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Posted: Wed Jul 02, 2008 8:20 pm
by cherrypink
Presuming that everything goes smoothly how quick can the IVA process be? Does it depend on your IP?
I am still at very early stages of returning my paperwork (all on order!). Just wondering what comes next - if there is a lorra waiting about for things to happen.
*sigh* when your just starting 6-8 weeks feels like a lifetime...
Posted: Wed Jul 02, 2008 8:30 pm
by Adam Davies
Hi
I think that once your proposal is ready your IP has to give your creditors at least 17 days notice for a meeting.
I guess the quickest that it can be from initial contact to agreement is about 4 weeks,the average is 8 to 12
Regards
Posted: Wed Jul 02, 2008 9:38 pm
by Moneystinks
Hi we are with Melanie and we contacte her in April and she should have received our signed proposal today - not long really.
We had the added complication that NR is one of our creditors.....
Posted: Wed Jul 02, 2008 9:43 pm
by angela18
we got in touch with melanie in february and everything was accepted 28th april.. took a while for us to get all info together
but from melanicompleting proposals was about 16 - 17 days
Posted: Wed Jul 02, 2008 9:55 pm
by MelanieGiles
I try to work on 6-8 weeks from the receipt of a complete set of documents, but this can be shorter or longer depending upon the complexity of the case.