Mine and my husbands F&F meeting is fast approaching and will be taking place this friday, its at 3pm.
I was just wondering if anyone has had any experience with CF with F&F offers and if i can expect a call on friday with an answer to whether our offer has been accepted or not.
We were with PJG and ofcourse i know if the meeting was being held with them we would know literally right away but with CF being a bigger company im wondering whether we will be forgotten about!
I have visions of not hearing a thing and having to go all over the weekend in limbo!
I can't comment on CF's procedures but I would give them a call at 3.15 to see how it went - I suspect all creditors that want to vote will do it via proxy so they should know the result by 3.00pm. They may even know already if some large creditors have voted and have the % and £ needed to sway it. It wouldn't hurt to call them now to find out what votes have been received so far.
Cheers both, to be honest im not holding out much hope of acceptance as we are offering creditors below what they would be getting if the IVA was to go full term, but CF have put it forward so we shall see what happens!
Fingers crossed. Creditors should also consider the saving on their own administration costs and those of the Supervisor and the simplicity of putting it to bed earlier.
Unfortunately our meeting had to be adjourned, we were told there were issues with the voting system and votes from the insolvency exchange were not received.
We have been told we should have an answer at the end of the week. To say we were disappointed was an understatement!
