Thanks for your advice One more thing .... How soon after the completion (if all goes to plan), can we apply for a mortgage - I have heard 6 months and then 3 years to get back to high steet rates?. Not that I am going to rush into it with the dreaded property bubble set to pop at any given moment!!...

Hi again, I've just come off the phone with the IP and they are willing to put forward a F&F of £15,000, over both arrangemnts. This would give a 24% dividend from both arrangements (originally offerd 27%) but, this is without May's payment due out tommorrow - so I am hoping more in the region of 25...

Thankyou both so much for your time, it means a hell of a lot to me at the moment. Andy, The original proposals detailed fee's as: Hubby nominee's fee's £1,670 supervisors fee's £3,140 VAT £842 Out of pocket expenses £350 cost of covening meeting £130 Total £6132 Mine nominee's fee's £1960 superviso...

Hi Melanie,

Thanks for your reply, I must admit not taking the additional contributions into account is a bit of a blow to me!! - but I trust your advice.

How long does the whole process take and have you dealt with a similar situation before, if so what was offerd??

Thanks

Thanks for your response Andy, I know exactly were your coming from with regards to the fee's. Is this normal play then, for the IP to reduce their fee's when taking F&F or is this different for each IP???? What dividend would this give and have you known anyone in a similar situation? Thanks for yo...

Hi again, URGENT - Just phoned the IP, they want the whole of the remending payments as F&F. Let me explain about our IVA's My IVA I owe £39,601.63 and pay 295.00 x 60 = 17,700 of which 27% was due to go to creditors = £10,692.33 leaving 7007.67 to the IP for fee's etc. I have paid so far (including...

Thanks for your replies.

I will ring the IP tommorrow to discuss a reasonable offer and let you know in due course how it went.

Thanks again.

Sarah

Hi thank you for your replies. The IVA's are seperate, we pay our contributions seprately each month, but the original proposals were calculated on our joint incomes (I hope this makes sense). We had a joint loan through Egg for £18,000 and our current account overdraft through Lloyds TSB, I think i...

Hi, my husband and I are are currently in IVA,s (2 years in)and are considering a full and final from a third party (Mum & Dad). We have joint liabilities through two of our creditors of which our IVA's currently offer a 27% dividend from each. As we are offering full and final could the dividend be...