Full and final was accepted in October 2009. However I am yet to receive a compliance letter as one creditor has yet to make their claim. Originally I was told I would have this by February, then March, then April. But the IP decided this month that this last creditor should have a further 3 months ...

PS Thanks to all who have helped over the past years and recent months.....I am grateful for this site and the IP debt management firm who were highly professional. I dare not say what I think oif Jeff Randall and the Queen of Banks...Angela Knight who have both spouted the script from the banking w...

The creditors meeting was held yesterday. They accepted and we will pay them Monday! Now we begin to rebuild our lives. I have asked our current bank if I can switch to a current account as I need to have one separate from my wife. Have been told it is at thier discretion. I have been advised to tak...

Signed and returned the variation proposal Monday gone. Gingers now crossed!

Don't you think 4 weeks is an inordiante time to prepare such a proposal?? I could write it in an hour.....is this their way of stalling for time and money? Would appreciate any suggestions as to how to rebuild my credit rating. Was with Orange since 97 and stupidly came off contract in January this...

Spoke to the drafter yesterday and she advised it will take 4 weeks before I can see it and sign...then another 4 weeks during which the creditors will be asked to meet. Fingers crossed I will make my last IVA payment at the end of October 2009.

ty all for your advice. I am making an honourable offer they should not refuse. We never wnated to run away from our debt and the IVA was what we bought into. Call me naive but I prefer to try to mkeep my word. Isn't that what makes the world go round? Anyway....our proposal is deemed viable and it ...

These are the only funds we will have access to for this purpose. DFD have said it might not be enough. If they accept the offer it is 95% of the original IVA sum...which thye are getting 2 years ahead of time. My greatest fear is thye will not accept it. Anyone who says an IVA is a soft option need...

We have 28 months to run on our IVA and have been told that it will take up to 6-8 weeks to process an early settlement offer if the insolvency practitioner puts our offer forward. The total amount to pay would be around £26k and we have offered £24k stipulating the funds would only be made availabl...