Also my partners wage is stated as less than i advised them, but i think that is offset by them undervaluing her credit commitments also.
Just concerned as my wife banks with one of my creditors and so be easy for them to look at her incoming. At end of day im meant to be signing that its all accurate.
Johng79 wrote:Think i need 6 out of 8 creditors to agree. Seems a hell of a lot lol
You need 75% by value, of those who vote, to say yes. So, if only one votes and it is a yes -- the IVA goes through. If one votes and says no, the IP will adjourn the meeting and canvass the others until enough vote to get a definitive answer (hopefully a yes).
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