I have been made redundant and have put forward a F&F offer via my Mum to CF, has anybody got experience specifically with CF and tell me how long the process took with them? also if the offer is rejected can another offer be put forward or can the creditors fail the IVA'S?
Also what happens with PPI ect as ours is still ongoing with allay
Inter-locking IVA approved 25th Feb 2013 - F&F offer Accepted 06th July 2017 - Completion Certificate received 20th July 2017
A variation should be drafted within 21 days, then the creditors have to be given 21 or 28 days notice --- however, some firms take longer. PPI should be dealt with, as and when, under a Deed of Assignment.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Foggy wrote:A variation should be drafted within 21 days, then the creditors have to be given 21 or 28 days notice --- however, some firms take longer. PPI should be dealt with, as and when, under a Deed of Assignment.
Foggy the Deed of Assignment does this refer just to the PPI or any other windfalls as well? the reason I ask is the PPI firm have written to us to say it could take another 2 years for our PPI claim to be finalised which I feel is a very long time!! would this mean if I was to come in to any other windfall (not that I am expecting to) would this also be taken? after a completion certificate is received.
Inter-locking IVA approved 25th Feb 2013 - F&F offer Accepted 06th July 2017 - Completion Certificate received 20th July 2017
Foggy wrote:A variation should be drafted within 21 days, then the creditors have to be given 21 or 28 days notice --- however, some firms take longer. PPI should be dealt with, as and when, under a Deed of Assignment.
Foggy the Deed of Assignment does this refer just to the PPI or any other windfalls as well? the reason I ask is the PPI firm have written to us to say it could take another 2 years for our PPI claim to be finalised which I feel is a very long time!! would this mean if I was to come in to any other windfall (not that I am expecting to) would this also be taken? after a completion certificate is received.
Only PPI and similar survive the completion certificate as this was an asset during the IVA ---- if you win the lottery or Great Aunt Matilda leaves you her millions AFTER the date of issue of the certificate it is all yours.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I just hope the communication with them starts to improve as it is stressful at best trying to get replies from them!! I have just read they now have an office in Mauritius which could be why the customer service team in Glasgow will never transfer you to speak to a case officer.
Inter-locking IVA approved 25th Feb 2013 - F&F offer Accepted 06th July 2017 - Completion Certificate received 20th July 2017
I just hope the communication with them starts to improve as it is stressful at best trying to get replies from them!! I have just read they now have an office in Mauritius which could be why the customer service team in Glasgow will never transfer you to speak to a case officer.
To be honest, communication is their biggest failing.
Office in Mauritius ?? I am guessing that is where the CEO lives and there are massive tax advantages to be had !!!!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Well to my surprise, I received an email from CF at 6am this morning which I think confirms this is being dealt with overseas, My Mum only emailed with the offer yesterday and they have confirmed a Creditors meeting has been called for the 6th July!!
is this normal for this to happen so fast?
Inter-locking IVA approved 25th Feb 2013 - F&F offer Accepted 06th July 2017 - Completion Certificate received 20th July 2017
Yes ! My creditors meeting was also scheduled very quickly with CF and they emailed me pretty much straight away after the meeting to give me the great new
And they emailed me Thursday from the closures department to give me an update on how things are progressing and that they were sending out my Certificate etc on Monday
All In all a very swift transition....... Well done CF !
Good luck harrysmum
Loved Money, Hate Credit, Road to Recovery.... IVA started 3/3/14 -- IVA F&F accepted 18/5/17
Yes ! My creditors meeting was also scheduled very quickly with CF and they emailed me pretty much straight away after the meeting to give me the great new
And they emailed me Thursday from the closures department to give me an update on how things are progressing and that they were sending out my Certificate etc on Monday
All In all a very swift transition....... Well done CF !
Good luck harrysmum
Great news -- well done !!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
harrysmummy78 wrote:Well to my surprise, I received an email from CF at 6am this morning which I think confirms this is being dealt with overseas, My Mum only emailed with the offer yesterday and they have confirmed a Creditors meeting has been called for the 6th July!!
is this normal for this to happen so fast?
Wow -- from recent experience it does seem that, once they do get their skates on they go ! It is just a matter of finding those skates ! Fingers crossed
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Yes ! My creditors meeting was also scheduled very quickly with CF and they emailed me pretty much straight away after the meeting to give me the great new
And they emailed me Thursday from the closures department to give me an update on how things are progressing and that they were sending out my Certificate etc on Monday
All In all a very swift transition....... Well done CF !
Good luck harrysmum
Ah Well done ridingthestorm massive relief for you I am sure!
I am very worried about it all to be honest I do not really understand the figures that are being put forward and I just hope I have been advised correctly, The meeting will happen before I have finished working my redundancy notice.. back to the pre-IVA nerves now
Inter-locking IVA approved 25th Feb 2013 - F&F offer Accepted 06th July 2017 - Completion Certificate received 20th July 2017
I just hope the communication with them starts to improve as it is stressful at best trying to get replies from them!! I have just read they now have an office in Mauritius which could be why the customer service team in Glasgow will never transfer you to speak to a case officer.
To be honest, communication is their biggest failing.
Office in Mauritius ?? I am guessing that is where the CEO lives and there are massive tax advantages to be had !!!!
For the avoidance of doubt the CEO of Creditfix does not live in Mauritius.
massive relief for you I am sure!
