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Posted: Wed Apr 29, 2009 4:33 pm
by jewl61
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?
Posted: Wed Apr 29, 2009 4:36 pm
by kallis3
Hi,
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.
Posted: Wed Apr 29, 2009 4:37 pm
by neverending
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
Posted: Wed Apr 29, 2009 5:41 pm
by dand
Hopefully its nothing to worry about.
please keep us all informed.
Posted: Wed Apr 29, 2009 6:56 pm
by shuli_b
can i just ask which company are you with?
Posted: Wed Apr 29, 2009 11:55 pm
by jewl61
shuli_b wrote:
can i just ask which company are you with?
the company is called creditfix
Posted: Thu Apr 30, 2009 12:10 am
by Hope_22
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
Posted: Thu Apr 30, 2009 12:14 am
by jewl61
thanks for that its made me feel better
Posted: Thu Apr 30, 2009 12:25 am
by Hope_22
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
Posted: Thu Apr 30, 2009 12:27 am
by MelanieGiles
What problem is your IP having with the Insolvency Exchange? In my experience they are a very responsive and supportive outfit.
Posted: Thu Apr 30, 2009 12:30 am
by jewl61
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
Posted: Thu Apr 30, 2009 12:35 am
by jewl61
my meeting has been arranged for next wednesday so i am just hoping for an answer one way or the other as it is a worry day and night.
Posted: Thu Apr 30, 2009 12:39 am
by Hope_22
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.
Posted: Thu Apr 30, 2009 12:41 am
by jewl61
hopefully it will be good news then we can get on with our lives will keep you posted many thanks for advice x
Posted: Thu Apr 30, 2009 12:54 am
by Hope_22
Try and keep positive, will think of you next Wednesday and keep my fingers crossed for you. let us know, i'm sure it will be fine. x