IVA approved we do get to keep our caravan !!!

[roadrunners]

hi all
Have not posted for a while but here goes.
Have just had creditors meeting. Both mine and my wifes IVA were accepted with modifications.
unfortunately we have to sell our touring caravan worth approx 6500 with 16500 finance remaining. absolutely gutted about this but at the same time pleased that the tiniest weeniest little pinprick of light at the end of a 3000000 mile tunnel. we just dont know whether to feel up or down at the moment.
By the way can anyone believe that our major creditor ( 71% of our debt ) did'nt even vote

we'll make it !!

[Adam Davies]

Hi
That's amazing that a creditor holding that amount did not vote,who was it ?

Andy Davie
IVA.co.uk Spokesperson and Website Manager

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp

[debbiw]

Well done Roadrunners! Fantastic news! x All the best for your debt free future

[iva.com]

Hi Roadrunners,

Congratulations on having your applications accepted. Can you tell us what the modificatons were? Were they just related to your caravan?

Kind regards,
Terry Balfour
IVA.co,

IVA.com - The IVA Comparison Site
100s of reviews, All IPs and IVA firms rated.

Use our IVA firm comparison tool to find best IVA firm for you:
http://www.iva.com/iva_comparison_1.asp

[cr15py]

Congratulations! [:)]

[caraf]

Brilliant news !! good luck for the future. Keep in touch.

[iva experts]

Well Done Roadrunners, All the best for the future [:D]

Best Regards,
IVA Experts
http://www.iva-experts.co.uk/

[roadrunners]

Hi, and thanks for all of your support. The creditor who did not vote was lloyds tsb, but we had a call from the IP this afternoon to say that they had actually voted, and in time also with no mention of the caravan, so we do get to keep it !!! The Lloyds vote had apparently been handed to the wrong person at IP. Does this happen often??
Our Modifications were apparently fairly standard in the end
1. any windfall or inheritance greater than £500 to be paid into IVA
2. Annual review to be carried out by IP
3. No credit to be obtained over £500

Once again thank you all

Roadrunners
[:D][:)]
ps we will keep in touch

we'll make it !!

[aguise]

Thats great news congratulations to you both, and even better you keep your caravan.
Ang

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

[zarron]

sounds like you avoided the 50% overtime payment clause which is a good thing!

[debbiw]

Fantastic News Roadrunners, I'm so glad you can keep your caravan, Well done x

[Oliver]

Excellent news and what a great suprise that you get to actually keep your caravan. All the best with everything in the future.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp

[louisa.s]

Congratulations and all the best!

[Beechy]

Good luck for the future

Dave Beech

[rachellxx39]

Glad to hear your iva accepted . Ours accepted on 7th jan . Feeling so relieved about it now . Good to keep in touch .