Hi My full and final settlement of my IVA was accepted in June this year and I have received my completion documents. I have written to all my creditors and as well as Experian and Equifax with a copy of this and asked them to take off the defualts after the IVA start day of April 2009. Apart from t...

Hi, I have just settled my IVA with a full and final settlement and know I will have to wait some time for the certificate. Looking at my credit file all of my creditors are putting a status 8 on my account every month even though my IVA was agreed in April 2009. Should they still be doing this?I kn...

I need to know if the IVA company has to put the offer forward without conditions and not what the IVA company would like to do.

No there is no reason for not providing the information. However can an IVA company refuse to put forward an offer without more details? A family member has already written a letter to offer a full and final settlement for the IVA. I need to know if an IVA company has a duty to send the offer to the...

No there is no reason for not providing the information. W

If a relative offers a full and final settlement for my IVA can my IVA refuse to put if forward without a full income and expenditure from me

I need to know if the IVA company are duty bound to put an offer forward to the creditors without conditions

I made an offer to my creditors via my IVA company and I have to say they were not very helpfull. Basically they said that I would need a reason to settle the IVA which is fair enough. and I have a very valid reason. However, they said they would need to do a full income and expenditure review befor...

Hi to all who have replied to my questions. Much appreciated as I have so much more idea as to where to go with an offer to my IVA company now. I needed to find out more information before putting a proposal forward. I will keep you updated

Hi Melanie, I guess if I make the max offer of 4K there is no way to go from that as that is the max that can be offered so couldn't do above it if that makes sense and not keen for IVA company to charge me a lot for a meeting. What percentage for final settlements have your clients settled for with...

I would just like as much information and assistance I can get before approaching my IVA company

Thanks for all the replies. What are your thoughts on making an offer of £2500 and increasing that if it is rejected to a maximum of £4K. If I did need to make the increased offer it would need to be in May 2013 instead of January as my relative would need more time to raise the money for the full a...

Hi Hyperdrive

Can you tell me what Full and Final you are looking to make to end your IVA?

Hi Melanie, I can afford the monthly payments but only because my relative helps me out with things such as the costs to keep my car on the road and other unexpected expenses related to running a house. Can you explain the process if I make an offer to the creditors via the IVA company? I know you t...

Thanks for all the replies, much appreciated. I can understand that the IP and creditors may think the offer is on the low side with payments and the £2500 making a return of around 67% of the ammount on the payments of £242 per month. Like all of us costs for everything have risen a lot in the last...

Hi I have a question with regards to a full and final settlement of my iva. My IVA started in April 2009 and was originally due to end in April 2014. This was extended to October 2015 due to missed payments. My initial payments were £192 per month which went up to £242 after a year. My figure ...