Would IVA be likely to get accepted

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kallis3
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by kallis3 » Mon Aug 27, 2018 12:26 pm
I am sure you will be fine .
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ryan773
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by ryan773 » Mon Aug 27, 2018 12:35 pm
kallis3 wrote:
I am sure you will be fine .

Thank you Kallis.
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Foggy
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by Foggy » Mon Aug 27, 2018 1:27 pm
You have a healthy dividend to offer (and very little for them to gain from bankruptcy at the moment). If tghey did refuse, for some reason, you could try a DMP while you think of a "Plan B".
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ryan773
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by ryan773 » Mon Aug 27, 2018 1:31 pm
Foggy wrote:
You have a healthy dividend to offer (and very little for them to gain from bankruptcy at the moment). If tghey did refuse, for some reason, you could try a DMP while you think of a "Plan B".

Thank you Foggy.
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ryan773
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by ryan773 » Tue Aug 28, 2018 1:13 pm
Meeting was set for today at 12pm. Anyone any ideas of when I will hear anything back?
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kallis3
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by kallis3 » Tue Aug 28, 2018 1:16 pm
Hopefully soon - you could give them a call to check.
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ryan773
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by ryan773 » Tue Aug 28, 2018 1:18 pm
kallis3 wrote:
Hopefully soon - you could give them a call to check.

I'm working until 4pm. If I haven't heard anything by then I'll give them a ring.
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Foggy
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by Foggy » Tue Aug 28, 2018 1:40 pm
Good luck.
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ryan773
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by ryan773 » Tue Aug 28, 2018 1:42 pm
Foggy wrote:
Good luck.

Thanks Foggy
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ryan773
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by ryan773 » Tue Aug 28, 2018 3:44 pm
Just rang creditfix and they said that they were still negotiating with the creditors, and this could take hours/days. Does this sound right?
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kallis3
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by kallis3 » Tue Aug 28, 2018 3:52 pm
Unusual - they should have results in by now.
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Foggy
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by Foggy » Tue Aug 28, 2018 4:02 pm
ryan773 wrote:
Just rang creditfix and they said that they were still negotiating with the creditors, and this could take hours/days. Does this sound right?


It sounds right for CF ! They are often in this predicament ... seems they are the only firm who are. However, they usually pull through in the end. Your meetig could, however, be adjourned (maybe more than once).
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ryan773
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by ryan773 » Tue Aug 28, 2018 4:05 pm
Foggy wrote:
ryan773 wrote:
Just rang creditfix and they said that they were still negotiating with the creditors, and this could take hours/days. Does this sound right?


It sounds right for CF ! They are often in this predicament ... seems they are the only firm who are. However, they usually pull through in the end. Your meetig could, however, be adjourned (maybe more than once).


Thanks foggy
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ryan773
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by ryan773 » Wed Aug 29, 2018 8:33 am
What happens when the meeting is adjourned? How long could I be waiting for a result? I was hoping I would have been told what was happening by now.

Thank you all for your replies. Its nice to know there are people there to talk to and seek advice.
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Foggy
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by Foggy » Wed Aug 29, 2018 8:45 am
ryan773 wrote:
What happens when the meeting is adjourned? How long could I be waiting for a result? I was hoping I would have been told what was happening by now.

Thank you all for your replies. Its nice to know there are people there to talk to and seek advice.


CF will be trying to rectify whatever the problem is (I have my suspicions). They are renowned for not telling people what is going on unless you ask -- even then the call handler is unlikely to be helpful, unless you get one of the rare diamonds.
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