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Posted: Sat Jun 27, 2015 7:45 am
by Anette.73
Is it true that it's impossible to get an IVA if Hitatchi finance is your main creditor?
Posted: Sat Jun 27, 2015 9:47 am
by Foggy
If they hold a controlling vote ( by value) and are adverse to IVA's it could be. You need 75% of votes on the day to say Yes.
Posted: Mon Jun 29, 2015 9:21 am
by Lisa Thomas
You could always call and ask them their criteria...? I would like to think it depends on how attractive the proposals are compare to Bankruptcy but every creditor has a different criteria and I have not had any real dealings with Hitachi to comment specifically about them.
Posted: Mon Jun 29, 2015 9:31 am
by Dave Bowman
Hi
Hitachi vote via Addlestone Keane solicitors and they alawys reject unfortunately.
As Foggy says, you need 75% of the voters to say yes so make sure you know your exact balances!