dividend

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indebtforever

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Post by indebtforever » Wed Jul 09, 2008 11:49 pm
hi never was any good at maths [xx(]how do you work out what dividend you are going to pay in pence here for example

non preferential creditors=£72,018
available for creditors =£22,978
iva fees =£9,647

ive been trying the kids scientific calculator it must be broken [:D]
Last edited by indebtforever on Thu Jul 10, 2008 12:05 am, edited 1 time in total.
 
 

MelanieGiles

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Post by MelanieGiles » Thu Jul 10, 2008 12:07 am
It will depend whether the second figure is before or after fees, but assuming it is after you divide the £22,978 by the £72,018 to get 32p in the £.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Viki.W

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Post by Viki.W » Thu Jul 10, 2008 12:09 am
Hey indebtforever, how's it all going? Are you about ready to send your letter. I really hope it gets accepted. I'm rubbish at calculations but I thought it would be 31p in the pound?[?] X
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Viki.W

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Post by Viki.W » Thu Jul 10, 2008 12:10 am
Ooh, I got the calculation right just rounded it down!?
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indebtforever

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Post by indebtforever » Thu Jul 10, 2008 12:13 am
cheers melanie once again[:D] hi viki yes i have just finished and sealed the envelope it goes tommorow [:0] here goes another question if you dont mind soon i wont ask any and just give help were i can i hope [:D]if this is rejected things just return to normal and you can try again at a later date ???
 
 

Viki.W

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Post by Viki.W » Thu Jul 10, 2008 12:19 am
Stop apologising for asking questions, that's what the forum is for.....even though I can't answer it!!!!![:I][:D] Good luck. X
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MelanieGiles

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Post by MelanieGiles » Thu Jul 10, 2008 12:21 am
You can try as many times as you like, but obviously if creditors don't like it the first time they are not likely to like is a second time unless there has been a material change or improvement.
Regards, Melanie Giles, Insolvency Practitioner
 
 

indebtforever

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Post by indebtforever » Thu Jul 10, 2008 12:26 am
thankyou very much i think i will try a small larger and black [^]
 
 

Lisa2009

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Post by Lisa2009 » Thu Jul 10, 2008 7:57 am
Best of luck with it xxx
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