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Posted: Thu Jan 14, 2010 9:54 pm
by Nix2010
When submitting an offer - how long does it take to got through and find out if the offer is accepted or rejected?
Im sure its different case to case however and idea would be great?
Posted: Thu Jan 14, 2010 10:05 pm
by Shining
Hiya, as you say it is case specific and I know there are some professional posters on forum so hopefully they may be able to give an average for their company.
Posted: Thu Jan 14, 2010 10:50 pm
by kallis3
I agree with Lesley. It's all down to your IP, and they do have to convene a creditor meeting so could be a few weeks.
Posted: Thu Jan 14, 2010 11:18 pm
by MelanieGiles
Are you talking about an offer once an IVA is up and running, or an offer in a brand new IVA?
Posted: Fri Jan 15, 2010 11:23 am
by kallis3
Nix is talking about a full and final Mel.
Posted: Fri Jan 15, 2010 8:42 pm
by MelanieGiles
OK - it should not take more than a couple of months if you have the funds being offered readily available. Some IPs would probably do this a lot quicker if the need was urgent.
Posted: Fri Jan 15, 2010 9:40 pm
by Nix2010
Thanks everyone - your a great help