Do you think that this is the right amount and timescale for a F+F ?

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
Post Reply
 
 

Dave.34

User avatar
Posts: 14
Joined: Mon Mar 02, 2015 5:33 pm
Post by Dave.34 » Fri Jun 12, 2015 9:34 pm
Quote
I HAVE JUST HAD MY EQUITY CLAUSE REMOVED AND HAVE 15 PAYMENTS LEFT.
SPOKE TO COMPANY ABOUT F+F THEY SAID OFFER 15 PAYMENTS BUT AS MY EQUITY MEETING TOOK 3 MONTHS TO ARRNGE I HAVE OFFERED 13 PAYMENTS BECAUSE I AM NOT EXPECTING A REPLY FOR AT LEAST 8 WEEKS.
DO YOU THINK THIS IS RIGHT AMOUNT AND IS 8 WEEKS THE RIGHT TIME SCALE.
ALSO IF ACCEPTED HOW SOON DO YOU PAY.
THANKS
Top
 
 

Foggy

User avatar
Posts: 33395
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
Post by Foggy » Fri Jun 12, 2015 9:59 pm
Quote
8 weeks is about right if your firm is on the ball. If accepted you usually need to pay within 14 days unless a different timescale has been agreed.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Top
 
 

fisherman

User avatar
Posts: 51
Joined: Wed Nov 05, 2014 1:26 pm
Location: United Kingdom
Post by fisherman » Sat Jun 13, 2015 8:03 am
Quote
Hi Dave.34 As I was paying my f&f with funds from a pension DFD gave me three months to pay after the f&f was accepted
Top
Post Reply
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”