I just thought I'd give everyone a happy update. Creditors meeting was held yesterday to discuss our F&F proposal, this variation estimated a didvidend of 13 pence in the pound instead of the originally estimated 22 pence in the pound and was accepted. This news has brought so much relief to myself ...

Hi, we have had a telephone meeting with our IP this morning with regards to a full and final settlement.

My brother is offering the sum of money for the F&F and the IP has asked for a letter from him to confirm this.

What should my brother's letter say?

Thanks

Thanks for your replies so far.

We don't have any property or other assets.

Like so many on here I would just like a few views on whether my F&F proposal is likely to be accepted or doomed from the start. My wife and I have been in our IVA since the end of 2008 with 3 years remaining and have paid £10,000 of an expected £27,000 from total debt of £70,000. This leaving £17,0...