Update - i have received the proposal in the post this or morning.
I'm afraid to say IVA forum member that Melanie Giles has written the proposal in such a fashion I expect my full and final settle will not be excepted by my creditors.
I will now have to go away and complete a time line myself with all the supporting emails and information to present to my creditors so they hopefully can make a fair decision.
I am so so disappointed in the service i have had from this company.
Hi worried9876. It's worrying to hear that you are so dissatisfied with the service you feel you have received. I went through a F & F, and before anything was presented to the creditors. I provided very comprehensive details (and loads of documentary evidence) in my written request for a F & F. My company put the proposal together, and then forwarded it to me for scrutiny. I made minor amendments,then signed off the final draft and returned it to them. I recall that the creditors meeting was booked after they received this, as they had to ensure I was satisfied with the proposal going forward. Thankfully - it was accepted by all creditors. I would implore you to speak to Melanie directly first thing on Monday, as I cannot imagine that she or anyone in her company would submit a proposal not sanctioned by you. Best wishes going forward. x
IVA journey started: 30th March 2009. Settled: 17th July 2012. Completion Certificate received: 13th March 2013. Breathe. x
Hi again worried9876. I replied to this post, not realizing that you had started a number of other posts related to this issue.I'm a bit confused now, as I'm unsure whether you were checking whether the meeting has been booked and if the proposal has already been sent to the creditor. Either way, I hope it will be resolved soon. x
IVA journey started: 30th March 2009. Settled: 17th July 2012. Completion Certificate received: 13th March 2013. Breathe. x
I thought it easier to start a post per problem/question.
I gave the company a dead line as I had been waiting 12 weeks for a variation meeting.
The opening line on the letter I received is.
"Please find enclosed my variation report to the creditors for your information, the contents of which you will find self-explanatory."
It then goes on to inform me the creditors meeting will be on the 2nd of Nov 2012 at 10 am.
I really can't believe that i am getting this service from this company after it has been spoken of so highly by many of the forum members. The original reason i chose the company.
I am going to create a website which will include a time line with supporting emails of my journey with this company regarding the full and final settlement. I will hope to share this with my creditors and forum members to allow everyone to make there own mind up about what i now see as a potential terrifying life change for my partner and two young children. The fact that the creditors could vote by proxy this Monday morning to force me into bankruptcy.
Worried. Naturally I am totally in the dark about the details and the actual wording -- however, as I have said elsewhere, I am sure that you are still at liberty to withdraw what is, after all, your variation proposal.
Unless this is the result of a breach, but I get the impression from the fact that you set the deadline for this -- that it is YOUR proposal ... so withdraw it.
As for presenting the true course of events, you will, if it comes to that, have that opportunity in front of a judge .. and, if there is any doubt he / she will suspend proceedings.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Basically, whether to make you bankrupt or not is down to the judge. 9 times out of 10, these days, the debtor themselves have petitioned for BR, so it is a rubber stamp job. However, as in any case of civil law in this country, you have the right to defend your position.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Worried --- you have several threads running on this topic and my foremost thoughts are that you need to speak to Mel asap and, I hope, halt the proceedings before the meeting, in order to sort out the paperwork first.
We can only offer generic advice here as we are unaware of the facts ( which you would not want aired on a public forum in any event).
PLEASE speak to Mel or one of her team.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
So if I understand this, your IP has proposed a variation.
Creditors are perfectly and legally able to reject it,you've decided that the creditors will reject it and you will be petitioned for bankruptcy.
I highly doubt your IP of this standing on the forum would do a proposal thinking it would be rejected (life is life and yes it can happen, won't deny that)
Perhaps you should actually sit back and wait for the results before making assumptions and potentially starting up websites that could put you in far more trouble for other reasons.
Last Payment - November 2011 - Completion Certificate received 2 weeks after last payment, Removed from Insolvency Register within 4 weeks after last payment.
