I've submitted my offer of £5,500 to Payplan - awaiting response back as to what needs to happen now....

Thanks Michael, I will. My case officer was on leave when I made my initial enquiry about making an offer, hopefully they will be able to clarify the reasons for this delay... Do you think my offer of £5,500 plus September's payment (due on the 4th) would be in the right -ball-park..? if they were t...

Thanks for the replies people.... For the record, should my offer £5,500 be accepted and I make the usual payments whilst this process takes place ie. 6-8 weeks (which would be minimum of 2 payments) I would pay my creditors approx 83% of what would paid to them if I continued with with my normal pa...

Earlier today I requested clarification on this matter from Payplan. I’ve just got this reply…. With regard to the full and final offer, the process is as follows:- You have £7689.43 remaining to pay so it is your choice what you feel you wish to offer the creditors as a full and final payment, howe...

Hi Tina, Thanks for your reply. My parents have offered to pay it as, they want me and my family to be clear of debt, as I've been in the IVA for over 6 years now...and to be honest it's getting me down a bit recently... Last year after my in/out review my payments were increased and the end date st...

Thanks for taking the time to reply Lesley, appreciated.

S

I've been in my IVA for nearly 6 years now ( I had to reduce payments in the past due to income changes and my IVA was extended) so I guess my parents just thought they'd help me get clear a bit earlier. My next payment is due soon and reading through the other settlement posts, I see this process c...

Hi, I have 17 months to go until my IVA is cleared, I pay £451 per month and at the current rate I will have paid just over £7600 when complete. My parents have said they would be prepared give me £5,500.000 if it would help to end my IVA early. Do you think this would be a reasonable offer to my cr...

I entered in an IVA in Dec 2004 making payments of £510 per month with the final payment due to paid after 60 months (Jan 2010). However, in 2005 my job circumstances changed and my payments were reduced to approx £375. At the time I was told that this would extend the duration of my IVA. Early in 2...