A creditirs meeting is normally on the agreed date with an extension of a few days if creditor votes need to be worked on if initially they do not give 75% of the vote in favour to accept the iva proposal.
I would have hoped after 10 days a decision was known .. have you phoned your IP for an update ? I think I would be phoning daily if it were me now ...
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
I agree wih Luluj - you need to chase this up asap. Which company are you with?
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
Hi,
Im with Carrington George.
Im in the process of a self employed IVA and its my first time to have debt problems so im not sure what to expect!
Thanks for your repies!
I is definitely the creditors meeting or was this the initial stuff?
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
You should certainly have heard on the day and by the following day at the latest. If there were problems they should have phoned and spoken to you about them.
Chase them up 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
Thanks.
Some of the creditors wanted me to sell my vehicle and cancel my sickness policy so as to provide more disposable income!
The vehicle is not worth very much and I need this for work and the sickness policy is very useful and I needed this for a recent operation.
Thanks for your quick replies.
I will ring them Monday morning and will let you know the outcome.
Thanks
My company tried to get me to sell the car as well but we refused. They can be sticklers for insurance policies though!
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
Ok i see!
I have used the insurance quite a lot as I needed a hip replacement that nhs refused to perform as Im too young, so I may have grounds to keep this with another operation in the pipeline?
You may well do but stress this when you speak to them.
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
Certainly is!!! Hope the operations work out ok and you are back to full health soon.
Let us know how you get on next week.
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
You clearly use the policy so it is unfair to ask for it to be cancelled. It may be an idea to offer an extra few payments on to the end and ask to keep the policy as it would be very difficult if not impossible to replace.
Last edited by Michael Peoples on Mon Dec 07, 2015 9:09 am, edited 1 time in total.
