To be honest, when the IP put the motion to creditors, they state that they wish to draw the remaining balance held, £82, in respect of preparing the variation, following acceptance, naturally. Certainly will go back to FJ and ask the question. Northern Rock were not a creditor. Michael, mole, that ...

Dont know why the motion was rejected, only 5 creditors voted, 4 against. I have no assets (and still dont)though I am now in stable employment and it is not the type of job I would lose if I went down the bankruptcy route.

IVA was with Freeman Jones.
I dont own my own home and nothing in the bank!

Hi, the facts, advise welcome please. Entered IVA, 17/03/08 with debts (unsecured) of £44,951 (11 creditors in total) 12th December 2012, redundant and advise IP accordingly & formal breach notice issued, advising termination of IVA within 1 month of the letter. 23rd April 2013, copy of notice to cr...

Not my posts??? Sorry Alan, appears on the wrong thread???

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by Al2304 Hi Tina Thanks for the support, I was advised that there was no way to proceed without my father being listed as a creditor to ensure he receives the full amount for the loan every month from me...

Hello; I have spoken to a relationship manager at FJ following receipt of the notice of breach received today. My IVA is ''pending closure' due to the arrears/additional monies owing. It was determined that a review of income/expenditure should be carried out to determine what I could reasonably be ...

Hello Sarah; I did have a message from one of your colleagues and I returned the call. I understand further correspondence is being sent to me by FJ tonight (notice of breach, I think) and will respond in due course.
Regards, Dave

I received a copy of the Chairman's report from Freeman Jones advising that the creditors rejected the resolution of full & final settlement in May. What I don't understand is that considering the breach notice was issued in December 2012 it took over 4 months to propose the variation. I have an e-m...

I hope so; not like I did not try and pay back. Just really frustrated as I have been told to 'keep my head down' and see what happens!
Not in my nature; very anxious about no resolution and the poor way that the company concerned conducted themselves.

IVA approved March 2008, unsecured debt - £44,950 December 2012, redundant & breach notice issued. At this point, £26,542.49 paid in. After over 4 months (!) draft variation received to approve re F & F. In this time I had an official complaint to the company 'upheld' having accepted that the draft ...

In May 2013 I received the Chairman's report from a meeting held to consider a proposed variation to my IVA stating that the resolution had been rejected by my creditors.
The proposition was that the funds paid to date be accepted as full & final settlement.
I have heard nothing since? Is this normal?