Just wondered how long it takes to draft a variation document.

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Steven1001

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Post by Steven1001 » Fri Apr 17, 2015 2:56 pm
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Just wondered how long it takes to draft a variation document? Been waiting a week but didn't want to get straight on the blower!! Time is ticking ;)
There's more to life than money....but it does help!!

64 payments made. Full and final with payments made to date accepted on 26/05/15 :-) completion certificate received 17/06/15 :)
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Michael Peoples

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Post by Michael Peoples » Fri Apr 17, 2015 3:50 pm
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It depends on who you are with. Some take an age whereas others do it quickly. For example, we received an offer of a full and final yesterday and the variation report has gone out today as it is straightforward. It is not difficult to do but some firms seem to take an age.

If you have not provided all the info there could be genuine reasons for a delay but other than that a few days is ample time to draft a variation report.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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Foggy

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Post by Foggy » Fri Apr 17, 2015 4:18 pm
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I would say a couple of weeks, then give them a call --- most seem to take 2 - 4 weeks (some even longer).
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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Lisa Thomas

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Post by Lisa Thomas » Fri Apr 17, 2015 4:50 pm
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Hi Steven - I'm afraid Michael is right - it depends on your IP firm but as Foggy says I would wait another week then chase - 2 weeks is enough time to put something together or come back to you with any queries.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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Steven1001

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Post by Steven1001 » Fri Apr 17, 2015 11:30 pm
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Thanks guys, I'll give them another week and chase them up!
There's more to life than money....but it does help!!

64 payments made. Full and final with payments made to date accepted on 26/05/15 :-) completion certificate received 17/06/15 :)
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Foggy

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Post by Foggy » Sat Apr 18, 2015 9:49 am
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Best of luck with it, Steven.
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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Steven1001

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Post by Steven1001 » Sat Apr 18, 2015 2:14 pm
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Thanks foggy! :)
There's more to life than money....but it does help!!

64 payments made. Full and final with payments made to date accepted on 26/05/15 :-) completion certificate received 17/06/15 :)
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Steven1001

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Post by Steven1001 » Mon Apr 20, 2015 11:33 am
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Thanks foggy! :)
There's more to life than money....but it does help!!

64 payments made. Full and final with payments made to date accepted on 26/05/15 :-) completion certificate received 17/06/15 :)
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