eversheds

[neverending]

Well you,ve missed my point this time Melanie !!!
I was stating that most meetings do not take place in terms of creditors attending.I am well aware of an actual"meeting" needed and of the need of a set timescale so that the proposal can be discussed[by phone if needed].Its just that Joe Public must actually think that a physical meeting actually takes place whereas in reality it does not.
regards

[MelanieGiles]

OK - one all!

Although I'm fairly sure that most IVA applicants are actually aware that a physical meeting of their creditors is unlikely to take place!

And from my experience, most clients are largely disinterested in these proceedings - just very keen to have assurance that their creditors will accept their proposals.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[neverending]

Hi
Well I don,t want to labour the point but I,m not sure if most people DO realise that the physical meeting does not actually take place but there again does it really matter ? Your quite right in that all that is of concern is a succesfully agreed IVA.
Going to sign off early tonight as I,ve worked all weekend and am starting at 6am tomorrow [think I,m feeling a bit sorry for myself]
Roll on the 9th MARCH !!!!!!!!!

[allan.f]

I was available on the phone 1 hr before,during and 2 hrs after the meeting.There was nothing that I didn't agree with.Wilson Phillips and Thomas Charles have acted professionally and effectivly throuought.
These meetings are "virtual" as the sheer volume of insolvencies these days would deem attendance impossible, definitly for the creditors, and impractical for the debtor as this would mean travelling upwards of 200 miles to stand near a fax machine for 30mins.As a guess these "meetings" are virtual and therefore not physically attended.These days most company "meetings" are held by conference calls,telephone,e-mails etc.As long as all involved are communicating the meeting is as valid, if not more so,than if everyone sat in a room,bored and waiting for the buffet lunch to arrive.
Allan

[allan.f]

PS.
I only asked who Eversheds are (lol)

[MelanieGiles]

But you contributed to a lively and useful discussion - which is what this forum is all about! Thank you for posting.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[stella]

I have just had three letters from Eversheds today saying my "accounts" have been passed to them on 9 February but I do not need to reply to them as they will be dealing directly with my IP. As far as I am aware these three creditors did not vote at the original meeting or the first adjournment, so I am worried as to the outcome of the final adjournment meeting on Monday. Any ideas on how they vote if poss?

Thanks

XX

[MelanieGiles]

Hi stella

No need to worry. The debts have merely been sold to a company called Max Recovery, who use Eversheds as their lawyers, and they are merely advising you of this out of courtesy.

Your IP will amend his/her records accordingly - and I can only speak personally but we have a very good working relatinship with Eversheds.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk