Hi All
we have finally had our variation meeting for a F&F. it has been accepted!! This is such a relief.
i would like to say that credit fix have been good to us and we had no issues with the F&F.
Now we just have to see how the completion process goes!
Thanks to the forum who have been a great help throughout our IVA!
Thank you.
Yes we did sign them and all variations were accepted by creditors.
I was concerned the creditors wouldn't accept the settlement because of the t&cs but they did.
Mummyx2. I hope you don't mind me asking but did creditors agree that CF could increase their fees to 23% from the 15% charged by Melanie and how much was the variation fee? Did they also allow 50% of the PPI monies to be returned to you as I am very curious how they view these things?
Feel free to contact me directly if you do not want to say on the forum and I also understand if you do not want to say anything.
Hi
the terms of increase of fees was accepted by all the creditors. They didn't have anything on ppi but my variation reports did give a cost to reviewing ppi. i will contact and check if we get 50% of the ppi. However i don't think we have any.
We have to make the payment within 28 days however my parents will make the payment tomorrow. Sooner the better really!
I still can't grasp the fact the creditors are just accepting a 8%increase in fees? why is it ok for big firms but not the independent smaller ones? It un-nerves me I can see this being a new PPI debacle in years to come?
