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Posted: Mon Mar 14, 2011 9:03 pm
by lokopaul
creditors meeting set for 25th march, getting a bit nervous now, the proposal says my creditors will receive 28% of what i owe, does this sound acceptable?

Posted: Mon Mar 14, 2011 9:09 pm
by kallis3
Hi,

Sounds ok to me and your IP would not be putting the proposal forward if they didn't think it would be accepted.

Good luck.

Posted: Mon Mar 14, 2011 9:09 pm
by Skippy
That sounds fine! Don't forget your IP wouldn't be putting the proposal forward if they weren't confident it would succeed.

Posted: Mon Mar 14, 2011 9:12 pm
by Shining
All the best for your meeting date and do let the forum know how you get on won't you. x

Posted: Mon Mar 14, 2011 9:13 pm
by lokopaul
thanks, i look on the downside of everthing so i suppose i,m convincing myself it wont be good news, must try to be a bit more positive[:)]

Posted: Mon Mar 14, 2011 9:53 pm
by Shining
I remember feeling the same but I'm sure the best offer has gone to the creditors so try not to worry and I know it's easy for me to say that but we're all here to support you so do use the forum as much as you want you're more than welcome. x

Posted: Mon Mar 14, 2011 10:03 pm
by lokopaul
thanks everyone, i will keep you posted

Posted: Tue Mar 15, 2011 7:55 pm
by MRBLUESKY
sounds fine to me good luck .

Posted: Wed Mar 16, 2011 7:14 am
by Julie.je
I can sympathise with the way you are feeling - its such a stressful time but everything will be fine. Good Luck x

Posted: Wed Mar 16, 2011 7:23 am
by andrea1968
28p in the pound is good-dont worry your iva firm know what they are doing.

Posted: Thu Mar 17, 2011 7:14 pm
by Paula.bg
OMG. We have our meeting on the same day. Your offer is far better than ours. We are so scared. What time is your meeting?

Posted: Thu Mar 17, 2011 11:25 pm
by kallis3
Don't forget that it's all individual Paula - your IP wouldn't put yours forward unless they were sure of getting it approved.

You'll both be fine.

Posted: Fri Mar 25, 2011 9:11 pm
by lokopaul
aggghhhhhhhh!!!! postponed for a week!!

Posted: Fri Mar 25, 2011 9:27 pm
by Shining
Oh no, but at least it's not negative. Hang in there and keep us posted. x

Posted: Fri Mar 25, 2011 9:28 pm
by Skippy
Oh no! Don't give up and let us know how you get on x