calm before the storm..gonna need support

[cat 1]

vertually identical happened to me.i'm in 6 year iva too.i thought my world had collapsed when they initially said no, but it hadn't so hang in there.cat x ps hsbc and NR were the one's who needed persuading

[debbiw]

Hi Shazzles, Hang in there! I'm sure things will be fine on friday.

[Shining]

Oh Shazzles, not the news you wanted but all is not lost, as Cat 1 says virtually identical happened to her. Hopefully, it will turn out right in the end. x

[kitty]

Try and stay positive Shazzles.
Good luck for Friday
Kitty x

[TREES57]

Hi Shazzles,just wanted to wish you luck for Friday.We have just been accepted by Melanie who is going to represent us,we are just in the process of gathering all the relevant paprwork and then i guess it's a waiting game too.Hope all goes well xxxxx

[shazzles]

Thanks for all your kind words. Im gonna need all the support i can get to get me through these next few days. I dont think i can cope with this waiting game much longer. What chance have i got that hsbc will accept 32p in the £ anybody know??!?

[MelanieGiles]

It is a well known fact that HSBC have a 40p in the £ hurdle rate, so I am suprised that the case was put forward on the basis of 22p, however maybe the bank will see the commercial sense of a settlement in your case rather than bankruptcy proceedings. Presumably DFD told you that there was a risk of rejection?

[shazzles]

Hi Melanie
Well DFD did not warn me of a rejection, no. I called them again this afternoon and said to them that i had heard that HSBC had a 40p hurdle rate and they said that a few cases that they have had in the last few weeks had been accepted with a below the 40p hurdle rate so we will wait and see. I said to her that i would be willing to go to higher payments if needs be and she said that we will do that if the need arises..watch this space!quote]Originally posted by MelanieGiles

It is a well known fact that HSBC have a 40p in the £ hurdle rate, so I am suprised that the case was put forward on the basis of 22p, however maybe the bank will see the commercial sense of a settlement in your case rather than bankruptcy proceedings. Presumably DFD told you that there was a risk of rejection?
[/quote]

[MelanieGiles]

Well that is really interesting, seeing as I was talking to their voting representative just last week who assured me that the hurdle rate is still firmly in place - as you can see from your own experience.

I will very interested to learn the outcome of this, especially if they agree to accept your revised offer. Please keep us informed of developments.

[luluj]

I had the same issue with DFD and my biggest creditor saying no- DFD were super in getting them to change their minds, for me it meant I had to make a couple of extra payments .....hopefully they will be as good for you!

Luluj

5 down 55 to go!

[shazzles]

Hello all
Oh wow i thought i had lost my posts then i look and i have a brand new heading and a new reply, how did the heading happen??!?! Well i called DFD still no news as such but turns out that my newly adjourned meeting is now tommorrow at 12.15pm instead of Friday which is what i was originally told, wonder if that is a good omen? Lulu, thankyou so much for your reply, it makes me feel a bit lesser on edge. My head is in so many bits at the moment as you can all imagine, be right here for me guys and pray, please..

Sharon
x

[kitty]

Good luck for tomorrow then Shazzles!
Keep us posted.
Kitty x

[Skippy]

Good luck tomorrow Shazzles x

[aguise]

Hope all goes well today shazzles.

Ang x

[debbiw]

GOOD LUCK TODAY SHAZZLES, LET US KNOW