f&f meeting

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Chris30

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Post by Chris30 » Fri Feb 03, 2012 5:37 pm
Hi all, I'm in the process of going for f&f and got a date set for the end of the month.
Does anyone know how it works? Was wondering if some creditors failed to accept/reject the offer, what would be the outcome? I take it no one really turns up for this 'meeting' as it seems to postal?
 
 

kallis3

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Post by kallis3 » Fri Feb 03, 2012 6:17 pm
Hi Chris,

I think it is the same as a creditor meeting. As long as 75% by volume vote on the day then you should be ok.

Good luck!!!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
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Rosepetal

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Post by Rosepetal » Fri Feb 03, 2012 7:15 pm
hi, it's mainly done by fax,just like your 1st creditors meeting. if your IP's put it forward it should have a good chance.

good luck.
Nothing stays the same...everything changes..hang on in there!
 
 

luluj

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Post by luluj » Fri Feb 03, 2012 7:21 pm
Kallis right - 75% of those that vote on the day have to be in favour of the F&F offer. Good luck !
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

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Chris30

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Post by Chris30 » Fri Feb 03, 2012 7:30 pm
Thanks. I'm getting very frustrated at the moment as the letter for the offer went off to creditors but then the ip decided that I needed to increase the offer massively due to increase in income even though this was all known prior to the first offer being made. So far I feel like it is the shambles and hasn't been handled professionally.

My offer has now been increase on the terms that the date doesn't change.
 
 

MRBLUESKY

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Post by MRBLUESKY » Fri Feb 03, 2012 7:32 pm
Good luck Chris.
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