Do you know what nram have been like at the moment ?

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robson2732

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Post by robson2732 » Sun Mar 25, 2012 8:04 pm
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Do you know what nram have been like at the moment we have our date for our I v a on the 12th of April and they will have the majority vote
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MrsR

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Post by MrsR » Sun Mar 25, 2012 8:33 pm
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Hi Robson,

Nram were my largest creditor with majority vote.

We had our meeting 27/02/12 and they only asked for a small modification of an extra £12 to be added onto our monthly payment.

Other than that, and the 12 month extension as we have no equity at present, they were fine. Grant Thornton voted on their behalf and was approved within 5 minutes .
Started IVA 27th Feb 2012 - Due to complete 27th Jan 2018 !!

Full & Final submitted and accepted 30th March 2015, paid 10th April 2015 - 3 yrs 1 month into IVA :)

Completion Certificate received- 30th April 2015!!
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Broke of London

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Post by Broke of London » Mon Mar 26, 2012 2:09 am
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I haven't heard much about them lately which suggests they aren't causing problems!! Trust your IP to have written a persuasive proposal!! x
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kallis3

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Post by kallis3 » Mon Mar 26, 2012 8:14 am
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I don't there have been many problems with them recently. I'm sure you'll be fine on the day.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
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http://kallis3.blogs.iva.co.uk
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lem

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Post by lem » Mon Mar 26, 2012 9:34 am
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From what I have seen NRAM seem to be a lot more amenable to IVA's now, a few years ago I think they were very against them, would always refuse to accept, but now they tend to accept them, but usually ask for more modifications and an extra year
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Tina Shortland

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Post by Tina Shortland » Mon Mar 26, 2012 11:13 am
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I can't speak for other IPs but I know Melanie doesn't seem to have a problem getting IVAs accepted with NRAM as majority creditor - I am sure you will be fine.

Good luck for the 12th.
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.

If you’re looking for effective debt related information, articles and news, then go now to our on-line advice service at www.debtadvicetv.com

If you’re ready to ask us for specific advice or help, then get in touch at www.call-me.debtadvicetv.com so you can start to free yourself from the stress and anxiety of overwhelming debt.
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