www.iva.co.uk

With a little over 3 hours to wait for my creditors meeting I'm suffering from a really bad case of the what ifs. What if they reject the proposal outright, what if they try and slash my budget, what if they ask for the kids as some kind of collateral, actually the last ones not a problem at all.

I know that i have put my best possible offer forward and I know it would not have got as far as this if there were fundamental problems with the proposal, but what if......

I've been really lucky in that all my creditors have left me alone for the last three weeks, no post, no calls, its all been eerily quiet, even my pals at Lloyds must have had a chance to google IVA and figure out what I've been telling them for the last few months.

I'm sure this has been asked many man times before but are there any standard modifications that creditors are pushing for? I know its difficult to answer as all proposals are Individual, but any clues as to what may get scrutinised may put my mind at rest.

I'll wait for the experts t answer your specific queries Diddy but I just want to say good luck and my fingers are crossed for you.

Hi Diddy, good luck with the meeting later on this morning, I hope you get the outcome you want[:)]

Hi
Good luck for today.
In the unlikely event that creditors squeeze your expenditure do not agree to anything that is unaffordable.
The only standard modification tends to be in relation to IP fees and this will not affect you or your IVA.
Try and relax and leave it all to your IP, they have a vested interest to get it through
Regards

Thanks for the best wishes and the replies. I'll post later today once i have some (hopefully good) news.

Good luck Diddy. I hope you get the result you want.

Good luck from me as well x

Good luck Diddy - have everything crossed for you x (I know exactly how you are feeling, my husband and I couldn't sit still on the morning of our meeting - pacing up and down, making tea after tea after tea) It will be over very shortly and hopefully you'll have the positive result you want - keep us posted!! [:)]

Good luck Diddy,

If there any modifications, take your time to consider them before agreeing to anything.

Look forward to reading a positive post soon xx

Boy do i feel like an idiot. I've got my self so wound up I've managed to miss a day, it turns out my meeting is actually tomorrow at 11 not today. Doh!

I was just about to call my case worker to find out what was going on as I hadn't heard anything and i thought I'll check through my paperwork one last time to make sure I've not missed something and there it was 12th February at 11oclock. How on earth could i manage to get that wrong? oh well, another 24 hours wont kill me. I'll update this time tomorrow hopefully with some proper news.

Oh dear Diddy!! We have all been there lol.

Oh well as you say 24 hours is not too long a time.

No news is generally good news as if there are problems with creditors they normally will raise the issues well in advance of the meeting. Best of luck for tomorrow.

never mind Diddy....less than 24 hours to go xx

Well fingers crossed for tomorrow now[:)]

Once the chairman rings you and gives you what has been decided.
Take a big step back and think hard on any modifications tabled.
If you are not happy at all - postpone.
Don't agree just out of relief/stress!

Regards