does anyone know how the insolvency exch tend to vote in full & final meetnings ? my IP has told me that they tend only to vote in the final days before the meeting, which is 2 weeks away; my IP has agreed reduced fees to try and get the F&F accepted and one creditor has voted to accept already.
thanks in advance for any replies
Last payment made April 2012
Certificate received 1st Nov 2012
I think they are ok, they will have bought your debts at a reduced price so I imagine they will be happy to accept your offer. Your IP sounds as though they think it will be ok. I'm surprised that you have been told of a positive vote already though - most IP's won't tell you beforehand.
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
The insolvency exchange voted on ours 100% to agree a variation to end ours after the 5 years due to drasticly reduced earnings, we had to wait until the day after the meeting for max recovery, a bit of a heart stopping 24 hrs but all fine. Good luck x
ITS OVER WE ARE FINALLY DEBT FREE, CERTIFICATE ARRIVED
If your offer is the best one available, you ought to get their support. They are a very commercial outfit, and have good people working in their variation team.
