Hi guys -
Just made an offer to CreditFix to put forward my full and final payment offer.
I have 48 months left on my IVA which I calculated as 48 x £123.00 = £5904.00.
I have offered £6,200 as my mother kindly offered this amount to pay it off.
What do you think my chances are of it being accepted? Is there a certain percentage of chance?!
Credit fix have been quick and amazing for everything and have arranged the meeting for the 19th of this month.
That is a very generous offer and will most likely get accepted. You are saving them 4 years of admin costs as well as getting them the money they are expecting ( actually more) 4 years earlier ! I would have ventured a lower offer would have been acceptable -- but of course -- the higher the more attractive.
Had I been making the offer I would have gone in with, say, £5,000
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Foggy wrote:That is a very generous offer and will most likely get accepted. You are saving them 4 years of admin costs as well as getting them the money they are expecting ( actually more) 4 years earlier ! I would have ventured a lower offer would have been acceptable -- but of course -- the higher the more attractive.
Had I been making the offer I would have gone in with, say, £5,000
Thank you Foggy! That’s given me a great confidence boost! Just want this all to be over now.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Sounds like a great offer, CF were fantastic dealing with my F&F offer in July this year, I had 6 payments left to make of £210 + a 12 month extension for equity so £3780.00 outstanding and my offer of £1380.00 was accepted by all creditors. I received my CC really quickly and our names fell off the register exactly 3 months later. Good Luck with your offer
Inter-locking IVA approved 25th Feb 2013 - F&F offer Accepted 06th July 2017 - Completion Certificate received 20th July 2017
harrysmummy78 wrote:Sounds like a great offer, CF were fantastic dealing with my F&F offer in July this year, I had 6 payments left to make of £210 + a 12 month extension for equity so £3780.00 outstanding and my offer of £1380.00 was accepted by all creditors. I received my CC really quickly and our names fell off the register exactly 3 months later. Good Luck with your offer
Ahhh amazing! Congratulations. Thank you for replying. My creditors meeting was this morning but haven’t heard anything yet!
How long did it take for them to tell you if your offer was accepted or not?
harrysmummy78 wrote:Sounds like a great offer, CF were fantastic dealing with my F&F offer in July this year, I had 6 payments left to make of £210 + a 12 month extension for equity so £3780.00 outstanding and my offer of £1380.00 was accepted by all creditors. I received my CC really quickly and our names fell off the register exactly 3 months later. Good Luck with your offer
Ahhh amazing! Congratulations. Thank you for replying. My creditors meeting was this morning but haven’t heard anything yet!
How long did it take for them to tell you if your offer was accepted or not?
CF's biggest failing is communication -- I would chase them!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
