Full & Final Settlement help...

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scrubage

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Post by scrubage » Sun Jan 17, 2010 3:37 pm
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Hiya

The last year of mine and my partner's IVA is due to start in May 2010 and we've found out that I'm expecting our first baby in July. Our monthly IVA payment is £352 and we've been offered £2000 by my grandparents but only if we can come to an agreement with our IP to pay off the IVA early. Do you think considering our circumstances and the fact that we will be in our last year shortly that they would accept this as a full and final settlement offer? Many thanks
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kallis3

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Post by kallis3 » Sun Jan 17, 2010 3:57 pm
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Hi scrubage and congratulations on your news.

Firstly, as you are due to start your final year, I would see if your IP would accept your payments to date as a full and final agreement for your IVA.

If not, you can always offer them your grandparents money.
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
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MelanieGiles

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Post by MelanieGiles » Sun Jan 17, 2010 4:28 pm
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Is this a duplicate post with just another heading - or am I suffering from deja vu> I am sure I just answered the same question on another post!
Regards, Melanie Giles, Insolvency Practitioner
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scrubage

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Post by scrubage » Sun Jan 17, 2010 7:13 pm
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Hi Melanie, sorry I wasn't sure what thread to put this under. Thanks for answering though. I do have another question which I posted later on in my other post though
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MelanieGiles

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Post by MelanieGiles » Sun Jan 17, 2010 7:17 pm
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I will find it and answer!
Regards, Melanie Giles, Insolvency Practitioner
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kallis3

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Post by kallis3 » Sun Jan 17, 2010 7:21 pm
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Is this it Mel?

http://www.iva.co.uk/forum/topic.asp?TOPIC_ID=27074
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
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kallis3

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Post by kallis3 » Sun Jan 17, 2010 7:22 pm
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You beat me to it![:D]
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
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