Hi. Please can anyone give me their experience of timescales for a F&F offer ?

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Piechart

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Post by Piechart » Wed Dec 30, 2015 7:27 pm
Hi

Please can anyone give me their experience of the timescale for a Full and Final offer. I'm wondering how long after making the offer was your creditors meeting arranged. Thanks
 
 

kallis3

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Post by kallis3 » Wed Dec 30, 2015 7:56 pm
Hi and welcome,

Have you put an offer in? It should usually be within 28 days of the company putting the offer forward.
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annearchie

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Post by annearchie » Wed Dec 30, 2015 8:29 pm
Hi, I put my offer in writing to payplan on the 5th.Nov. All documents and info had to be sent off. Got date for meeting mid Dec. My meeting is on the 11th Jan.at 2pm. It was quite swift actually but I emailed and sent stuff recorded to them. Looking forward to seeing if it's accepted on 11th Jan.
 
 

harald

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Post by harald » Wed Dec 30, 2015 8:53 pm
Put my offer in on November 11th. On December 11th my IP told me it had gone to the variation team. Today was told it can take up to two months for them to send me a letter of agreement and then an additional 30 days to set up an actual variation meeting :-(
 
 

annearchie

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Post by annearchie » Wed Dec 30, 2015 9:13 pm
Who are you with harald?
 
 

harald

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Post by harald » Wed Dec 30, 2015 9:25 pm
Freeman Jones
 
 

annearchie

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Post by annearchie » Thu Dec 31, 2015 10:05 am
It's supposed to be called within 28 days.. Mither them. Xx
 
 

Michael Peoples

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Post by Michael Peoples » Thu Dec 31, 2015 2:29 pm
FJ do post on the forum so perhaps contact their representatives directly which could speed things up.
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Financial Wellness

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Post by Financial Wellness » Mon Jan 04, 2016 10:20 am
Hi Harald,

My name is Ian Williams, I am part of the team here at Freeman Jones.

Please drop me an email to ian.williams@thinkmoneygroup.com (with your Freeman Jones reference number) and I will speak to the team about your F&F and ask them to update you on progress and the likely timescales.

Thank you,



Ian
A member of the team at Financial Wellness Group (Formerly Freeman Jones ) - www.financialwellnessgroup.co.uk
 
 

Lisa Thomas

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Post by Lisa Thomas » Mon Jan 04, 2016 12:53 pm
Hi PC Once you have given them what they need to call the variation meeting your IP has either 21 or 28 days, depending on your IVA terms, to call the variation meeting. They should keep you in the loop.

Hopefully Ian will sort this for you.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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