Page 1 of 1
Posted: Mon Sep 27, 2010 12:18 pm
by ppiquestion
Hi our creditors meeting is on Thursday morning this week I am so nervous about it not being approved...does any one know any that have been rejected and for which creditors?
Posted: Mon Sep 27, 2010 12:43 pm
by liamjames
Hi underpressure!
Don't worry - your IP will only have put your proposal forward if they thought it had a high chance of being accepted.
Creditors may insist on modifications, but (at least in our case) they only reject a very low percentage of the proposals we put forward.
Best of luck!
Liam
Posted: Mon Sep 27, 2010 1:21 pm
by kallis3
Good luck for Thursday, I'm sure you will be ok.
There's no hard or fast rules as to how creditors vote, but your IP must be confident of it being accepted.
Posted: Mon Sep 27, 2010 2:39 pm
by Tina Shortland
Best wishes for Thursday underpressure - be sure to let us know how you get on.
regards,
Posted: Mon Sep 27, 2010 3:27 pm
by Sinking Fast
Hi Underpressure,
If you have a pulse its quite normal to be nervous up to the build up of your creditors meeting.
Rest assured your IP will have submitted the best offer to your creditors, and few get rejected.
Be prepared for modifications, and post back to let us all know the outcome.
Gd Luck.
underpressure wrote:
Hi our creditors meeting is on Thursday morning this week I am so nervous about it not being approved...does any one know any that have been rejected and for which creditors?
Posted: Mon Sep 27, 2010 4:54 pm
by baldy
Yes best of luck, im sure things will be fine.It will be the start of a new beginning.
Looking foward to ours, i know that sounds strange but i think sometimes we feel abit in limbo at the moment waiting and guessing if it will be excepted. I guess what will be will be.
Good luck.
Posted: Mon Sep 27, 2010 7:35 pm
by Broke of London
GOOD LUCK DUCK!!!!
I'm sure you have a great chance of being accepted, your IP wouldn't have proposed you otherwise.
Nerves are soo normal. So is looking forward to it baldy! I felt like I was being given a second chance at life and at the same time was wondering "how did I get here"? But if you are at this stage you know you are doing the best thing for your future and that can only be good.
Let us know how you get on.
Posted: Mon Sep 27, 2010 8:01 pm
by Lou74
Good Luck from me too! I'm also playing the waiting game, so I know exactly how you feel
Let us know what happens
x
Posted: Mon Sep 27, 2010 10:45 pm
by Shining
All the best from myself too, and do let us know how it goes won't you? x
Posted: Mon Sep 27, 2010 11:06 pm
by leaKybrain
Good luck from us too, we are starting the whole process at the moment, so it will take a few weeks before w are at the same place you are.
Let us know how you get on.
Posted: Tue Sep 28, 2010 10:34 pm
by ppiquestion
Thank you everyone I will let you know how we get on. Don't know what to do if its rejected tbh!!!
Posted: Tue Sep 28, 2010 10:58 pm
by Shining
The best offer will be on the table so fingers crossed here for you x
Posted: Wed Sep 29, 2010 7:37 am
by Pandy
Fingers crossed for tomorrow for you. Let us know how it goes.
Posted: Wed Sep 29, 2010 11:15 am
by St75
Good luck from me as well. As everyone said above, your IP will only put forward a proposal that s/he is confident in getting approved. And yes, being nervous is normal. Hopefully by the time tomorrow your nerves will be replaced with relief.