F&F Duration

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Dan2991

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Joined: Thu Jun 13, 2019 9:46 pm

Post by Dan2991 » Wed Jul 03, 2019 11:29 am
Hi

I have put forward my f&f to my company.

They are saying it's going to take upto 8 weeks to draft the proposal then a further 30 days for the creditor meeting.

Is this correct just seems like a very long time

Foggy

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Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Wed Jul 03, 2019 12:16 pm
It is a long time. It usually takes 6 - 8 weeks for the whole process.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

Dan2991

Posts: 32
Joined: Thu Jun 13, 2019 9:46 pm

Post by Dan2991 » Wed Jul 03, 2019 12:50 pm
Yeah so I'm a little confused and not happy about it. I won't know the decision until September.

I would call them again and ask questions about it but I got lucky today because usually I'm on hold for at least 1 hour

Foggy

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Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Wed Jul 03, 2019 2:49 pm
I am afraid that hurrying them will not speed them up and antagonising the person who is going to put the best case for acceptance forward is not a real good idea. The best thing would be to wait it out.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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