Voting houses

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bridgey
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by bridgey » Tue Apr 24, 2018 7:13 pm
What/who are voting houses?
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Foggy
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by Foggy » Tue Apr 24, 2018 7:22 pm
bridgey wrote:
What/who are voting houses?


They are. I believe, organisations who handle the voting on behalf of creditors, like Tix and Max Recovery, as well as the likes of Grant Thornton.
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bridgey
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by bridgey » Tue Apr 24, 2018 7:25 pm
Foggy wrote:
bridgey wrote:
What/who are voting houses?


They are. I believe, organisations who handle the voting on behalf of creditors, like Tix and Max Recovery, as well as the likes of Grant Thornton.


Thanks. Our major creditor are, I understand, being represented by a voting house. Not sure if this is +\- regarding our offer?
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Foggy
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by Foggy » Tue Apr 24, 2018 7:29 pm
Over half of my creditors were represented by these organisations -- they all voted yes. They can look at the proposal in a more detached way and will decide purely on the economics without seeing the account history.
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luluj
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by luluj » Wed Apr 25, 2018 1:44 am
Same as foggy half of our creditors used voting houses...fingers crossed your iva will be approved very soon x
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kallis3
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by kallis3 » Wed Apr 25, 2018 8:42 am
Same with us as well. Good luck!
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