Hi does anybody know about the mass variation meeting ? What is it for exactly ?

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laurence

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Post by laurence » Wed Nov 21, 2012 12:24 am
Hi does anybody know about the mass variation meeting which should happen end of this Month is for what exactly? This is with payplan.

Laurence
 
 

MelanieGiles

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Post by MelanieGiles » Wed Nov 21, 2012 12:30 am
I think that they are seeking clarity on extending the timeline for their cases, to deal with outstanding VAT repatriation and potential PPI claims.

What do the modifications you have been asked to agree state?
Regards, Melanie Giles, Insolvency Practitioner
 
 

Hyperdrive

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Post by Hyperdrive » Wed Nov 21, 2012 7:53 am
I`m with PayPlan and I think you`ve got the same letter as me.
It`s a welcome move in that they are being proactive in avoiding delays to closures in the future, by seeking permission from creditors for certificates to be issued in cases where there is an ongoing PPI claim.
The other variation relates to the VAT issue and once again it seeks to put processes in place to speed things up.
[:)]
 
 

Adam Davies

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Post by Adam Davies » Wed Nov 21, 2012 9:03 am
Hi

A positive step

Let's hope Grant Thornton, DFD etc do the same very soon

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Andam Davies
 
 

orchid5

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Post by orchid5 » Wed Nov 21, 2012 7:00 pm
DFD are already doing this and have done since earlier this year, sadly not in my case at the moment, i shall of course be contacting them again very shortly.
Last edited by orchid5 on Wed Nov 21, 2012 7:01 pm, edited 1 time in total.
Om shanti, namesté, good luck to all who are embarking on the IVA journey, it isn't always an easy one but the outcome is the best.

IVA COMPLETED August 2012, received Completion certificate 18.4.13.
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