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Posted: Thu Jul 30, 2009 8:02 pm
by efc
i have been reading all the posts and i havent seen anyone who had a iva declined is it unusual for a iva to be declined my meeting is on the 10th aug and im realy nervous
Posted: Thu Jul 30, 2009 8:05 pm
by Skippy
IVA's are declined, but if your IP has put it forward they are confident it will succeed. They wouldn't put all the work into the proposal if they weren't!
Good luck x
Posted: Thu Jul 30, 2009 8:08 pm
by efc
my ip said there cant definetly say there will accept but that there wouldnt propose it without it having a realy good chance fingers crossed
Posted: Thu Jul 30, 2009 8:12 pm
by ivas4us
I have seen that ClearDebt's and Melanie's acceptance rate is about 98% (correct me if I am wrong) I am not sure of other companies. It costs an IP a lot of money to propose an IVA and If it is not accepted they get nothing for all the hard work. They want to put food on the table and will not want to be wasting a lot of time for nothing.
Posted: Thu Jul 30, 2009 8:20 pm
by MelanieGiles
That's right for me Paul, cannot speak for ClearDebt thought. The general acceptance rate across the board is in excess of 80% - but of that about 40% generally are expected to fail. I am pleased to say that my failure rate is still below 10% - even in today's economic climate.
Posted: Thu Jul 30, 2009 8:20 pm
by kallis3
We have had posters on here before who have IVA's declined, but it isn't often.
Can I ask who your IP is?
Posted: Thu Jul 30, 2009 8:26 pm
by efc
kallis3 wrote:
We have had posters on here before who have IVA's declined, but it isn't often.
Can I ask who your IP is?
yes its freeman jones there have been realy good with me just hope we get the result we realy need it
Posted: Thu Jul 30, 2009 8:28 pm
by kallis3
They have a good reputation, so I am sure you will have no problems, they would not have put you forward if they didn't think they would get an approval.
Posted: Thu Jul 30, 2009 8:31 pm
by efc
kallis3 wrote:
They have a good reputation, so I am sure you will have no problems, they would not have put you forward if they didn't think they would get an approval.
thanks for the replies just want 10 august to arrive and find out
Posted: Thu Jul 30, 2009 8:33 pm
by kallis3
Good luck - not long to wait now.
Let us know how it goes.
Posted: Thu Jul 30, 2009 8:36 pm
by efc
kallis3 wrote:
Good luck - not long to wait now.
Let us know how it goes.
will do thanks
Posted: Thu Jul 30, 2009 8:59 pm
by althas
Good Luck for the 10th, I hope all goes as planned
Posted: Thu Jul 30, 2009 10:07 pm
by Pap
Good luck for your meeting, I'm sure it will be ok.
P x