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Posted: Thu Aug 21, 2008 1:30 pm
by gemma_r
meeting at 3pm!!scared stiff!!
what happens of the creditors want more and i cant afford it will it be refused???
Posted: Thu Aug 21, 2008 1:41 pm
by aguise
Hi gemma and welcome to the forum. All the best for your meeting. I am sure all will be fine.
If they ask for more and you cant afford then stick to yours guns there is no point in accepting an unaffordable amount as your iva will just fail. It will not necessarily fail as i have seen some not accepting and creditors have agreed to the original amount. Your Ip should fight your case should this happen.
Try not to worry see what happens. keep busy and let us know how you get on.
Ang x
Posted: Thu Aug 21, 2008 1:55 pm
by gemma_r
thanks its just a nightmare isnt it!
if its not accepted is my only aternative going bankrupt?
Posted: Thu Aug 21, 2008 1:59 pm
by aguise
No you could always do a dmp for a while and retry for an iva at a later date, also there is talk of the new sivas coming in at somee point soon which require only 50% of creditor agreement to be agreed.
Do you have assets to lose in bankrupcy, will it affect your job, if not it may be the way forward. BUT you havent got to that point yet so try to stop worrying and hopefully all will be wel.
Ang x
Posted: Thu Aug 21, 2008 2:01 pm
by aguise
Sorry about the rotten typing the sun is on my screen (a very rare occurence with the present weather we have been having)
Ang x
Posted: Thu Aug 21, 2008 3:42 pm
by Viki.W
Good luck Gemma, any news yet? X
Posted: Thu Aug 21, 2008 4:10 pm
by gemma_r
Thank god its been accepted, had to increase by £26 but thats ok!!!
over the moon, feel a bit hysterical at the mo, what a relief!xx
Posted: Thu Aug 21, 2008 4:10 pm
by Viki.W
That's great Gemma, now you can relax and celebrate! X
Posted: Thu Aug 21, 2008 4:12 pm
by gemma_r
Think ill be having a beer tonight!x
Posted: Thu Aug 21, 2008 4:14 pm
by debtmountain
Brilliant News Gemma [:D][:D] You must be feeling so relieved. enjoy your Evening celebrating [:D][:D]
xx
Posted: Thu Aug 21, 2008 4:18 pm
by Skippy
Congratulations Gemma!
Posted: Thu Aug 21, 2008 4:20 pm
by chris.g
Well done Gemma, great news, [:D]
Posted: Thu Aug 21, 2008 4:32 pm
by angela18
brilliant news.. feels good doesn't it[:)]
Posted: Thu Aug 21, 2008 4:35 pm
by moretolife
gemms...what great news for you...there are a lot of celebrations going on today...IVAs GCSEs...wow....
Posted: Thu Aug 21, 2008 5:58 pm
by tori
[:D]wonderful news gemma,congratulations!you must be so relieved.enjoy your celebrations[:D][:D]!!