Credit Fix... again

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Nikl

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Post by Nikl » Fri Aug 17, 2018 1:29 pm
My full and final variation meeting is next Friday. I’m not thinking positively so I don’t feel devestated when/if it’s rejected. Anyway, I normally receive a letter telling me it’s at 12 etc (already had 5 due to paperwork problems). Then I receive an answer when I phone about 2. They have told me today they’ve stopped saying what time the meeting is as votes come in all day. So is it likely I won’t hear until the following Monday at the earliest? What is ‘normal’ with these meetings?

Foggy

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Post by Foggy » Fri Aug 17, 2018 2:07 pm
What is "normal" is to be given a date and a time --- the creditors must be given a stop time to vote, otherwise it could be intimated they have until midnight on the appointed day !
After a "normal" meeting you generally get the results within a couple of hours.

However, if you are with CF, nothing can be taken as following the norm. They are doing things their own way, contrary to the accepted and agreed conventions and, so far, are making a hash of it!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

abbiesmum2003

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Post by abbiesmum2003 » Fri Aug 17, 2018 9:01 pm
i was going to say similar to foggy....theres normal and then theres creditfix!!!!!

kallis3

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Post by kallis3 » Sat Aug 18, 2018 8:30 am
Normally votes are in before the meeting and I was always under the impression that they should be done by the time of the meeting and, if not, if it makes no difference to the outcome, creditors who don't vote, are bound anyway.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
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Nikl

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Post by Nikl » Sat Aug 18, 2018 9:44 pm
kallis3 wrote:
Normally votes are in before the meeting and I was always under the impression that they should be done by the time of the meeting and, if not, if it makes no difference to the outcome, creditors who don't vote, are bound anyway.
Is this for variation meetings for F&F?

Foggy

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Post by Foggy » Sun Aug 19, 2018 8:36 am
Nikl wrote:
kallis3 wrote:
Normally votes are in before the meeting and I was always under the impression that they should be done by the time of the meeting and, if not, if it makes no difference to the outcome, creditors who don't vote, are bound anyway.
Is this for variation meetings for F&F?
Yes, variation meetings for a F&F are broadly the same as other creditor meetings.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
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