www.iva.co.uk

Hi thank you for al you reply on my previous question. Now all documents sent off , telephone meeting on 30.08. no idea what to say. Debt is £66000.00 both me and my husband together. our Creditor will get 16% and mine less than that so no idea if they will accept it. If not what to do? My house is in negative equity so if we go Bankrupt, they will not get anything at least with this proposal they will get back some money a little. Will they negociate anything? do I need to accept ? if not what will happend?
I am so worried

Hi,

Your telephone meeting will go through everything with you and make sure that you understand exactly what they are talking to you about. They would not be putting you forward if they didn't think you would be accepted.

Try not to stress - I know it's hard.

You can ask anything on here at anytime, someone will know the answer.

Thank u Jan. Good to have somone to talk it is hard to go through this. Hope it will work. Keep you informed. X Lali

I hope it does as well - you will get plenty of support and advice on here - there is usually someone about.

hi lali,just a bit of moral support as ive got my creditors meeting the same day as you so know how you are feeling at the moment. i am a nervous wreck!!!!!!1 but just want it over and done with now hope all goes well for you and just think i will be going through the same as you on tuesday

Hi Thank yo for your suuport, just too many things going in my head. Hope our porposal will be accepted. Same for you. keep in touch and let me know how things goes. Lali

Can not really add anything to what the others have said - apart from welcome to the forum and to add my support.

hi,this stage can be very hard. take heart from not being alone. it takes courage to face the debts,it's the only way things will get better, well done,good luck Lali& Janez,thinking of you.

Offers of 16p in the £ are regularly accepted these days, so I am sure that if you are putting your best offer forward that it will be accepted.

Good luck from myself too and I'm sure on the day the best offer will be on the table. x

Good luck to both of you.

hi how did your creditors meeting go? hope it was good news for you. i had mine the same day and thankfully it was approved, hope yours was too.

Was it the telephone meeting or creditor meeting on the 30/08?? either way let us know how it went for you x

Congratulations Janez thats brilliant news!! hope its good news for you too lali. It seems like yesterday that we were in your position, and I must say I dont know where the last 4 yrs have gone. One thing you will notice is the reduction in mail

hi false alert, it was just a phone call to ask me if I understood everything. The creditors meeting only in a month time. Too long to wait. Well keep hope. Great news for you , I m glad that it has been approved.