Creditors who do not claim

[OPTIMIST12]

Can someone help me with this please?

I had a modification to my (agreed) proposal that my dividend to creditors would be a minimum of XX pence in the pound - otherwise the arrangement would fail. This was based on the latest balances I had from creditors against my total scheduled repayments. I accepted this modification on the day of the Creditors Meeting (by phone).

I know that claims increase between the proposal and the Creditors Meeting. Most of my creditors voted and claimed but several did not. I know those that did not vote are bound by the arrangement but how do I find out what amount those who did not vote are actually claiming? I am trying to check how much extra I need to pay to ensure that my payments cover the % at proposal and the same % of claims (as required by the modification). I think I will cover any difference by additional Overtime Payments - but wondered if I need to speak to my Creditors or IP to check on the amounts. How do I check the amount of "claims" from creditors who did not vote?

Has anyone had a similar worry? Grateful for any advice.

Thank You.

[MelanieGiles]

Ask your IP for a schedule of agreed and unagreed claims which will give you some idea of what will eventually be required to fund the dividend payment.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk