Process if final offer is accepted

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Michelle0311

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Post by Michelle0311 » Wed Jun 02, 2021 12:58 pm
It worked!!!!!

I put the complaint in via there call centre this morning and I have just had a phone call to go through my review the adviser is drafting my proposal this afternoon and my variation should be booked he said for hopefully the end of June πŸ™ŒπŸ»πŸ™ŒπŸ»πŸ‘πŸ»πŸ™ŒπŸ»πŸ™ŒπŸ» I’m so pleased and relieved and can’t express how much of a weight has been lifted from me πŸ˜ƒπŸ˜ƒπŸ˜ƒ

So fingers crossed 🀞🏻 they will accept my offer and will all be finally over πŸ™πŸ»

Thank you so so much for your help advice and support

Foggy

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Post by Foggy » Wed Jun 02, 2021 1:22 pm
Great news ! Finally !!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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kallis3

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Post by kallis3 » Wed Jun 02, 2021 1:26 pm
Not long to wait and it should all be over.
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.
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Michelle0311

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Post by Michelle0311 » Thu Jun 03, 2021 7:20 am
Variation meeting booked for the 16th June 🀞🏻

Foggy

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Post by Foggy » Thu Jun 03, 2021 7:48 am
Thu Jun 03, 2021 7:20 amMichelle0311 wrote:
Variation meeting booked for the 16th June 🀞🏻
Best of luck ! :)
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 » Thu Jun 03, 2021 7:48 am
Soon be here! Best of luck.
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

Michelle0311

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Post by Michelle0311 » Thu Jun 17, 2021 7:17 pm
Offer accepted πŸ™ŒπŸ»πŸ‘πŸ» So happy!!!! Cannot begin to describe the relief πŸ₯²

I made the payment today once my parents sent me the money and debt movement have explained to me that there is a 28 day cooling off period before they can begin to process any admin, is this normal?

They have also said that the completion certificate can take 3-6 months to process, which is fine, although hoping will be a lot quicker. Going to call them tomorrow to ensure that my payment has been received. Do you think they will need any up to date payslips and bank statements as my original docs sent were so long ago they will be way beyond the 6 month mark by the time they process? I sent Jan - March originally.

Foggy

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Post by Foggy » Thu Jun 17, 2021 8:03 pm
Congratulations and well done !

Not sure on the cooling off period, but, in line with most contracts signed off premises, I imagine one would apply, although 28 days seems overly long.
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

Michelle0311

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Post by Michelle0311 » Thu Jun 17, 2021 8:12 pm
Thank you

I tend to agree, 28 days does seem pretty excessive, 14 days is generally standard with any cooling off period and in my opinion more than adequate but πŸ€·β€β™€οΈ

Someone on here posted that they had their offer agreed on the 25th Jan this year and received their cc on the 11th March. I’m with the same company Jarvis/debt movement, hopefully they can be as efficient with mine but going by my current experience with them I won’t hold my breathe 🀣

I’m just over the moon that it’s all been accepted and very thankful of that.

Also so so thankful for this forum and all the advice and help everyone has provided. I couldn’t have done it without you, thank you 😊

kallis3

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Post by kallis3 » Thu Jun 17, 2021 9:14 pm
Fantastic news - really pleased for you.
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

kelly@dmuk

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Post by kelly@dmuk » Fri Jun 18, 2021 10:10 am
Hi Michelle0311, Congratulations!
we are pleased to hear that your final offer has now been accepted. Just to provide some context, our 28-day cooling off period is to allow your creditors some time to come back to us should they have any further queries. However, its rare that they do.
We understand how 28 days may feel like a lengthy timeframe but that is the procedure we have in place.
Should you ever need to reach us, We are here.
https://debtmovement.co.uk/contact-us
Many thanks,
The Debt Movement Team.

Foggy

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Post by Foggy » Fri Jun 18, 2021 10:32 am
Welcome aboard, Kelly, and thank you for that explanation.
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

Michelle0311

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Post by Michelle0311 » Fri Jun 18, 2021 11:00 am
Yes thank you Kelly, I thought the 28 days was in case I changed my mind. I hope they don’t change their minds as the money I have given is my mum and dads that they have given for the sole purpose of clearing it. I take it if my creditors did change their minds those funds would come back?

Also Kelly do you know if I need to send further bank statements and payslips for the closure of my case? As my statements will be over 6 months ago soon?

Thank you in advance

kelly@dmuk

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Post by kelly@dmuk » Fri Jun 18, 2021 12:36 pm
I can confirm that your funds would be paid back to you, as we would have no reason to keep it. However, it is unlikely that your creditors would come back and reject an offer they already accepted in the Meeting of Creditors (MOC).
You do not need to send us any further information. Once you make your Lump Sum payment, your case goes into the closure process which can take approximately 3 to 6 months to complete.
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