Full and Final Details

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munchkin77

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Post by munchkin77 » Wed Jul 09, 2008 12:14 pm
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Hi

If you wish to propose a full and final as a friend is willing to loan you the money do you have to give details of that friend?

I am moving overseas and the friend in question would not wished to be named.

How much detail do you need to give about full and finals?

M
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Viki.W

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Post by Viki.W » Wed Jul 09, 2008 12:33 pm
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Hey munchkin77, I'm sure one of the experts will be along to advise you. Good luck with the move and the F&F. X
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
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MelanieGiles

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Post by MelanieGiles » Wed Jul 09, 2008 1:07 pm
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Your IP will be interested to know where the money is coming from, but your friend does not beed to be mentioned in your variation report at all.
Regards, Melanie Giles, Insolvency Practitioner
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indebtforever

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Post by indebtforever » Wed Jul 09, 2008 1:08 pm
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he wouldnt have to give any personal details just a letter saying that he will loan you the money and also if you can show your ip you have the funds at hand this is better.you will need to state in your letter you will only be recieving the funds if it finishes the iva.
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munchkin77

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Post by munchkin77 » Wed Jul 09, 2008 1:12 pm
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Thank you thats really useful.

It sounds silly i know.

I shall have a think about it. :)
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