Distribution of creditor funds after F&F

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carrie

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Post by carrie » Sun Jun 23, 2013 11:05 am
Does anyone know at what stage the funds are distributed to the the creditors following the acceptance of an f&f? We had our offer accepted May 1st 2012 and paid the funds over that day. We are still receiving letters from our creditors showing outstanding balances. I forward them onto IP.

We are still waiting for our completion certificate due to ppi issues. We don't think we ever had any, but IP company need to satisfy themselves and the creditors.
Has anyone had dealings with Victoria Still as we have been waiting about 6 weeks for contact from her?

Carrie
 
 

Shining

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Post by Shining » Sun Jun 23, 2013 2:52 pm
Just going to bump this back up to see if anyone can offer some advice for you Carrie. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

carrie

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Post by carrie » Sun Jun 23, 2013 2:57 pm
Thanks Lesley
 
 

Little miss trouble

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Post by Little miss trouble » Sun Jun 23, 2013 10:46 pm
Hi my f and f accepted 14 jan. statement received 28 feb showing funds distributed. Waiting for cert now x
5 years done and dusted. Certificate received.
 
 

Michael Peoples

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Post by Michael Peoples » Mon Jun 24, 2013 10:04 am
You need to get back to your IP and find out what the delay is. There could be PPI or VAT issues causing a hold up but these can be addressed and the file shut down. It does seem like a long time to wait.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

carrie

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Post by carrie » Tue Jun 25, 2013 9:04 pm
I have chased IP a couple of times and am waiting for a response.
Can anyone answer the question are funds distributed once f&f money is passed across to IP as I can't understand why creditors are still contacting us if that is the case.

Regards Carrie
 
 

MelanieGiles

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Post by MelanieGiles » Tue Jun 25, 2013 9:15 pm
They should not be contacting you now - so let me know which ones are and we will sort them out. Some good news for you - I have scheduled your case for closure, as I cannot see any evidence that you have any PPI misspelling claims to make - and will contact you about this off-line to confirm the timescale we are now working towards.
Regards, Melanie Giles, Insolvency Practitioner
 
 

carrie

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Post by carrie » Tue Jun 25, 2013 9:54 pm
That's fantastic news, thank-you Mel.
Black Horse and Santandar have both contacted twice over the last couple of months. I have forwarded all letters to your office. They were always the most insistent creditors.

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MelanieGiles

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Post by MelanieGiles » Wed Jun 26, 2013 12:40 am
They are incredibly bad to carry on contacting you, and I will be having words.
Regards, Melanie Giles, Insolvency Practitioner
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