Is there any connection between NATWEST tix and HSBC?

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SAN2212

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Post by SAN2212 » Wed Jul 20, 2011 10:04 pm
Is there any connection between NATWEST tix and HSBC BANK. Is it normal fot NATWEST tix to vote on behalf of HSBC. I do not owe natwest any money.
 
 

kallis3

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Post by kallis3 » Wed Jul 20, 2011 10:08 pm
Hi San,

There is no connection between Natwest and HSBC at all.

I think, and I do stand to be corrected here, that TIX may well buy up debts but they are not anything to do with Natwest in the first place.
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.
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SAN2212

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Post by SAN2212 » Wed Jul 20, 2011 10:14 pm
Oh my god, according to the proposal and my case adviseR. Natwest TIX ARE REPRESENTING £1097 OF hsbc debt . NEXT TO hsbc's name on my creditors schedule meeting is £1097 and they voted and accepted.
Im now very concerned. Thanks but how sure are you of this kallis3?
 
 

MelanieGiles

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Post by MelanieGiles » Wed Jul 20, 2011 10:21 pm
TIX are a specialist debt management and support company who represent both NatWest and HSBC at creditors meetings and are responsible for collecting post-IVA dividend payments on their behalf.

It does not sound as if you have anything to be concerned about here San. What is it that is particularly bothering you?
Regards, Melanie Giles, Insolvency Practitioner
 
 

Foggy

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Post by Foggy » Wed Jul 20, 2011 10:24 pm
TIX represented a few of my creditors, as did Grant Thornton and KMPG. No problems arose.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

kallis3

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Post by kallis3 » Wed Jul 20, 2011 10:24 pm
Thanks Mel - it is Robinson Way that have our HSBC debt rather than tix.
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
 
 

MelanieGiles

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Post by MelanieGiles » Wed Jul 20, 2011 10:30 pm
I'd put money on the fact that TiX get the dividend cheques Jan. Check with Payplan if you want to be sure - but TiX are handling all of the back-book of HSBC so far as I am aware.
Regards, Melanie Giles, Insolvency Practitioner
 
 

SAN2212

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Post by SAN2212 » Wed Jul 20, 2011 10:32 pm
Hi MEL. Im not sure why but I wasnt informed by my IP that I owe 4K less than I thought. Each creditor was contacted prior to the creditors meeting. I thought I owed over 15K . after asking loads of questions Im told i owe 11K.
 
 

SAN2212

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Post by SAN2212 » Wed Jul 20, 2011 10:38 pm
I accept that tix represent both HSBC AND natwest however MEL I dnt owe natwest any money. Not sure why they ate in the proposal.
 
 

MelanieGiles

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Post by MelanieGiles » Wed Jul 20, 2011 10:41 pm
Sounds like a mistake on the Chairman's Report rather than anything more sinister. Check with your IP to be sure.
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kallis3

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Post by kallis3 » Wed Jul 20, 2011 10:45 pm
Not seen any mention of Tix on our dividend payments Mel - must have a check to find out!!
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
 
 

SAN2212

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Post by SAN2212 » Wed Jul 20, 2011 10:56 pm
They say they are investigating. Its been two months . Im not sure what to do apart from wait.
 
 

kallis3

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Post by kallis3 » Wed Jul 20, 2011 10:57 pm
I've nothing at all to do with Tix in mine - could it be to do with the fact that the debt was sold on before my IVA was approved?
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
 
 

MelanieGiles

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Post by MelanieGiles » Wed Jul 20, 2011 11:35 pm
Possibly - or maybe they have not updated their systems to reflect that TiX are receiving the money Jan.
Regards, Melanie Giles, Insolvency Practitioner
 
 

langerbridge

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Post by langerbridge » Thu Jul 21, 2011 12:30 am
Midland bank (old name for hsbc) did have unofficial link going back many years. Now that it's HSBC & RBS they are not linked.
The road is 72months long starting September 2010.
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