help needed please!

onetomany

hi ive got my iva meeting in the morning and im pooing myself , im really scared they gonna refuse it, m not sleeping and i am really stressed any advice welcome thanks

moneysavingplumber

Is there any reason you know of why they might refuse it? Unless you have a creditor that's known to obstruct IVAs then you should be ok. My meeting was over before I knew it, the creditors had phoned in their modifications and agreed before I even got there, so I wouldn't fret too much, it'll all be over soon! Good luck!

onetomany

ta im not going 2 meeting just gonna do it over phone do they normailly agree on what you offer?

moneysavingplumber

I'm not sure what the acceptance rate is, the better the IVA firm the higher the acceptance rate. As long as it's the creditor's best option for a return then they would usually accept, unless they are a company that routinely rejects, but even then they have to be a majority creditor by value.

taplady

Good luck with the meeting this morning! Nobody went to mine - me neither! :rolleyes: in fact they had trouble getting an answer from any of the companies so had to do it twice I think but it went through ok.

Useless_with_wonga

Any result yet? Hope it goes your way.

onetomany

hiya peeps me well chuffed they accept at the rate which i aplied £200 cheaper than the company advised me, so at the age of 38 i will be debt free forever!!!!!!!!!! thanks for your lovely advice and good luck to those who are aplying

moneysavingplumber

Well done!

DebtFreeDan

Good luck with your IVA , you'll be debt free around the same age as me!!
:beer: