Quick question. I have spoke to my IP and he has advised that 2 of my creditors (Low value payday loans) haven't responded with a vote but have put a claim in.
Does this mean they are accepting the proposal?
Thanks
If they don't vote I would assume they are content to go with the majority and expect the IVA to be accepted. I doubt a claim could be construed as a yes vote.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Small creditors often just submit a claim without voting. Given the size of their debt they cannot influence the outcome so just go with whatever the bigger creditors decide.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
