HSBC will be one of the voters(if they vote) as they are tied up with M & S money.They are suppose to insist on a 40p per £ hurdle or something that they wouldn't relax?? Can't recall where I saw that on this forum. But someone with an HSBC debt recently got a YES vote even though there was ,less than 40p in the pot. Best to check with your IP to see what HSBC's acceptance criterias are. Apart from them I can't see any other problems with your creditors
<<My motto:I am proud of black culture and is against racist bigotry>
Last edited by Skipper on Mon Nov 26, 2007 11:06 am, edited 1 time in total.
Hi I have just been on the telephone for one and a half hours to Clearstart. The proposal is going to be drawn up tomorrow. This is what I am going to offer on debts of £85k :
£500.00 per month for 60 months
also I have got some life policies which I am willing to surrender. The surrender value would be around £3000.00 - £4000.00 approx.
My creditors are:
Bank of Scotland
Does anyone know if this is a good proposal and should it go through