Posted: Mon Apr 02, 2007 4:08 pm
Hello Again
Approaching the final hurdle, creditors meeting arranged for 17th April, nerves really kicking in now, nothing to do but wait and pray [88][88][88]
In the meantime most of my creditors are leaving me alone, except, MBNA and HFC Bank.
MBNA have sent me four letters listing all the disadvantages of an IVA and advising me to pay them a mutually agreed lump sum payment, the only problem is where do I get the lump sum from and what about my other creditors [?][?][?] , forwarded all their letters to Grant Thornton [:u][:u][:u]
HFC Bank keep ringing me demanding a payment, I keep telling them, going for an IVA, IP is Grant Thornton, etc, etc, they just don't seem interested. I had a guy on the phone yesterday, he told me, 'if only one creditor votes against the IVA, it will not go through', I told him, thats not true, it has to be >25% by value voting against, he said 'that's nonsense, I know better than you I'm dealing with IVA's every day', I told him, 'why don't you phone Grant Thornton' and tell them they are giving me incorrect information', he said he didn't need to do that because he was right [V][V][V]. He then went on to say, 'even if the IVA is approved, interest and late charges continue to be added for 3 months after the approval date', once again I told him, 'you are giving me incorrect information', at this point he said, 'look are you making a payment or not, because if you don't I can't be held responsible for the consequences', at this point I politely told him I wasn't prepared to continue the conversation, 'what will be, will be on the 17th April', and I hung up.[}:)][}:)][}:)]
It just shows what lengths some of these companies will go to to squeeze a payment, I would not have known this guy was giving me incorrect information had it not been for this forum, it's good to read all the experts comments, it has been a great help and comfort to me for the last 6 weeks, thank you one and all.
15 days and counting to Creditors Meeting [:-(][:-(][:-(]
Approaching the final hurdle, creditors meeting arranged for 17th April, nerves really kicking in now, nothing to do but wait and pray [88][88][88]
In the meantime most of my creditors are leaving me alone, except, MBNA and HFC Bank.
MBNA have sent me four letters listing all the disadvantages of an IVA and advising me to pay them a mutually agreed lump sum payment, the only problem is where do I get the lump sum from and what about my other creditors [?][?][?] , forwarded all their letters to Grant Thornton [:u][:u][:u]
HFC Bank keep ringing me demanding a payment, I keep telling them, going for an IVA, IP is Grant Thornton, etc, etc, they just don't seem interested. I had a guy on the phone yesterday, he told me, 'if only one creditor votes against the IVA, it will not go through', I told him, thats not true, it has to be >25% by value voting against, he said 'that's nonsense, I know better than you I'm dealing with IVA's every day', I told him, 'why don't you phone Grant Thornton' and tell them they are giving me incorrect information', he said he didn't need to do that because he was right [V][V][V]. He then went on to say, 'even if the IVA is approved, interest and late charges continue to be added for 3 months after the approval date', once again I told him, 'you are giving me incorrect information', at this point he said, 'look are you making a payment or not, because if you don't I can't be held responsible for the consequences', at this point I politely told him I wasn't prepared to continue the conversation, 'what will be, will be on the 17th April', and I hung up.[}:)][}:)][}:)]
It just shows what lengths some of these companies will go to to squeeze a payment, I would not have known this guy was giving me incorrect information had it not been for this forum, it's good to read all the experts comments, it has been a great help and comfort to me for the last 6 weeks, thank you one and all.
15 days and counting to Creditors Meeting [:-(][:-(][:-(]