Question for Melanie

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Rainbow

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Post by Rainbow » Mon Jun 04, 2007 3:31 pm
Hi Melanie

Due to the feedback others have left regarding Grant Thornton being so busy and taking so long to draft proposal my question is - Is it possible to change IP's even though we have signed GT's paperwork etc.?

I really wish we had found this site 3 years ago and then we wouldn't have listened to the incorrect advice given to us by our Financial Adviser and would have been 3 years into an IVA instead of just starting out!![:(!]

Is it possible to take redress from the Personal Adviser for falling to mention IVA as a way of sorting out our finances?

Thanks very much for all your support this is a top site![8D]
Every Cloud has a silver lining. At the end of the Rainbow is a Pot of Gold - Or Hope!
 
 

MelanieGiles

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Post by MelanieGiles » Mon Jun 04, 2007 6:32 pm
Hi Rainbow

There is nothing to stop you changing IP if you feel that you are not been looked after - but that would surprise me about Grant Thornton. As you have now signed up the paperwork with them, you must be 90% of the way there - I am assuming you mean your IVA proposal paperwork has just been signed up, so a creditors meeting should be just around the corner.



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
Regards, Melanie Giles, Insolvency Practitioner
 
 

Rainbow

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Post by Rainbow » Mon Jun 04, 2007 11:12 pm
Hi Melanie
Thanks for the reply. We haven't even been sent the proposal yet we sent all the paperwork they required on 1st May and haven't heard from them since, all we have signed is there terms of business and acknowledge that we have received a booklet about IVA's.

Others have replied saying that they have just received their proposal and they started in early February.[:)]
Every Cloud has a silver lining. At the end of the Rainbow is a Pot of Gold - Or Hope!
 
 

olympic_torch

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Post by olympic_torch » Mon Jun 04, 2007 11:39 pm
rainbow.
we did our iva through grant thornton, things dragged on for ages for one reason or another, persevere with them, they are very professional
and will come through in the end.

Aucto Splendore Resurgo.
(1 down, 59 to go)
Aucto Splendore Resurgo.
IVA accepted May 2007.
Extended by 12 months in lieu of equity March 2012.
F+F offer accepted May 2012.
C of C received August 2012.
IVA dropped off credit file 24th May 2013.
 
 

MelanieGiles

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Post by MelanieGiles » Tue Jun 05, 2007 12:18 am
Hi again

I try to work on a 4-6 week turnaround from having a complete set of documents from a client. The whole insolvency profession is very busy at the moment, so why not ask your IP when they anticipate being able to send you your proposals.

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
Regards, Melanie Giles, Insolvency Practitioner
 
 

tracy.h

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Post by tracy.h » Tue Jun 05, 2007 9:30 am
Hi Rainbow,if you are not happy with the service you are being provided with then remember it is your right to change companys,it is always advisable to try at least 2-3 companys before you make your desision.You have to be happy and confident in who is representing you 5 years is a long time.
Goodluck

Tracy
 
 

ray_a

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Post by ray_a » Tue Jun 05, 2007 9:44 am
Hi Rainbow

Have to agree with Melanie here.

There is a heavy work load for Insolvency sections of accounting practices. Grant Thornton are a very well respected firm and one of the few that have been around since I have been working for 30 years which says a lot about them as a firm.

I suspect you are fed up with calls from your creditors. Just tell them politely that you are preparing an IVA and tell them who is doing it for you and that usually does the trick.

Take care and Good Luck!

Ray
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