Advice needed on full and final offer

[Bourdieu]

Hi all,

I want to give my IP a chance to go back to NR with some further details (my income/expenditure and a recent valuation on my flat which shows I am now £9k in negative equity) before I decide what I do next.

On Catullus's advice I went back and checked the variation proposal sent to my creditors which I was sent a copy of. In it was stated that creditors would receive 40p in the £ with my f&f offer of £21.6k (the stipulated minimum in the original proposal was 45p in the £). However by my calculations an offer of £21.6k on original debts of £47.95k would return 45p in the £ which was why myself and my 3rd party thought this was a fair and reasonable amount to offer (I have also contributed £5k+ already). I have asked my IP for clarification on this.

In the meantime I suppose all I can do is wait and see what NR's response is, but I can't help feeling they are not being given the full details of my case.

B