hi all had a rubbish week got a new job as my daute gter has autism so need better hours so i am home more my iva date was ment to be on the 12th of april but now needs re draughting and because i will be on less money i will only be paying 15p to the pound of my debt so dont even know if they will accept it feel sick with worry as each month seams harder and harder (((
15p in the £1 is about then dividend mine was so try not to worry, my IVA proposal was redrafted numerous times over a 6 month period because of changes in my job role and pay so I understand how stressful it is but take heart, now is the time to get it right before it starts!
thanks lem and lesley its driving me crazy just trying to do whats best for everyone and so scared they will say no nram is a biggest debt so know they will say six yrs in i prey will know by may xx
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.
Bob Marley. http://kallis3.blogs.iva.co.uk
NRAM are pretty reasonable now and any good IP will know this, they will not be willing to put forward a proposal if they were likely to refuse, as you are aware though, it is likely they will ask for 6 years, but have faith, it will all come good, just take your time to get your proposal spot on now and good luck!
Better to redraft and present it now, than get it accepted and then have to change the terms immediately. Your IP ought to be able to do this for you very quickly, and I would not worry about a 15p in the £ return - these days that should be more than acceptable, although you will probably need to agree to a 6 year term if NRAM are an influential creditor.
