Lloyds TSB hurdle rate

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humblewoman

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Post by humblewoman » Tue Feb 19, 2008 7:48 pm
Ive been reading that HSBC expect 40p in each £, does anyone know what Lloyds TSB's is ?

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aguise

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Post by aguise » Tue Feb 19, 2008 8:00 pm
Hi there I dont think they have any hurdle rate, just a good fair proposal which is the best offer and solution for them. They were my biggest creditor and I have to say they didnt vote at all.

Ang
Last edited by aguise on Tue Feb 19, 2008 8:44 pm, edited 1 time in total.
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Lisa2009

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Post by Lisa2009 » Tue Feb 19, 2008 8:02 pm
Lloyds were hubbys biggest creditor and his IVA was accepted at 28p/£. I think as long as they are satisfied you are making your very best offer you shouldnt have much to worry about.
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carlmcmullen

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Post by carlmcmullen » Tue Feb 19, 2008 8:39 pm
Lloyds are best offer creditors.

Providing Lloyds dont have more than 75% of your total debt then you should not have a problem.
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