Will a Personal insolvency practitioner have final say

[Baby blues]

Just wondering who will have the final say:
Have been advised that the pia might be the way forward for our situation but who will have the final say, the bank or the practitioner putting the case forward.?

 

[PH&A]

The PIP should advise you on the best course of action. If, for example a PIA is the best solution, then the PIP will assist you in drawing up a proposal for the creditors, including the bank, and the creditors will vote as to whether to accept this proposal. so in truth the creditors have the final say. Hope this helps