I have just started an IVA,

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neilw39

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Post by neilw39 » Sun Nov 30, 2008 4:15 pm
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I have just started an IVA, (09/08), at what point can you offer & F&F payment, and what value is a good offer. It's not an option for me, but who knows what the future can bring...just out of interest.
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kallis3

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Post by kallis3 » Sun Nov 30, 2008 4:18 pm
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Hi,

I am not sure when you can offer a F&F, some IVA's now state that there can be no varations until 24 months, don't know if it would cover that.

As the the offer, that all depends on how much you owed and what the dividend is. It's different for everyone.
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 Nov 30, 2008 4:27 pm
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Technically you could offer a full and final settlement at any time, given the right circumstances.
Regards, Melanie Giles, Insolvency Practitioner
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