How long Between Proposal and Meeting?

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Hginger24

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Post by Hginger24 » Wed Mar 11, 2009 8:19 am
Hi Guys
Just a quick question, i sent my proposal back signed at the weekend, how long am i looking at realisticaly before i get a date for the creditors meeting.

i just hate all this waiting, the company i have been using have been really good so far and quick in getting stuff to me just wondering if this is going to be as quick or whether there is a standard length of time?

im happily ignoring the phone from every number i dont like the look of. Do i need to send my company any letters i get or can i just ignore them?

thanks for listening
[:)]
 
 

luluj

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Post by luluj » Wed Mar 11, 2009 8:34 am
Approx 4-6 weeks - good luck
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David Mond

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Post by David Mond » Wed Mar 11, 2009 8:39 am
Hey - see my latest blog!
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
 
 

kallis3

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Post by kallis3 » Wed Mar 11, 2009 9:01 am
But that's the exception David - the majority don't get sorted that quickly.
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
 
 

DebtProblem

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Post by DebtProblem » Wed Mar 11, 2009 9:12 am
I signed and returned my proposal on 5th February.

My creditors meeting was yesterday (see signature[:D])

so about five weeks for me.[:)]
Best Regards,

Trev

1st goal achieved: IVA accepted 10th March 2009

2nd goal: Debt free in year 2014!!
 
 

emma_t

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Post by emma_t » Wed Mar 11, 2009 9:13 am
AS I remember mine was about 2-3 weeks after sending back my proposal.

An IP needs to give a set time to creditors before the meeting can be called and I think this is around 14-21 days. I am sure a professional will claify the correct time.

You are on the home straight now[:)]
Good luck
Be positive & look after yourself, there are more important things in life than debts....

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Emma x
 
 

David Mond

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Post by David Mond » Wed Mar 11, 2009 11:33 am
Not less than 14 days and not more than 28 days has to be given to creditors for the meeting to approve or otherwise the IVA Proposal.
Last edited by David Mond on Wed Mar 11, 2009 11:34 am, edited 1 time in total.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
 
 

Hginger24

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Post by Hginger24 » Thu Mar 12, 2009 12:27 pm
Hi guys
I got my date for my meeting toady which is 27th March so am pleased that it is quite quick, gives me something to focus on.
Quick question do i send any letters i am getting to my company or do i just ignore them?

x
 
 

kallis3

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Post by kallis3 » Thu Mar 12, 2009 12:29 pm
Send them on to your company and let them deal with it.

Good luck for the 27th.
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
 
 

emma_t

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Post by emma_t » Thu Mar 12, 2009 6:44 pm
Great news Hginger24[:)]

At least you have a date now to focus on and hopefully it will all be sorted on that day for you.

You can send the letters to your IP, I did not send every single one but if I got one I was worried about or something different from the standard I did send to my IP.

Whenever you need a bit of support, log on and post as we all know what it feels like and how hard it is[8D]
Be positive & look after yourself, there are more important things in life than debts....

Best Wishes

Emma x
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