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Posted: Tue Feb 19, 2008 7:48 pm
by humblewoman
Ive been reading that HSBC expect 40p in each £, does anyone know what Lloyds TSB's is ?
Thanks
Posted: Tue Feb 19, 2008 8:00 pm
by aguise
Hi there I dont think they have any hurdle rate, just a good fair proposal which is the best offer and solution for them. They were my biggest creditor and I have to say they didnt vote at all.
Ang
Posted: Tue Feb 19, 2008 8:02 pm
by Lisa2009
Lloyds were hubbys biggest creditor and his IVA was accepted at 28p/£. I think as long as they are satisfied you are making your very best offer you shouldnt have much to worry about.
Posted: Tue Feb 19, 2008 8:39 pm
by carlmcmullen
Lloyds are best offer creditors.
Providing Lloyds dont have more than 75% of your total debt then you should not have a problem.