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Posted: Mon Jan 24, 2011 5:59 pm
by alfiej35
Hi I have a date for meeting on 31st what normally happens do they normally just vote it in or do they normally make amendmants to it
Posted: Mon Jan 24, 2011 6:09 pm
by kallis3
Hi,
Firstly, good luck for the 31st!
Secondly, your creditors will vote by phone or fax, sometimes before the day but you won't find out the result until after the time of the meeting. If there are to be any amendments then you will be informed of them when you get the call to say whether it has been approved or not.
Posted: Mon Jan 24, 2011 6:13 pm
by Broke of London
Hi and good luck x
Most ammendments are about IP fees so nothing for you to worry about.
Posted: Mon Jan 24, 2011 6:13 pm
by nepensioner
Hi
Just to add, if there are modifications that affect your repayments, you will probably get a phone call to discuss and agree before the creditors meeting ends, if the modifications do not affect your payments then it is likely your IP will agree them. Hope this helps and good luck
Posted: Mon Jan 24, 2011 6:17 pm
by kallis3
We were told about ours after the meeting ended, but even if you do have modifications (which are usually to do with IP fees so nothing for you to worry about) you have 14 days to think about them.
Posted: Mon Jan 24, 2011 10:35 pm
by Shining
Hi, hope the 31st brings a positive result for you and trust you'll let us know? x
Posted: Wed Jan 26, 2011 11:39 am
by kfromkk
Hi
best of luck for 31st, everything crossed for you.
Posted: Wed Jan 26, 2011 9:32 pm
by MelanieGiles
Most modifications are not actually about IP fees - they are usually about minor issues that are unlikely to affect you and often which are already provided for within the IVA proposal if creditors had cared to read it.