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Voting houses

Posted: Tue Apr 24, 2018 7:13 pm
by bridgey
What/who are voting houses?

Re: Voting houses

Posted: Tue Apr 24, 2018 7:22 pm
by Foggy
bridgey wrote:
What/who are voting houses?
They are. I believe, organisations who handle the voting on behalf of creditors, like Tix and Max Recovery, as well as the likes of Grant Thornton.

Re: Voting houses

Posted: Tue Apr 24, 2018 7:25 pm
by bridgey
Foggy wrote:
bridgey wrote:
What/who are voting houses?
They are. I believe, organisations who handle the voting on behalf of creditors, like Tix and Max Recovery, as well as the likes of Grant Thornton.
Thanks. Our major creditor are, I understand, being represented by a voting house. Not sure if this is +\- regarding our offer?

Re: Voting houses

Posted: Tue Apr 24, 2018 7:29 pm
by Foggy
Over half of my creditors were represented by these organisations -- they all voted yes. They can look at the proposal in a more detached way and will decide purely on the economics without seeing the account history.

Re: Voting houses

Posted: Wed Apr 25, 2018 1:44 am
by luluj
Same as foggy half of our creditors used voting houses...fingers crossed your iva will be approved very soon x

Re: Voting houses

Posted: Wed Apr 25, 2018 8:42 am
by kallis3
Same with us as well. Good luck!