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Posted: Wed May 11, 2011 10:26 pm
by Red
Hi
I am having a variation meeting this Friday for a full and final settlement, I was wondering, if it is accepted is the 3rd party able to pay the money the same day or do they have to wait for any paperwork to be sent through??...its just that if it is accepted I would like to have it all paid asap.[?]
Thanks
Posted: Wed May 11, 2011 10:32 pm
by kallis3
Hi Red,
Fingers crossed that it is accepted. If it is, then pay the money across asap so that it can be finalised. I don't think you will have to wait to do that.
Posted: Wed May 11, 2011 11:05 pm
by Lisa2009
Hubby had his accepted and drove over and handed the cheque in LOL
Posted: Wed May 11, 2011 11:37 pm
by MRBLUESKY
Hello Red when the offer fingers crossed is accepted,you will get a letter stating the terms of the variation,there will be a cut off point when the funds are to be recieved,we are talking months not weeks,you will get a phone call on the day of your variation meeting ,the same as you did on the day of your creditors meeting.the second you get the all clear it as been accepted you can pay the lump sum from the third party on the day .good luck.
Posted: Wed May 11, 2011 11:44 pm
by Red
Thanks very much everyone. LOL @Lisa2009
Posted: Thu May 12, 2011 12:01 am
by MRBLUESKY
What times your meeting Red.
Posted: Thu May 12, 2011 12:06 am
by Adam Davies
Hi
It will take your IP several weeks to actually conclude your IVA but the sooner they have the funds the sooner that they can do this
Good luck
Regards
Posted: Thu May 12, 2011 4:37 am
by Shining
Good luck for Friday x
Posted: Thu May 12, 2011 6:18 pm
by Red
My meetings at 1:30pm...I really hope it does go through...just been informed where I work is being closed down (public sector cuts), I'm currently on leave and my manager called me at home!..no idea how I would continue paying it if it wasn't accepted!!
Posted: Thu May 12, 2011 6:26 pm
by Rosepetal
hi, good luck with the meeting. our F&F IVA was done by Mel Giles,she requested that my parents sent the money to her before the date so that it could be sorted quickly.
i'm sure you'll be ok,thinking of you
Posted: Thu May 12, 2011 6:30 pm
by MrsKnight
Hi Red, Im just catching up & just want to wish you lots of luck for your meeting & I look forward to hearing some good news from you soon!
Keep us posted x
Posted: Thu May 12, 2011 6:43 pm
by kallis3
Thinking of you - looking for a positive post tomorrow!
Posted: Thu May 12, 2011 7:35 pm
by luluj
we paid our F&F over on the same day and this ensured we then did not have to pay our monthly payment five days later ! It is then a clear road to a debt free life !
Posted: Thu May 12, 2011 7:36 pm
by Grumple
Good luck for tomorrow! Hope all goes well.
Posted: Thu May 12, 2011 7:42 pm
by Judo
Best of luck Red!