I'm with iva last 5 year's. I offered them for settlement. I have 16 payment left. My monthly payments is �300 . I offer them �7000 but they not except
Which company are you with? Have they actually put an offer forward to your creditors?
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
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
Without a lot more information it is impossible to provide any form of opinion on this matter. In our experience creditors are getting a lot more strict in accepting FFS when they are entitled to the funds anyway and normal payments can still be made.
Without knowing where the £7000 was coming from and the full I&E details it is unclear whether the offer was the best that could be made.
James Kaye and Nick Morgan, Insolvency Practitioners with over 30 years combined experience.
Potential equity in a property plus shift towards secured loan towards the end can prove a factor.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
