should i ditch cf and try another comany if so can you recommend a good one...had a really sleepless night last night. This process is taking far too long and now a month behind on payments. Going to try and pay as much as possible this month to hopefully keep the wolves at bay. just so fed up with ...

you mean its not going down well with ES?

they hold a 53% stake in my proposal but seem to be dragging thier feet. They havnt met any creditor voting deadlines and cf tell me they are negotiating with them. Not sure they will vote yes but the dividend is about 35p in the £.

<t>Hi<br/> I learned yesterday that a large % of my creditors vote belongs to Eversheds. Now i think im right in asuuming that this is the company that votes on behalf of TSB or thier legal team or somthing. Anyway,as i said they hold enough voting power to sqaush my iva and worried it wont be accep...

If your meeting hasn't been held yet I can only presume sufficient creditors have already rejected your proposals, for you to state it has been rejected. In which case why don't you ask your IP to tell you why creditors have voted against it? this is compicated to explain...my creditor meeting was ...

so this "chairmans report" is it generated everytime a creditors meeting is held or only when the outcome is rejected/accepted. Ive been in touch with cf and they said it will be available after my meeting on the 4th sept.

ok guys thanx...im going to see what the report says...

Yes it is an attractive dividend but the figures don't quite seem to stack up. Where are the assets coming from to fund the dividend and there doesn't seem to be much allowance for any costs. Your IP firm should be able to tell you why creditors rejected your IVA proposals. so if the monthly paymen...

is 39.01p in the £ a good return for creditors? is this the usual amount on a £10,500 Iva at £90 per month? if so why was my iva rejected.

You submitted the original proposal and the meeting was then adjourned several times, while CF tried to get more creditors to vote positively --- they failed and, as I understand it, a creditors meeting can only be adjourned a set number of times. This has happened and they are suggesting submittin...

You submitted the original proposal and the meeting was then adjourned several times, while CF tried to get more creditors to vote positively --- they failed and, as I understand it, a creditors meeting can only be adjourned a set number of times. This has happened and they are suggesting submittin...

Another of CF's failings is communication ... you might need to call them. just had a call from cf...they want me to re submit the proposal as they've said there wasnt enough support for it to go forwards,when i pushed they said it was lack of voters...not sure what to do now. Ask them for the Chai...

Foggy wrote:

Another of CF's failings is communication ... you might need to call them.

just had a call from cf...they want me to re submit the proposal as they've said there wasnt enough support for it to go forwards,when i pushed they said it was lack of voters...not sure what to do now.

kallis3 wrote:

You may be ok.

well the meeting was scheduled for 2pm and i understand this can change and i've not heard anything yet.

Have CF told you why it was rejected ? If you are looking at a DMP I would suggest one of the "charity" firms like Payplan or Stepchange, as they do not charge fees on DMPs, being funded by the banks. Hi foggy. my credit meeting was ajourned twice and hopefully taken place today as its 14 days from...