Monument

[booboo]

Monument are my largest creditor, i owe them about £9000, does anyone know how they vote at a meeting.
Wendy

[MelanieGiles]

Hi Wendy

They are generally a very supportive creditor, depending upon the quality of the proposal you have presented. They appear to go along with the minimum 25p in the £ criteria generally used.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[booboo]

Hi Melanie,
I haven't put my proposal together yet as i just got the first letter from my ip yesterday. In the letter he said as they were my biggest creditor we would need to talk about them. I was just a bit panicky i think. I won't be going for an iva but a trust deed instead.
Wendy

[MelanieGiles]

Wendy

I am sure your Scottish IP will have experience of Monument, but give him a call if you have any concerns. They do not generally cause much trouble South of the border!

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[Oliver]

Monument Credit Card are owned by Barclays Bank. I have never had a problem with this creditor (other than them not voting) either North or South of the Boarder.




Best Regards
Oliver

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