CF closures after a f&f

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starbucksqueen

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Post by starbucksqueen » Mon Jul 06, 2015 3:06 pm
Hi all

Has anyone had any experience with CF after a f&f has been accepted?

We had ours accepted in May but have heard nothing since. I have emailed closures but I know they can be slow to get back to you.

Does anyone know what the next stage is with CF once the cheques are cashed?

Thank you x
F&F accepted on 29.5.15
CC received 9.7.15
 
 

Lisa Thomas

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Post by Lisa Thomas » Mon Jul 06, 2015 3:24 pm
Hi helping to bump this up for you as I do not know what CFs timescales are likely to be.

FYI Closure times seem to vary from a few weeks to 6 months according to other posts on this forum.

I would suggest you keep the pressure on and call your IP firm to ask about progress.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
 
 

Foggy

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Post by Foggy » Mon Jul 06, 2015 5:01 pm
From the experiences of others with CF I gather that the normal scenario is utter silence and then a completion certificate appearing out of the blue! On the whole they do not appear to take too long, I would give it three months and then hound them :-)
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

starbucksqueen

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Post by starbucksqueen » Tue Jul 07, 2015 8:13 am
Thanks both, will see if i get an email back from closures with any guidance, if not will give them a call :)
F&F accepted on 29.5.15
CC received 9.7.15
 
 

Lisa Thomas

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Post by Lisa Thomas » Tue Jul 07, 2015 10:00 am
I would hound them everyday until they are sick of you and send it just to stop you calling...!
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
 
 

starbucksqueen

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Post by starbucksqueen » Tue Jul 07, 2015 10:34 am
haha that did make me laugh Lisa! I had an email back this morning to say mine and my husbands cases are being closed this week and the final reports will be in the post....Fingers and toes crossed we get them soon! xx
F&F accepted on 29.5.15
CC received 9.7.15
 
 

Lisa Thomas

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Post by Lisa Thomas » Tue Jul 07, 2015 10:49 am
great - almost there!
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
 
 

MrsR

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Post by MrsR » Tue Jul 07, 2015 11:18 am
Hi Starbucksqueen,

When our F&F was accepted, we paid the funds by bank transfer, requested receipt of these via phone and email from CF, of which they did both within 48 hours of payment.

I then requested to know how long for distribution and certificate etc and they told me the creditors have 4 weeks to claim their dividend, and after that they get distributed, the closure team then does their thing and certificate come out.

Sometimes the creditors can be quicker or take longer than expected with the dividend claim, but CF stated that they set a firm deadline they must meet, else they can lose out.

It could be that they are waiting for someone to make a claim from your funds?

I rang daily to ask for updates lol !
Started IVA 27th Feb 2012 - Due to complete 27th Jan 2018 !!

Full & Final submitted and accepted 30th March 2015, paid 10th April 2015 - 3 yrs 1 month into IVA :)

Completion Certificate received- 30th April 2015!!
 
 

starbucksqueen

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Post by starbucksqueen » Tue Jul 07, 2015 11:42 am
lol MrsR! We are fast approaching the 4 weeks now since funds were received so that would make sense!

I shall be stalking the postie over the next couple of weeks!!
F&F accepted on 29.5.15
CC received 9.7.15
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