Hi all Just wanted to let you all know that recently we finally got an f&f offer accepted for our IVA and our completion vcertificates arrived on friday. I've never felt such a relief but I'm sure many of you understand this feeling. Anyway I wanted to say thanks for everyone's help & support on her...

Foggy they said they thought all votes were in before the deadline but that this creditor voted bit later but still within the deadline. However they said there was a delay in this information getting to them and therefore by law had to consider their vote. They have appologised that we were misinfo...

Yes meeting with our offer of the extra funds arranged for next week as final attempt to persuade creditor who voted no. Unfortunately they hold more than half of our total debt so would definitely need them on board to have f&f accepted. Just acn't believe they could tell us yes until they were 100...

So after a very long wait we had our variation meeting last week. We received a call saying our offer had been accepted and that we would receive a completion certificate in 3-6 months but that a copy of the chairmans report would be sent out in the next few days. I can't tell you the relief me and ...

Then again I do nothing but stress at the moment...since we made offer in January

I think though,because our I&E shows we can no longer pay into an IVA they have to show that although we are not offering a lot t-that it ios still better than making us bankrupt. They have made it look better for them to accept the offer but I am just not sure it looks realistic. I thought it would...

It's not a bankruptcy clause. It's a comparison between the options. It shows it will cost them 15k to bankrupt is but if they accept our offer they will have 3% bit do you think they will believe it will cost them that much to bankrupt us?

Hi again, My variation proposal shows that bankruptcy would cost creditors 15k but does this sound realistic? It means estimated dividend to creditors would be 0% if they opted for this versus 3% if they went with our offer bt I can't help feeling like they might look at that figure and know differe...

Thanks Foggy

I wouldn't have thought so. They just asked for valuation and mortgage redemption figures from us. That's what they base it on. I'm sure they'd use same method for everyone or it wouldn't be fair.

I gave them all the documents they needed the day after making the offer and they still took this long. Then they said it was in 'checking' and should be out in 3days but a week and a half later when I called them it had been final checked and just sat there for the duration collecting dust. Annoyed...

Yes it's very stressful isn't it? They told me 3 months but it's actually even longer than that as we made offer end of January & only just had the paper work to sign. They now have to receive that back before they will book meeting which will be a minimum of 28 days as creditors need that much noti...

Thanks Foggy. I know no one can give me an actual answer but the creditors themselves but I just want to know we stand a chance at least.

Hi everyone. Another update after more chasing via email and phone from me to Payplan (who have really tried my patience) We now finally have the proposals and have signed and returned them today. However I am concerned what the outcome will be because it doesn't look good on paper. Creditors will h...

Thanks Micahel. I agree.Its not a complicated proposal so I can't understand the wait. They had valuation & redemption figure before it was even sent to the variation team to draw up the proposal & I sent wage slips the day they were requested. I am very stressed and I do understand we are not the o...