www.iva.co.uk

Hi just wandering on this point my proposal states "The first payment to your IVA is due on the day of your creditors meeting and will be £225 (subject to creditors modifications)" It says to refrain from token payments but if already in a DMP which I am to continue with payments as normal.

the scenario I have is I normally pay £221 to the DMP and it is due on the 28th of each month. Creditors meeting set for 3 April at 2.30pm.

The other thing is my hubby has two creditors also in the DMP do I pay the DMP as normal or hold off until I know the outcome at worst the creditors would be paid a few days late! Payplan said to make payment as normal and it would stay there until outcome of meeting. My worry is that it is two different depts in a very large org and dont want them paying this money out before hand.

What is your advice and PMS999 it says your first payment is 25th April when was your meeting?

Thanks again folks.

Hi Eva,

I'm paying my first payment on the 25th March by Debit Card then I have 59 payments of £283.00, my letter was the same as yours.

I paid a token payment to my creditors as normal as I wasn't in an IVA.

When Nick phoned me he asked when I would like to pay and so I said my standard pay day 25th and he then just got a standing order form sent out.

My meeting was on the 18th.

Thanks for that. I have just amended my standing order online so they wont get it until the 3rd [:p] so they wont be able to pay it out before. thanks.

Eva,

Something I found very cute by Payplan is the way they manage the modifications. I had 6 acceptence but 3 had mods so they rejected the mods thus rejecting their offers and used the larger offers to get 81% and less modifications.

Great as that works in our favour! I just hope I get the precentage votes so they can do that lol.

Thanks

Course ya will Eva.

I had;

MBNA - Voted Yes
Egg - Voted Yes
Mint - Voted yes only with mods (said no)
Barclays - Didn't Vote
Alliance and Leicester - Voted yes only with mods (said no)
Capital One - Voted yes only with mods (said no)
Hitachi - Didn't vote
Nationwide - Didn't vote (had great fun telling the KPR bully boys to do one on Tuesday, threatened me with solicitors and ccj's and then I hit them with the IVA acceptance bombshell. "Why didn't you tell me that earlier Mr Blobby, this has wasted 20 minutes".
Mint - Voted yes only with mods (said no)

And that was my 81% on the day.

Heres hoping.

Who are KPR???

Do they work for nationwide , I have had some calls from them??