JUST RECIVED OUR CHAIRMANS REPORT ONLY TOOK 2 DAYS TO ARRIVE BUT WAS VERY SUPPRISED HOW MANY CREDITORS DIDNT VOTE AND WE GOT 77.1 % IN FAVOR SCARY TO THINK WE ONLY JUST MADE IT
Hi Dodge --- the important thing is you DID make it -- and all of the creditors are bound by your IVA -- so relax and don't fret about who did and didn't vote [:)]
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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
very true thanks for the reasurance still havnt quite get my head round the fact that it was a YES YES YES !! and that i can relax and stop worring still feel anxious but im sure it will pass with time x
The feeling will pass. You'll love the fact that the postman walks straight past your door and the phone only rings when friends and family call!
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 Ya - were in this very nervous boat waiting for creditors meeting, i am so so scared its awful, can I ask which creditors turned you down? I am so worried ours are going to!
Hi gemma i had a debenhams and evans store/credit cards i got no for both SIMPLY BE ,MBNA ,VIRGIN NEVER VOTED FOR ME OR MY HUSBAND HALIFAX VOTED YES FOR CREDIT CARDS,LOANS,OVERDRAFTS AS DID NEXT AND LITTLEWOODS,VERY HOPE THIS HELPS X
It doesn't seem to follow any set pattern Gemma. My store cards didn't vote from what I can remember, Lloyds TSB voted no and they were one of my smallest creditors.
I'm sure you'll be fine.
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
Yeah I agree that it doesn't follow a pattern. All of my major creditors voted yes, RBS, EGG, Nationwide, student loans company, only one to reject was Hsbc for a minor debt. I was surprised they all went for it especially the student loan company, I didn't even think they could be included and nearly left them off but fortunately I was upfront with my IP and they sorted it for me. Don't try to predict the outcome, most IVAS are voted yes. Some money to your creditors is better than no money in a bankruptcy!
"Just when you think that you can make ends meet, somebody moves the ends."
Gemma - I understand it is a worrying time. There is no rhyme or reason to the voting. Grant Thornton voted on behalf of Barclaycard, Capital One and Egg and bizarrely voted yes to all apart from hubby's capital one card where they didn't vote. MBNA didn't vote (told that's not unusual) and I don't think Fashion World or Creation Finance voted.
As long as they can see the best offer is on the table I'm sure you'll be fine.
Gemma - out of 18 creditors only 2 voted no and they were Barclaycard and Ikano (principles store card). All the others who bothered to vote were yes x
