Creditfix and the Mass Variation Meeting

[linrog]

What about harrington brookes

[lifenoteasy]

Quote:

It is for the creditors’ meeting to decide whether to agree the terms relating to remuneration along
with the other provisions of the proposal. The creditors’ meeting has the power to modify any of the
terms of the proposal (with the consent of the debtor in the case of an IVA), including those relating
to the fixing of remuneration. The nominee should be prepared to disclose the basis of his fees to
the meeting if called upon to do so. Although there are no further statutory provisions relating to
remuneration in voluntary arrangements, the terms of the proposal may provide for the
establishment of a committee of creditors and may include among its functions the fixing of the
supervisor’s remuneration.

[MikeyM]

I would imagine that the Mass Variation Meeting means that there is one meeting with all the creditors covering all those customers who HAVE AGREED to the new T&C's. That's so they do not have to call individual meetings for each customer If you haven't agreed and you have told them this it won't affect. That's my understanding.

[ridingthestorm]

Surely not signing or returning my new T&Cs should be enough ! What would happen if there letter got lost in the post ? They haven't contacted me regarding signing them, so surely that's enough ?

I received an email regarding the red letter so at least they had proof there end regarding the standing order change.

[ridingthestorm]

Surely not signing or returning my new T&Cs should be enough ! What would happen if there letter got lost in the post ? They haven't contacted me regarding signing them, so surely that's enough ?

I received an email regarding the red letter so at least they had proof there end regarding the standing order change.

[MikeyM]

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by ridingthestorm

Surely not signing or returning my new T&Cs should be enough ! What would happen if there letter got lost in the post ? They haven't contacted me regarding signing them, so surely that's enough ?

I received an email regarding the red letter so at least they had proof there end regarding the standing order change.

Sorry. My comment says you must tell them. I would say you are right. I would expect that if you have not signed the changes to the T&C's letter then they CANNOT apply them even if you haven't told them.

[thisusernameistaken]

However, being explicit in stating you aren't signing is probably not a bad thing. After all, Wriglesworth has been fined once before for submitting variations to which debtors had not agreed!

[abbiesmum2003]

Thats why im going to now write to state i categorically decline them so they know rather than assume i agree

[doritos]

How do we attend this meeting?