Full and Final

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luluj

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Post by luluj » Sat Jan 02, 2021 6:08 am
Wish you well and good luck with your full and final offer.
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"

Jellybeans

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Post by Jellybeans » Sat Jan 02, 2021 2:38 pm
Thank you lulu.

I will keep you updated on my progress.

Jellybeans

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Post by Jellybeans » Wed Feb 03, 2021 5:38 pm
Good evening

My creditors meeting took place today at 10:00 am. I hadnt heard from cf all day so gave them a call to get an update.

I was told they were still waiting for some of the creditors to vote. 3 have already voted in favour but they will chase the remaining ones.

Is this normal practice? And can it takes up to another week?

Foggy

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Post by Foggy » Wed Feb 03, 2021 5:45 pm
To be honest, it is difficult to tell what is happening when CF are dealing. We see numerous instances where these delays are explained using various, sometimes conflicting reasons for the same instance. It also seems to be that this only happens regularly with CF cases. I suspect it has something to do with the unique ways they seem to approach things.

That all said, when they have done whatever they are doing, they do seem to usually turn things around and come up with the goods.
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

kallis3

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Post by kallis3 » Wed Feb 03, 2021 5:58 pm
Fingers crossed!
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

Jellybeans

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Post by Jellybeans » Wed Feb 03, 2021 10:03 pm
Thank you for the guidance.

I'm just need to start thinking ahead once and if CF accept my f&f offer.

My redundancy funds will be paid by my employers in April which I am using as f&f.

If I was to start job hunting now and got offered a role to start in May does that have any impact to my f&f iva. I just want to know if cf would still expect me to repay the remaining funds of my redundancy into the iva even if a f&f settlement has been approved.

kallis3

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Post by kallis3 » Wed Feb 03, 2021 10:15 pm
Once the full and final has been accepted, your IVA is completed pending your completion letter (which can take up to six months) but I doubt CF would chase you for anything. You would not have to tell them if you had a new job.
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

Jellybeans

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Post by Jellybeans » Thu Feb 04, 2021 11:46 am
Just received confirmation from CF my full and final offer has been accepted by my creditors which is a great relief and weight off my shoulders. I can now start to focus on my health and mental wellbeing and look forward to doing things that I couldn't before with my children.

CF wont get the funds til April as I'm.working a 3 month notice period so redundancy wont be paid til April which they are aware of and have all supporting letters from.my employers.

Thank you to everyone who has commented and support thos forum. I wont be coming off just yet as I will update on when I will receive my completion certificate and when they remove their registered interest from.the property register.

kallis3

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Post by kallis3 » Thu Feb 04, 2021 12:13 pm
Brilliant news jellybean - really pleased for you. Stick around anyway and your advice could be invaluable to other posters.
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

Foggy

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Post by Foggy » Thu Feb 04, 2021 12:26 pm
Great news .
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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