I am hoping for some advice. We have rolled into a 6th year due to not being able to remortage & IVA company dragging feet in sorting a variation so we are now looking at a variation meeting soon (month 66!).
Any idea's on how Max recovery/Evershed & HSBC vote now a days. We are looking to reduce return by 3p in the £.
I think you may well be ok - there is not usually a problem with Max/Eversheds and I would think that your HSBC debt has been sold on by now.
However, your IP is best placed to advise - 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
Surprises me - my HSBC debts have all been sold on.
I'm sure your variation will be ok.
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
HSBC accepted my IVA in 2007 but unfortunately have not sold the debt on - so it could be sticky when it comes to trying to get a variation, I guess, cos they won't be pleased that the equity in my property can't be released due to the fact that no one will give me a remortgage.....
Last monthly payment made 3 June 2013 after 6 long years. CC issued 21 August 2013, but, er, lost in the post. Finally got it 17 September.
Max recovery were always supportive during my IVA. You have completed a long time in yours and I think they will take the pragmatic view, don't be overly concerned.
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
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by brokebryn
HSBC accepted my IVA in 2007 but unfortunately have not sold the debt on - so it could be sticky when it comes to trying to get a variation, I guess, cos they won't be pleased that the equity in my property can't be released due to the fact that no one will give me a remortgage.....
HSBC voted in favour of my variation to extend by a year as I couldn't release equity
