Posted: Fri Jun 24, 2011 6:58 pm
Hi this is my first post. Just wondering if someone can advise me if what I've been told is right ?
We had our full and final meeting there on Wednesday 22nd June at 10.20am. I hadn't heard anything all day so of course phoned and phoned. I got through to someone at 4.00pm who told me this ...
My husband and I have a joint IVA. Out of the creditors that replied all of mine voted to end the IVA early. MY husbands creditors voted to except all bar one who I've been told have sent back 2 forms one agreeing and one disagreeing .... I've been told by staff working for my IP that she feels they have misunderstood and will try and contact them so the meeting has been adjourned for one week with a possiblity of 2 weeks.
The thing is ... there are also some creditors that have not replied and they only need 1 vote to secure the offer. Now what I've been told is they are trying to contact the creditor who sent back the 2 forms by mistake ...if they do not reply within one week they will extend it another week ...however when I asked about trying the others who have not replied in the meantime i was told they will wait to see if that first creditor will reply in the 2 weeks ...if not the meeting will be rejected and we have to ask for another variation meeting and wait probably another 2 months just so they can ask the one that didn't reply to this meeting to reply....
Maybe I'm a little niave but surely in these two weeks they shouldn't just be relying on contacting the one that sent back the mistaken forms ...they should be making every effort to contact the outstanding creditors in the same time and not charge us again for another meeting and get another 2 months of payments back towards their fees ...
P.S We were told offer was very good and we are ending it 3.5 years early so the IVA company will not obviously get all their fees.... I'm just really worried about it and just wondered if someone could give me some guidance on what to do please ??
We had our full and final meeting there on Wednesday 22nd June at 10.20am. I hadn't heard anything all day so of course phoned and phoned. I got through to someone at 4.00pm who told me this ...
My husband and I have a joint IVA. Out of the creditors that replied all of mine voted to end the IVA early. MY husbands creditors voted to except all bar one who I've been told have sent back 2 forms one agreeing and one disagreeing .... I've been told by staff working for my IP that she feels they have misunderstood and will try and contact them so the meeting has been adjourned for one week with a possiblity of 2 weeks.
The thing is ... there are also some creditors that have not replied and they only need 1 vote to secure the offer. Now what I've been told is they are trying to contact the creditor who sent back the 2 forms by mistake ...if they do not reply within one week they will extend it another week ...however when I asked about trying the others who have not replied in the meantime i was told they will wait to see if that first creditor will reply in the 2 weeks ...if not the meeting will be rejected and we have to ask for another variation meeting and wait probably another 2 months just so they can ask the one that didn't reply to this meeting to reply....
Maybe I'm a little niave but surely in these two weeks they shouldn't just be relying on contacting the one that sent back the mistaken forms ...they should be making every effort to contact the outstanding creditors in the same time and not charge us again for another meeting and get another 2 months of payments back towards their fees ...
P.S We were told offer was very good and we are ending it 3.5 years early so the IVA company will not obviously get all their fees.... I'm just really worried about it and just wondered if someone could give me some guidance on what to do please ??
!! Thankyou 