exhausted from the strain and extra work

[MelanieGiles]

I do not believe that any of those creditors will have any difficulty in accepting your offer of early settlement. I suggest you send this to your IP by direct e-mail and request that he puts it forward to your creditors. They are the ultimate decision makers in this scenario.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[tiredandy]

Hi,

Shall I go for 30p in the pound or 35p as Andy suggested?

Andy

[MelanieGiles]

Andy

When I give settlement figures to my own clients, on a similar basis to the circumstances of your case, I work out how many more contributions are due to be paid, deduct the fees for completing the job and possible add a little extra to ensure that creditors will accept the offer. This, however, is merely a guideline, and you must formulate your own offer based upon what you think is reasonable and you can afford. Obviously the more you pay in the more chance you have of getting acceptance, but I would have thought that the lower figure would be a good starting point.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[tiredandy]

Sent off a letter to Gareth explaining situation and idea of full and final, await response.