Nervous about creditors meeting

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Hultonlady19

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Post by Hultonlady19 » Tue Jul 09, 2019 6:12 pm
That’s what I thought be he said no NatWest have to vote in order to go over the 75% due to everyday loans saying no and having just over 20%

luluj

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Post by luluj » Tue Jul 09, 2019 6:41 pm
It's hard but try and stay positive ... it's not over till its over... I am still quietly confident it will be ok xx
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Foggy

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Post by Foggy » Tue Jul 09, 2019 6:42 pm
Tue Jul 09, 2019 5:58 pmrhythmb wrote:
I thought if a creditor didn't vote by the deadline then their vote is given as what the majority voted for. In my case only two of 12 creditors voted and they both approved it so the rest are declared as approved.
It depends on the voting power (related to the debt amount) as to whether a non voter could change a "no" into a "yes" .... there is a small window during which the IP can canvass the non voters to get a yes.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
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Hultonlady19

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Post by Hultonlady19 » Wed Jul 10, 2019 1:05 pm
Still waiting for NatWest 😥

kallis3

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Post by kallis3 » Wed Jul 10, 2019 1:20 pm
I really feel for you! They should be chasing this big time. :cry:
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Lauren1995

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Post by Lauren1995 » Wed Jul 10, 2019 3:42 pm
Wed Jul 10, 2019 1:05 pmHultonlady19 wrote:
Still waiting for NatWest 😥
Your making me worry, Natwest are one of my biggest creditors :/ hoping good news for you.

Hultonlady19

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Post by Hultonlady19 » Wed Jul 10, 2019 6:13 pm
Wed Jul 10, 2019 3:42 pmLauren1995 wrote:
Wed Jul 10, 2019 1:05 pmHultonlady19 wrote:
Still waiting for NatWest 😥
Your making me worry, Natwest are one of my biggest creditors :/ hoping good news for you.
Apparently it’s because their busy - not because they are definitely saying no, but annoying their taking so long I just hope after all the waiting it’s not for a bloody no !!

Ajackson1707

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Post by Ajackson1707 » Wed Jul 10, 2019 8:13 pm
I just wanted to chime in, my creditors meeting was today and I got a call at 11 saying that they have had to adjourn the meeting. I was all set and prepared today for yes/no but not a wait for 2 more weeks for the next meeting! I am losing my mind right now! (I feel your pain!)

Hultonlady19

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Post by Hultonlady19 » Wed Jul 10, 2019 8:19 pm
Wed Jul 10, 2019 8:13 pmAjackson1707 wrote:
I just wanted to chime in, my creditors meeting was today and I got a call at 11 saying that they have had to adjourn the meeting. I was all set and prepared today for yes/no but not a wait for 2 more weeks for the next meeting! I am losing my mind right now! (I feel your pain!)
Did they tell you why? Who are you with ? It’s just torture 😫 all my bills are due out Monday and I really need an answer before then so i know which direction I’m going in - so stressful 😥

Ajackson1707

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Post by Ajackson1707 » Wed Jul 10, 2019 9:01 pm
Wed Jul 10, 2019 8:19 pmHultonlady19 wrote:
Wed Jul 10, 2019 8:13 pmAjackson1707 wrote:
I just wanted to chime in, my creditors meeting was today and I got a call at 11 saying that they have had to adjourn the meeting. I was all set and prepared today for yes/no but not a wait for 2 more weeks for the next meeting! I am losing my mind right now! (I feel your pain!)
Did they tell you why? Who are you with ? It’s just torture 😫 all my bills are due out Monday and I really need an answer before then so i know which direction I’m going in - so stressful 😥
Payplan, they told me that they didn’t have all the votes in and we need to allow them more time. I’ve waited for over two weeks for this meeting, overthought every possible outcome, stressed to the high heavens as this is such a huge point in my life. I’ve been deceiving myself for years and years that it would get better, I just want to get my life back on track :cry:

Lauren1995

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Post by Lauren1995 » Wed Jul 10, 2019 11:09 pm
Wed Jul 10, 2019 6:13 pmHultonlady19 wrote:
Wed Jul 10, 2019 3:42 pmLauren1995 wrote:
Wed Jul 10, 2019 1:05 pmHultonlady19 wrote:
Still waiting for NatWest 😥
Your making me worry, Natwest are one of my biggest creditors :/ hoping good news for you.
Apparently it’s because their busy - not because they are definitely saying no, but annoying their taking so long I just hope after all the waiting it’s not for a bloody no !!
Okay that's good news, my meeting is the 23rd of July. 8 days after my bday. Hoping for a yes for you :)

Hultonlady19

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Post by Hultonlady19 » Thu Jul 11, 2019 9:08 am
Approved !!!!!!!!!!!! Just waiting for them to ring me with the final agreement they have modifications a bit more payment wise etc but I’m so relieved 😌 I’ll let you know shortly what my payments and term are etc - thank you all for crossing everything for me and helping me through the worst time of my life ♥️

kallis3

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Post by kallis3 » Thu Jul 11, 2019 9:10 am
.....and breathe!! So very pleased for you - you can have a great weekend now.
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

Hultonlady19

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Post by Hultonlady19 » Thu Jul 11, 2019 9:14 am
Thanks kallis 😀 I assume my ip will contact all my creditors with the agreement etc or do I have to ring around and tell them ?

kallis3

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Post by kallis3 » Thu Jul 11, 2019 9:19 am
No - your IP will do it all. If you should get any calls from creditors in the near future just tell them you are in an IVA and they should not contact you. It does sometimes take a while for news to filter down to the call staff.
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
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