in last 5 years!!!!!!!!
Julie wrote:
It seems to refers to closure of the IVA - hopefully one of the IP's will advise.
Well done on nearing the end Jimmy,how have you found life in an IVA?
Hi found it tough but now worth it now the end is near just 7 payments to go then back on straight n narrow no more credit save n pay for things in the futurexx
BE do pick up on posts on here so hopefully they will do so on Monday.
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
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
what plonkers! Like anyone who receives that letter is actually going to know what that rule refers to! It would take a second for them to actually write what they are talking about rather than refering you to a document you don't have!!
