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Posted: Mon May 27, 2013 3:39 pm
by Susan.60
What does 100 pence in the £ mean also what does mvm stand for
Posted: Mon May 27, 2013 4:31 pm
by Foggy
100 pence in the pound means the full debt will be repaid -- i.e for every pound you owe you will pay in 100 pence.
MVM is a mass variation meeting where a variation is put to all creditors at once.
Posted: Mon May 27, 2013 5:12 pm
by Susan.60
Thankyou
Posted: Mon May 27, 2013 10:57 pm
by nickjohn
However, if you are to pay back 100p/£ then you will also have to pay back the IP fees so you be paying back more than 100p/£..
Posted: Sat Jun 01, 2013 10:02 pm
by Susan.60
If my case has not got to go to mvm does this mean I will not have to pay anymore to gant thornton