Variation to settle IVA

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JB1520

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Post by JB1520 » Tue Jan 13, 2009 10:22 am
Worked out that is 82.6% of my debt agreed to the variation figure. Is that significant percentage??

Help!!
 
 

kallis3

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Post by kallis3 » Tue Jan 13, 2009 10:28 am
Don't know if it is the same as with a normal meeting, but that is 75% in agreement.

I think you are just going to have to sit tight and wait for that call!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

JB1520

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Post by JB1520 » Tue Jan 13, 2009 12:42 pm
As it stands only those two big creditors have responded by 12.40pm which accounts to 83% saying yes to variation. The meeting is at 2pm so possible that others arent bothering or leaving it late. Am I in a good position??
 
 

kallis3

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Post by kallis3 » Tue Jan 13, 2009 1:11 pm
Not too long to wait now! You'll just have to sit tight a while longer.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

MelanieGiles

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Post by MelanieGiles » Tue Jan 13, 2009 5:45 pm
If you have votes of 83% then it will be accepted, so long as no-one changes their mind.

Did you get my earlier e-mail?
Regards, Melanie Giles, Insolvency Practitioner
 
 

David Mond

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Post by David Mond » Wed Jan 14, 2009 7:54 am
You started another post which indicated your variation was accepted on:

http://www.iva.co.uk/forum/topic.asp?wh ... 366#161123
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
 
 

kallis3

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Post by kallis3 » Wed Jan 14, 2009 10:52 am
No point in keeping this open, so I'll lock it.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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