www.iva.co.uk

Hi my variation for full and final offer was done this morning at 10am, I haven’t Hurd anything and I don’t want to call them in case it’s bad news.

Will they call me ??

Thanks

They should call shortly -- but some are more remiss than others. It would be as well to chase them -- you have to know one way or another ... good luck.

I’m
So nervous iv got butterfly’s this is such a massive decision. I’ve waited since August to get to this point.

I'm sure you will be fine - I'd give them a call though so you can put your mind at rest.

Ok
I’m
Going to call
Now

I called them and they said they can see anything updated on the system so the variation team will call me back before 4pm.

Hope you get a reply soon.

They rang me back and she said they are waiting on an urgent email back from creditors next. App they have to be ok with it before it’s agreed.

They said if they don’t call me back by 4pm then they haven’t had a reply from next.

Is this normal as I thought the votes had to be in by 10.00 am

Help

Thanks

It sounds to me like they didn't get any/sufficient votes by the deadline, in which case they may have to adjourn it.

I did try and digg out information she did say the other creditors that voted voted in favour and it was down to next now.

It’s a joint variation she said my husbands was fine it was just mine.

So Next must have voted against then and must have over 25% in value of the creditors that voted..?

Otherwise if they did not vote, and all other creditors that voted did so in favour the variation would be approved...

(you need 75%in value of creditors that VOTE to approve a variation)

I can only think your IP is asking them to alter their vote...?

Ask for a better explanation.

I am over the moon varaifion has all been accepted.

Will be sending money to them to get the ball rolling.

I’m so excited I’m looking forward to a debt free future.

6 months of worrying!! I can now relax a little.


Thanks

Congratulations -- time for a celebration this weekend

Fabulous news - so pleased for you.

Thankyou for all your help and support.