Applied for IVA. Sick with worry

judojub

moneysaver09 wrote: »

I didnt mean to worry you, its just cccsva told me to avoid natwst because of my debt with tsb.
Then again ive also told them i opened a new account with hsbc, but they didnt tell me that they will probably send me a letter to close it!

I am opening a co-op one in case hsbc send me a letter to close my account

You have not worried me moneysaver. I am constantly worried about everything all the time anyway.!!! My IP didn't mention a connection between Lloyds and Natwest. I didn't think they were connected! I will however be looking into the cashminder account now just incase:(

FoggyBrain_2

From the Lloyds web site:

Lloyds TSB Bank plc, Lloyds TSB Scotland plc and Bank of Scotland plc (members of Lloyds Banking Group), are authorised and regulated by the Financial Services Authority. FSA authorisation can be checked on the FSA’s Register at: https://www.fsa.gov.uk/register/home.do. Lloyds TSB Bank plc, Lloyds TSB Scotland plc and Bank of Scotland plc are members of the Financial Services Compensation Scheme and the Financial Ombudsman Service.

From the Nat west web site:

We are a member of the Royal Bank of Scotland Group (the Group). For information about our Group of companies please visit www.rbs.com and click on 'About Us', or for similar enquiries please telephone 0131 556 8555 or Minicom 0845 900 5960.

FoggyBrain_2

No offence moneysaver ... but CCCS are talking tosh!

judojub

My gosh. I did panic a bit lastnight didn't I!!. I went a did a typical Jub all over a poxy bank account. LOL. Thanks Foggy. Natwest are indeed RBS and Lloyds are BOS. I got myself all confused and confuzzled! (must remember to keep my wobblys under control)!

judojub

Just been told that I should receive our proposal early next week. Is there anything in particular that I should keeping an eye out for when reading through it?? If anyone can think of anything I would love a heads up!

FavDaughter1

Hi, glad you're getting the bank account sorted!

re the proposal, read it through and if in any doubt about any of the wording make a note then ring and ask your team. don't be afraid to ask a question, much better to feel a bit embarrassed than sign something your locked into for the next 5 yrs!

things are moving forward for you:T

judojub

FavDaughter1 wrote: »

things are moving forward for you:T

HiHi. How are you now?? Getting back to some kind of normality? Or is is still sinking in? You're a free woman now they hey!:j
Things are moving forward very quickly indeed. GT are certainly not dragging their heels, I'll give them credit for that!
Nerves are really setting in now though. :eek:

FavDaughter1

Hi, i still feel it's sinking in! but we feel much happier,brighter and have slept better!

we've got to get going re paying Mum& Dad now but at least creditors are off our backs,it was very stressful as you know! it felt an age to me while waiting but you're doing well.....moving forward;), a much better place to be!

i've seen some very positive posts re GT so you're in safe hands,lots of luck, keep posting,i'll watch for your creditors date.

FoggyBrain_2

Most IVA proposals these days are Protocol Compliant -- so all much of a muchness. Keep an eye out for the equity clause, if there is one, and make sure you understand it. Also, one variation creditors like : under a PC proposal overtime and bonuses are usually dealt with by disregarding the first amount equivalent to 10% of your normal income and the rest is split 50/50. Some proposals still use the old formula whereby there is no 10% disregard and the lot is split 50/50. If, like me, you get very little in the way of overtime and / or bonuses it makes little difference.

Have a read through and feel free to come back and ask as many questions as needed.

On the bank wobbly ---- I guess it would have been much easier to use the initials, RBS and BOS ---- even had myself going in the end !!!!

judojub

Glad things are finally on the up for you FavDaughter. The world is your oyster now!!!
@ Foggy. LOL. My over reactions to the smallest things do have a horrible way of rubbing off on people! I do thank you so much though you've been great.