www.iva.co.uk

I have just called Grant Thornton and given my Full and Final offer to end my IVA.
Variation meeting scheduled for next Thursday!!

I am very nervous!!

Good luck Joniva, we will be keeping everything crossed for you

Let us know how you get on

Thanks Kelly, will keep the forum posted [:)]

They must be calling you next week to discuss the variation as it would be impossible to go to creditors in less than a week.

Yes you are right Michael. The call is with GT variations team to go through I&E before going to creditors

Well, I had my variations meeting on Thursday which was a 45 minute telephone call with my IP to go through I&E.
The F&F offer amount was submitted, and the IP confirmed that it was a good offer and they couldn't see creditors rejecting it - veru nice to hear!

Had to email my latest pay slip and a letter from the third party offering the money, then its onto the next step...

Stage 1 (variations meeting) complete

IP will now contact all creditors with the offer and arrange the meeting for them all to vote accept or reject. I have been told this can take up to 3 months to arrange and I will need to carry on paying my monthly amount.
I was also told that the PPI claim process wont be a problem if I sign a 'Mass Variation Form' which is being posted out to me. This wont delay the completion certficate being issued.

Probably wont hear from my IP for a while then, but at least the ball is now rolling!!

Good luck, keep us posted

Good luck from myself too.

If they reject go back to them. GT told me the same then. GT rejected but went back to them and have today been accepted. Good luck

If they are varying the terms of the proposal anyway, why do they need to call another meeting to deal with the Mass Variation. Doesn't make sense, and they should consolidate the two processes in the one meeting if they deem both processes are relevant to your case.

Hi Melanie,
Not sure they are organising a meeting for mass variation....I was just tiold that they would send me a form to sign which allows me to get my CC without delay of the PPI claims being undertaken by EIC.
The meeting they mentioned was for creditors to vote on the F&F

Its been nearly 3 weeks since submitting my F&F offer to GT but haven't heard anything yet regarding whether the creditors have agreed....how long does this normally take?

I think that only GT can answer that one joniva. Have you tried calling them recently for an update?

Creditor meeting happened yesterday to agree the F&F.
It has been accepted!! [:D]

Congratulations Let's hope the CC follows sometime this year