F & F help needed please

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Tink

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Post by Tink » Sun Oct 27, 2013 9:00 pm
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Hello,
Can anybody please give me some advice regarding making a full & final offer?
Firstly, how do I go about actually doing it?
Do I need to have a reason for making the offer? I have no reason other than a family member offering me the money to complete the IVA early so I can move nearer a better school for my children when they start.
Does the letter from the family member need to state it's a gift or a loan?
Any help is greatly appreciated.
Many thanks
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MelanieGiles

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Post by MelanieGiles » Mon Oct 28, 2013 12:28 am
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Hi Tink and welcome to the forum

You do not need a specific reason, but will need to be offering an amount that gives creditors a similar amount to that they had originally agreed to accept.

The letter from your family member can state that the money is either a gift or a loan, depending on what the terms of it being provided to you actually are.
Regards, Melanie Giles, Insolvency Practitioner
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Kelly O

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Post by Kelly O » Mon Oct 28, 2013 10:56 am
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Hi Tink and welcome to the forum

I will be keeping my fingers crossed that you can complete your IVA with a full and final payment, I know how important it is that your children go to a good school.

Let us now how you get on
Regards Kelly Osadare Debt Advice Manager at www.pjgrecovery.com (host to www.melaniegiles.com.)

PJG Recovery have a free online advice channel at www.debtadvicetv.com. If you are ready to ask us for specific advice or help, then get in touch at www.pjgrecovery.com/contact-us.asp . I look forward to speaking to you.
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