Why are some full and final settlements declined ?

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julie.ty

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Post by julie.ty » Wed Oct 15, 2014 6:55 pm
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Why are some f and final settlements declined ?
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Foggy

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Post by Foggy » Wed Oct 15, 2014 6:57 pm
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Usually because the creditors don't feel they are getting near enough to the agreed dividend, or that they can see the opportunity to get more in coming years.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Adam Davies

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Post by Adam Davies » Thu Oct 16, 2014 11:13 am
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Hi

I agree with Foggy

Creditors will accept the offer if they consider it the best deal on the table at the time

Regards
Andam Davies
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