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 How long to arrange a variation meeting?
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jen245
New Member



United Kingdom
17 Posts

Posted - 16 March 2010 :  16:24:47  Show Profile  Reply with Quote
Hi guys,
After much discussion with our IP, and having now submitted evidence of negative equity in our property, we have officially put forward an offer of full and final settlement to hopefully end our IVA. I just wanted to know roughly how long does it take to set up the variation meeting with creditors? We are with DFD if that helps. Thanks :)

Michael Peoples
Forum Expert



4561 Posts

Posted - 16 March 2010 :  16:26:18  Show Profile  Visit Michael Peoples's Homepage  Reply with Quote
I am not sure the timescale at DFD but I am sure Declan can answer this one when he sees it. I doubt it would be very long if you have provided all the required information. Good luck with the offer.

Michael Peoples | McCambridge Duffy Insolvency Practitioners www.mccambridgeduffy.com
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Declan at DebtFreeDirect
Forum Expert



United Kingdom
787 Posts

Posted - 16 March 2010 :  16:29:38  Show Profile  Visit Declan at DebtFreeDirect's Homepage  Reply with Quote
Hi Jen
I am more then happy to look into this for you. My email address is listed in my profile under the experts section. If you email me your details, I will look into this straight away.

Thanks

Declan Murray
Debt Advisor
Debt Free Direct - the UK's largest IVA provider.
http://www.debtfreedirect.co.uk/iva/iva
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jen245
New Member



United Kingdom
17 Posts

Posted - 16 March 2010 :  16:50:13  Show Profile  Reply with Quote
Thank you Declan, but we've only just submitted the offer yesterday, and I know it has been passed to the relevant team to deal with. The lady we've been dealing has been extremely helpful, and I just really wondered what the general timescale would be, if there is such a thing! Thank you guys for your support, it has been a long slog the last 4 years, but hopefully there is light at the end of the tunnell! XX
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Bridgewood
Forum Expert



United Kingdom
104 Posts

Posted - 16 March 2010 :  17:21:16  Show Profile  Visit Bridgewood's Homepage  Reply with Quote
Hi Jen,

No real set time scale but i am sure DFD will keep you posted and am sure Declan will be more than happy to chase things if you haven't heard anything soon.

Good luck

Our Website: http://www.bridgewood.co.uk

Bridgewood specialise in helping people deal with their debts and make the most of their financial situation - providing free, no obligation debt advice.

We can also setup a complete range of solutions including debt management plans, IVA and bankruptcy support.
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on -the -up
IVA Novice



44 month\s down 16 month\s to go.

United Kingdom
24 Posts

Posted - 16 March 2010 :  20:23:47  Show Profile  Reply with Quote
Hi Jen,

Just to let you know that i am with DFD and am also going through a full and final settlement, i put mine through in writing on the 16/2/10 with all the relevant paperwork they asked for, i had a phonecall last week to go through the proposal and am now waiting for the draft to sign off for the variation meeting to be arranged, so all in all i have been waiting for around a month with no firm date as of yet.

Hope this helps and gives you a rough idea, and good luck with your offer.

Rob

Edited by - on -the -up on 16 March 2010 20:26:44
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Declan at DebtFreeDirect
Forum Expert



United Kingdom
787 Posts

Posted - 17 March 2010 :  09:07:00  Show Profile  Visit Declan at DebtFreeDirect's Homepage  Reply with Quote
Hi Jen
On-the-up is correct re the timescales. I will keep an eye on it for you if you like (the same offer applies to you on - the - up as well!).

Thanks

Declan Murray
Debt Advisor
Debt Free Direct - the UK's largest IVA provider.
http://www.debtfreedirect.co.uk/iva/iva
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