I'm a bit disappointed, only 1 of our creditors have actually voted - so we weren't given a yes or no. They said they will have 14 days to try to get everyone to respond.
But now I am very nervous, what's next? And if they don't vote we can't have an IVA???
Please help. [:(]
I know that 75% of your debt has to agree to the IVA, but even while reading this forum I haven't come across anyone not getting enough votes.
Speak to your IP and find out what their next step is, let them know BR is an option for you and hopefully these creditors will see sense.
No harm in starting on the forms and we'll help you with any queries xx
Our proposal was done to show the creditors what they would recieve if we entered into an Iva and they would get a big fat zero if we went for bankruptcy. So I'm going to start adjusting to this idea!! (I'm going to have to)
Who is onlineUsers browsing this forum: No registered users and 11 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location