variation mtg 29th feb - accepted !!

[MelanieGiles]

Eversheds are a very fair firm of solicitors, and I am sure that if they had know of you exact circumstances would have supported the offer. Your IP needs to provide further justification now for thevariation, which I am suprised was not included in his/her original report.

[aklmg]

hi,

i have faxed the original letter today and spoke to my ip and they said they will use this if required.

They are confident this will go through tomorrow around 11am today

I pray no rejection comes through now

Hope eversheds accept the proposal

i wont be able to sleep tonight

Thanks

[aklmg]

alsoe as suggested by melanie i will ask to adjourn the meeting for another 14 days if this does not go thorugh tomorrow to increase the offer by asking some more help from friends and family. i cant even imagine that since i have tried my maximum already

[Lisa2009]

Eversheds/Max recovery owned the most of my hubbys debt. His original promised dividend was 28p in the pound.
He put together on early settlement offer which dropped the dividend down to i think 25p in the £.
they did question this but eventually accepted the offer after a very short adjournment.
Now i'm not saying this works for everyone, just trying to point out that it could very well be accepted.

Fingers crossed and let us know how you go on.

mrs skint

[aklmg]

my d day today. i pray every thing goes well. i cant think of refusal

[Lisa2009]

Any news yet???


mrs skint

[aklmg]

just got back home and they have accepted my variation. thank you all.

[Shining]

oh that is good news for you, so glad it was accepted.

[Lisa2009]

Brilliant news well done.

mrs skint

[aklmg]

thanks, yes i am pleased that it is accepted. once i get the certificate of completion from my ip i will then inform the credit reference agencies. i can then start a new life.

[Lisa2009]

Hubby hasnt recieved his yet and the cheque was paid into DFD in December. It can take up up to 3 months.

mrs skint

[aklmg]

why is it taking 3 months. i thought it is within 7 days after completion. i need to update the credit ref agency record before 1st of april so that when my company does check for job they will see a completed iva instead of running iva.

hi andy/melanie

any advice would be much appriciated

[MelanieGiles]

I usually close mine within 4 days of the creditors meeting, providing I have the funds to hand. This saves having to do a Chairman's and then later a closure report.

There is no set time-limit for the closure I am afraid, aklmg, but do make sure that your IP is aware of your need for an early conclusion.

[aklmg]

Thanks Melanie, I will request my ip to do the closure soon

[emma_t]

Thats great news, I am so glad your offer has been accepted[:D]
Emma