We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Max recovery

Does anyone know how they usually vote in an IVA f&f settlement?

Comments

  • Ladybird19 wrote:
    Does anyone know how they usually vote in an IVA f&f settlement?

    Is this the company you have used to set up the IVA or are they someone you have a debt with? :think:
  • pms
    pms Posts: 161 Forumite
    I think once you have signed a IVA with an insolvency practitioner they will then put the propsal of payment to your creditors and as long as a majority or a certain percentage of your creditors agree to it it will stand.
    DFW Nerd no. 177 :)

    ~ Car HP - £1447.41 still to pay - Final payment July 2008 :T

    ~ 26 monthly payments left of my Trust Deed :)

    ~ Clear Credit Report March 2012 :T

    PROUD TO BE DEALING WITH MY DEBTS
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.