FANTASTIC NEWS!!!
Just phoned DFD for outcome of creditors meeting held today and it’s been approved. I have come off the phone and burst into tears, am shaking as cannot believe it, I had convinced myself that it would be rejected, I really had. I took the day off work today and purposely didn’t set my alarm (as I hoped to have a lie in so could sleep a bit of the morning off) but guess what, was awake at 7am and couldn’t get back to sleep!!
I cannot begin to describe how I am feeling, I am still shaking and am so so relieved and although I know it’s going to be a hard five years am prepared for it and going to make sure it works, as have learnt and still learning a hard lesson, I never want to be in this situation again. I just feel like I can start to live again now and get back of control of my life. Once the information has filtered through, which will apparently take a few weeks, I can start to pick up the phone again without worrying and not worry when the post arrives. At the moment I unplug my phone when family or friends visit to ensure I don’t receive any awkward phone calls when someone is here!!
I will post details of chairman’s report when I receive it but the outcome of the meeting was:
Modification from proposal of £211 per month to £226, which is still achievable and workable for me. Of all creditors who voted, they all voted yes. These were Natwest/Royal Bank Of Scotland (who were the deciding factor as they owned approx 54% of my total debt), Capital One and Egg, the other creditors did not vote and most of them except for one were for varying amounts of approx £1000 and lower. I am so thankful and grateful to the creditors who did vote yes in giving me this opportunity.
A big thank you to everyone on this forum who have offered good sound advice and support and have not been judgemental, I shall continue posting on this site, hopefully offering advice when I can. This site has been a godsend and I do not know what I would have done without it. Wish I had someone I could talk to and phone to tell them, but have made a decision not to tell family and friends, which I am keeping to, wanted to sort this situation out myself and not have family and friends worrying etc.
Good luck for tomorrow stoney, as know it is your meeting tomorrow, will be thinking of you too and hoping for a good outcome for you!
