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by Exhasperated
Sat Jul 23, 2022 1:07 pm
Forum: full and final settlements
Topic: Full and final offer treated as additional assets?
Replies: 12
Views: 11384

I thought I would give a final update if it can help anyone: Final payment made on 4/3/22 and I have received the completion certificate on 14/7. Insolvency register received the completion on 18/7 and 2 out 3 credit reference agencies already updated the records to show the IVA is completed. I know...
by Exhasperated
Sun Mar 13, 2022 4:23 pm
Forum: full and final settlements
Topic: Full and final offer treated as additional assets?
Replies: 12
Views: 11384

Just a quick update. All accepted on 3/3/22, all creditors voted in favour of full and final but votes against the £300 for the variation fee. Considering it took over three months from the offer, I couldn’t be happier right now. They did admit to mistakes across the board on previous paperwork, and...
by Exhasperated
Fri Feb 04, 2022 6:54 pm
Forum: full and final settlements
Topic: Full and final offer treated as additional assets?
Replies: 12
Views: 11384

Thank you Foggy. It has been a drama from start to finish , so I have to doubt everything they say. If this is practice it is not an issue, it is just that in November when they sent the first pack, they only showed deductions for my bonus, now only for the full and final but nothing from the bonus....
by Exhasperated
Fri Feb 04, 2022 4:27 pm
Forum: full and final settlements
Topic: Full and final offer treated as additional assets?
Replies: 12
Views: 11384

3853 then £4200 F&F. Also another £665 bonus in the meantime, which is not accounted for on paperwork yet. 10.3 The Supervisor will charge on the sole basis of a fixed fee of £1,750.00 (this is the Supervisor’s Fee). The Supervisor’s Fee will be charged across the life of my arrangement on a monthly...
by Exhasperated
Fri Feb 04, 2022 3:15 pm
Forum: full and final settlements
Topic: Full and final offer treated as additional assets?
Replies: 12
Views: 11384

So supervisors fees are deducted twice?
I really don’t understand it, the supervisors fees have already been deducted as an entry on its own, and pro rata as they only had to actually supervise the arrangement for as long as it lasts.
by Exhasperated
Fri Feb 04, 2022 12:15 pm
Forum: full and final settlements
Topic: Full and final offer treated as additional assets?
Replies: 12
Views: 11384

Appealing to the knowledgeable in here. I put a F&F forward early November, long story short the meeting was adjourned 3 times and rejected for lack of votes as the creditors were never provided what they asked for. After a lot of emails and calls they set up another meeting for March. I looked at t...
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