Finally things seem to be moving

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beckym

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Post by beckym » Sun Sep 09, 2007 9:54 pm
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After what seems like an age, our IP has finally arranged a meeting with the creditors for Oct 5th. They are going to discuss the possibility of a F&F after just 5 months in our IVA due to a change in our circumstance. We are looking to sell up and offer £24k (approx 36p in £). Our original debt was just under £60k.
We have the clause of not being able to change anything in first 24mths also.
Am hoping the credits are going to go with the F&F offer as this will not only leave us debt free but allow us to move to a larger property for our family and pending new child.
Does this sound a viable offer??
Last edited by beckym on Sun Sep 09, 2007 10:01 pm, edited 1 time in total.
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MelanieGiles

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Post by MelanieGiles » Sun Sep 09, 2007 10:48 pm
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Without knowing what you were originally offering it is a little hard to tell, but so long as you are putting the best deal on the table, and your IP puts his/her firm recommendation behind it, you should get the right votes on the day.

Good luck!

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

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
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mikebdomain

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Post by mikebdomain » Mon Sep 10, 2007 8:24 am
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Good luck Becky

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iva_squirrel

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Post by iva_squirrel » Mon Sep 10, 2007 11:23 am
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Hi beckym,

If you post a few more details about your situation we might be able to advise further but if your IP is putting this offer on the table its because he thinks its a good deal.

Regards,
Michelle P.
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ray_a

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Post by ray_a » Mon Sep 10, 2007 11:46 am
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Good Luck Becky

Let's hope it works out!

Regards

Ray
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iva.com

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Post by iva.com » Mon Sep 10, 2007 2:11 pm
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Hi Becky,

Good luck for 5th October. Please let us know how it goes.

Kind regards,
Terry Balfour
IVA.com

IVA.com - The IVA Comparison Site
100s of reviews, All IPs and IVA firms rated.

Use our IVA firm comparison tool to find best IVA firm for you:
http://www.iva.com/iva_comparison_1.asp
IVA.com - The IVA Comparison Site
100s of reviews, All IPs and IVA firms rated.

Use our IVA firm comparison tool to find best IVA firm for you:
http://www.iva.com/iva_comparison_1.asp
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