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Posted: Tue Dec 11, 2007 10:01 am
by Chris30
Hi all, although I havnt posted any posts on here until today I have been reading the forums over the passed month and its given me some hope finding people in the same boat as myself.
Yesterday was my creditors meeting and all went well with only 2 creditors phoning in and both voting "Yes" giving me a 75% that I needed.
Not sure what im paying back to the pound but I know its £215 a month for approx £25k debt. And with no modifications which has made life a bit easier.
I went with payplan and they have been great.
Posted: Tue Dec 11, 2007 10:04 am
by caraf
WELL DONE, you can sleep at night now !!
Who where your creditors ??
Posted: Tue Dec 11, 2007 10:06 am
by debbiw
well done chris26. Best xmas pressie ever.
Posted: Tue Dec 11, 2007 10:22 am
by Chris30
Creditors were, HSBC 17K, MBNA 4K, GE Capital 1K, AA Finance £3K.
Im so happy... looking forward to a fresh start in 5 years time now, hope it goes quick though I should wish my life away.
Posted: Tue Dec 11, 2007 10:37 am
by coco
Hi Chris well done on getting your IVA approved[:D]
We are made wise not by the recollection of our past, but by the responsibility for our future.
Posted: Tue Dec 11, 2007 10:45 am
by mikebdomain
Well done Chris26 - I hope that you will now continue to post your experiences with the IVA.
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Posted: Tue Dec 11, 2007 11:10 am
by debbiw
chris26. Did MBNA vote?
Posted: Tue Dec 11, 2007 1:50 pm
by Chris30
MBNA didnt vote as they sold my debt onto eversheds which did vote and they voted on 2 of my creditors with a "yes" so thats how I got my 75%.
Posted: Tue Dec 11, 2007 2:09 pm
by debbiw
Well done Chris! Your now one step closer to a debt free future. My meeting is on Monday, and I am also with Payplan. I am seriously nervous!!
Posted: Tue Dec 11, 2007 2:52 pm
by Chris30
Good luck debbiw, payplan are good from my experience with them. I was nervious as well, my meeting was at 11am and they rung me at 11:16 so I wasnt hanging about long. Let me know how it went.
Posted: Tue Dec 11, 2007 3:00 pm
by iva experts
Great News Chris, you can now focus on your debt free future ahead.
Debbie - all the best for Monday, Im sure that payplan would not have put your proposal forward if they didn't believe that your case has a chance of success.
Best Regards,
IVA Experts
http://www.iva-experts.co.uk/
Posted: Tue Dec 11, 2007 3:30 pm
by debbiw
i will let you know chris26. I will be a nervous wreck come monday.
IVA Experts - Thankyou..
Posted: Tue Dec 11, 2007 4:43 pm
by aguise
Congrats from me too Chris.
All the best.
Ang
Please visit my blog at
http://aguise.blogs.iva.co.uk/
Posted: Tue Dec 11, 2007 8:05 pm
by Martin2011
Congrats Chris and best of luck Debbi.... Tis a long journey you're starting but every month down is one step closer to complete freedom from debt. Keep with the forum, great support here and invaluable knowledge you may need from time to time...the best bit is those folk kind enough to let us all know when they complete succesfully....that'll be you guys sooner or later...!
Martin
Posted: Tue Dec 11, 2007 9:17 pm
by Shining
Congratulations Chris and best of luck to Debbiw, this forum is invaluable for us all and love to read the posts of IVA accepted. Be my turn one day (hopefully!).