F&F

[Aaron]

Hi, about to offer up a f&f paying back the original dividend of 41p....

My reasons being due to change in circumstances, which are spliting with g/f and having to move. Rent has increased as has other bills. My options are reduce IVA contributions or family are willing to help with a lump sum an I pay them back. My IVA company has told me the figure that needs to be paid.

Just wondering what my chances are of the f&f being agreed....

My creditors were - Northern Rock, BOS, Halifax, Virgin, Egg & Mrgan Stanley. Most of these have now sold my debt on to Max Recovery Ltd.

Do you reckon my F&F will be accepted? I will be returning the same dividend.

Also apart from a letter explaining my reasons for a f&f and the payment, what else will I need to provide?

Can's wait to get things cleared and my credit file back on track again.

Thanks

[joh71262]

I've read on here that your cedit history stays put for 6 years from commencement of IVA, whether you pay the F&F or not. I think it's unfair, but I suppose it's to ensure that you don't get on a sticky wicket again.

Good luck with your acceptance.

[MelanieGiles]

I am sure that you will be successful on the day - where is the money coming from as a matter of interest? If your IP has appropriately explained the change in your circumstance, there should be little difficulty in persuading creditors to accept an earlier repayment.

[Soulgrowth]

Do you have a date for a creditors meeting yet Aaron?

Debbie

[Aaron]

Hi, thanks for the replies. My mother and/or my older brother will help. No date set...am still deciding what to do and instruct my IP accordingly.

Thanks again.

[Soulgrowth]

Good luck ... and keep in touch

Debbie

[Adam Davies]

Hi
Looks like certain acceptance
Regards