I have submitted my FF. What is the likelihood of it being accepted ?

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Lee.27

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Post by Lee.27 » Thu Mar 31, 2016 7:00 pm
F&F offer.

I have submitted my FF and have my meeting on the 12th and one of the creditors have said no but I was told that hold a low count in terms of votes but can someone give me advice in regards to what happens and what is the likelyhood of my FF being accepted as I'm 51st month in of 60 months any way and just want it out the way as its getting me down and my family have stepped in with the FF offer.
 
 

kallis3

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Post by kallis3 » Thu Mar 31, 2016 7:08 pm
Hi,

You can never tell how these things go - your company must be happy about it so fingers crossed and good luck!!
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
 
 

Foggy

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Post by Foggy » Thu Mar 31, 2016 7:23 pm
It is impossible to say. I have seen low offers accepted and also very generous ones refused!

Best of luck for the 12th .
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Lisa Thomas

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Post by Lisa Thomas » Fri Apr 01, 2016 1:21 pm
Its up to creditors to decide. You will need 75% in value of those VOTING to accept for it to go through.

Best of luck.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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