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Posted: Thu Nov 20, 2014 10:55 am
by Steve.123
I've got the date for my creditors meeting on December 5th at 11.30 my brother has offered to pay £1500 to pay off my Iva as only have 20 months left. I feel really nervous now about it now and I speak my IP a lot at mcCambridge Duffy but they don't really tell me if it's a good offer or not. If Michael people's cones across my post would be grateful if you could look at my case . Thanks
Posted: Thu Nov 20, 2014 11:34 am
by Michael Peoples
Hi Steve. It is a potentially tricky variation but we will be doing our best to get it approved. Creditors do not usually vote until right up to the day of the meeting so we will not know for sure until the 5th but if there are any queries or votes we will let you know as soon as they are received. I will certainly be keeping my fingers crossed.
Posted: Thu Nov 20, 2014 12:03 pm
by Foggy
Fingers crossed for you Steve. I am sure McCD will do everything they can to get it through.
Posted: Thu Nov 20, 2014 12:45 pm
by Steve.123
Thanks for your reply Michael I know it's the best my brother can offer and it's not fair away to what I owe for the last 20 months . Just going to keep my fingers crossed just worry what will happen if it fails that's all. Im offering 19.76 £ to settle IVA. Has anyone settled around that figure before. Thanks foggy for your kind words x
Posted: Mon Dec 01, 2014 1:17 pm
by Steve.123
Only few days to go before my meeting Friday morning , getting nervous now about it . Just hope my brothers offer will be enough to settle !
Posted: Mon Dec 01, 2014 1:33 pm
by Foggy
Chin up -- positive thoughts
Posted: Mon Dec 01, 2014 1:40 pm
by Steve.123
Thanks foggy I'm really trying had a very difficult 12 months in my life think this would give my life closure from my ex . I know I'm offering nearly 20p in the £1 but my original is 25p in the £ so not fair off the mark
Posted: Mon Dec 01, 2014 4:09 pm
by Shining
Good luck for the 5th from me too. You've a good company behind you so that is a positive. Be good to know the outcome if you want to share x
Posted: Tue Dec 02, 2014 9:00 am
by welshwiz
Good luck on Friday, fingers crossed for you
Posted: Tue Dec 02, 2014 9:47 am
by plasticdaft
Fingers crossed for friday.
Paul
Posted: Tue Dec 02, 2014 11:17 am
by SUC
Must you have all creditors accept proposed settlement figure or is the 75% the target figure
Posted: Tue Dec 02, 2014 12:43 pm
by Michael Peoples
It is the same as any meeting and 75% of the 'cash' voting must vote in favour.
Posted: Thu Dec 04, 2014 6:51 pm
by Steve.123
Thanks for all the support guys keeping my fingers crossed that it will get excepted tommorow .