Full and final creditors meeting voting results

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Kool_73

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Post by Kool_73 » Thu Aug 26, 2010 10:35 pm
Hi

I got confirmation in writing that my full and final offer was accepted by my creditors on August 16th.

Heres how the voting went, My iva companys variation fee was reduced from the originally requested £600 to £300.

LLoyds TSB 17 K loan voted yes
Rest Credit cards 12K voted yes

Was suprised that i had a loan from nation wide 17K they didnt vote at all.

And finally had two credit cards from Amex 4K in total they voted against my full and final offer, am very happy that this vote didn't influence the outcome.

The full and final was agreed by a majority of 84%!!

In the end the original dividend to creditors was 34p at the start of the IVA. My full and final offer of 32p was accepted.

:)
 
 

kallis3

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Post by kallis3 » Thu Aug 26, 2010 11:02 pm
Excellent news,congratulations!
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.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

phil732

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Post by phil732 » Thu Aug 26, 2010 11:08 pm
well done from me as well, its a great feeling
 
 

Shining

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Post by Shining » Fri Aug 27, 2010 6:29 am
That is great news and thanks for sharing the voting with us. All the best for your debt free future. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

Adam Davies

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Post by Adam Davies » Fri Aug 27, 2010 10:50 am
Hi
Great news and a good result for all
I wonder why Amex voted against ?
Regards
Andam Davies
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