MVM

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tinks81

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Post by tinks81 » Tue Nov 05, 2013 1:39 pm
Just a quick question - those of you who have been "lucky" enough to have been part of an MVM already, did you ever get to know the outcome of the meeting & if so how long after the meeting took place?
 
 

Pandy

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Post by Pandy » Tue Nov 05, 2013 2:24 pm
I only found out when I asked about it regarding a PPI payment % of interest rebate and it was confirmed I was in the one Last May, I was not told before hand or afterwards about the meeting or the outcome.
If life is what you make it, I must have been in a strange mood when I made mine
 
 

louiseh

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Post by louiseh » Tue Nov 05, 2013 6:09 pm
I to only found out the outcome because I specifically asked, mine was last May also.
 
 

Hair_bobbles

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Post by Hair_bobbles » Tue Nov 05, 2013 6:45 pm
Hi tinks81- what's an MVM?
IVA COMPLETED & CLEAN CREDIT FILE.

An old bible proverb says this: the rich one rules the poor, and the borrower is a slave to the lender.

How true are those words of wisdom.
 
 

Foggy

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Post by Foggy » Tue Nov 05, 2013 7:27 pm
Mass Variation Meeting, Bobbles. GT have been holding these at intervals for those who have agreed to the change in terms. On the face of it, they are to allow GT to pursue PPI "and similar claims" as they arise now and in the future --- there are, however, other changes to terms slipped in as well.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Hair_bobbles

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Post by Hair_bobbles » Tue Nov 05, 2013 10:21 pm
Thanks foggy
IVA COMPLETED & CLEAN CREDIT FILE.

An old bible proverb says this: the rich one rules the poor, and the borrower is a slave to the lender.

How true are those words of wisdom.
 
 

MelanieGiles

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Post by MelanieGiles » Tue Nov 05, 2013 11:06 pm
I don't understand why Chairman's Reports of these meetings are not being issued to clients. I cannot see how this statutory requirement has been sidestepped, unless with the express agreement of creditors - but even so, it would have been courteous to advise the other party to the agreement of the outcome.
Regards, Melanie Giles, Insolvency Practitioner
 
 

leighxx

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Post by leighxx » Thu Nov 07, 2013 4:45 pm
Agreed Melanie, only reason I got told was because I said to them will my closure be held up due to ppi or have I already had my MVM and they said I had
Last payment October 2013
CC received 21/08/2014
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