my iva meeting was for today 29th of april i have just been informed that there has been a problem with the voting from the insolvency exchange what does this mean.it has been adjourned until next week is this a sign it will be rejected?
Not necessarily. Your IP should tell you exactly why there is a problem with the voting.
He or she will be working to try and get this resolved for you.
Good luck, and let us know what happens.
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
Hi
The Insolvency Exchange represent many creditors and it may be that they have rejected or that they have asked for an adjournment.
Your IP wll be able to find out what the problem is and to try to negotiate a positive outcome
Regards
Try not to worry mine was adjourned twice and i wasn't at all prepared for that, i was a nervous wreck waiting for a decision however It was agreed on 3rd meeting. x
Three creditors didn't vote, one accepted with modifications and i had to pay an extra £10, the main creditor rejected but after negotiations with IP it was finally accepted. This forum offers tremendous support and is very informative, the professionals will help even if you are not with their firm. Try not to worry. x
they said that it wasnt just a problem with my iva proposal it had affected 20 iva meetings for yesterday and they had all been adjourned i have just got to trust their word and hope for the best
The waiting is awful but as i understand an IP wont put forward a proposal unless they feel it will be accepted, it sounds like a technical hitch if it affected voting for 20 other IVA's, hopefully next week will be good news.
