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Shining

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Post by Shining » Tue Dec 04, 2012 9:21 am
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Thanks for the update Gemma x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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MelanieGiles

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Post by MelanieGiles » Tue Dec 04, 2012 11:47 pm
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Chairman's reports on variation meetings have to be submitted to clients within 4 days of the meeting - so all of you should know the outcome by Thursday at the latest.
Regards, Melanie Giles, Insolvency Practitioner
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Sebastian29

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Post by Sebastian29 » Wed Dec 05, 2012 6:48 pm
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Well it appears not all creditors voted in favour of the modifications. Fortunately enough of mine voted in favour. Now, when will I see my completion certificate!
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Niobe

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Post by Niobe » Wed Dec 05, 2012 7:47 pm
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I await tomorrows post with interest - had nothing yet.
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Sebastian29

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Post by Sebastian29 » Wed Dec 05, 2012 8:36 pm
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It would appear Max Recovery and other distressed portfolio folks voted for the modification whereas a few of the original creditors voted against (HSBC, RBS etc)
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Shining

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Post by Shining » Wed Dec 05, 2012 8:38 pm
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Be interesting to see if it's received. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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Niobe

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Post by Niobe » Wed Dec 05, 2012 8:50 pm
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If they vote against then there is nothing I can do about it.
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JulieJ

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Post by JulieJ » Wed Dec 05, 2012 9:35 pm
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Well got my letter and all creditors voted for the resolutions with the only modification by First Direct being that no variation fee be charged. Not even sure I understand the whole thing - just keep paying each month and praying for the end[?]
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MelanieGiles

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Post by MelanieGiles » Wed Dec 05, 2012 10:34 pm
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It will be also interesting for those of us in the profession to know how the voting went - large firms like Payplan often set the precedents for us mere minnows to follow!
Regards, Melanie Giles, Insolvency Practitioner
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