ok i will do - fingers crossed.

27k is the total amount that i owed to my creditors.

so let me get this straight in my head, if i owe 27k and by beginning of Oct i will have paid back£7k - leaving £20k. The offer i have had is £16k from my relative, is that a reasonable offer that has a chance of being accepted.

The clause says that in the 4th year of the iva i will raise 9785 which is my share in the property, if i am unable to relaease that amount i will release the maximum i can. To me that says that the 9785 is the maximum? is that right?

I have offered a figure of 16k to my IP as explained above, they have asked for my last bank statements and also an upto date valuation on the property, i cannot see why they would need this - is this routine?

ok, that helps. Would i need to supply bank statements etc or is it a ssimple as contacting my IP and explaining what I have above.

if i was able to increase that money to 20k with help from another relative - what is the prcoess of putting an offer forward?

not as yet because i need to submit it in writingand if it was not a reasonable offer i was going to decline he offer from my relative.

i have been paying 278 a month for 22 months into my iva. (£6116) In the 4 th year of my iva i am required to raise 10k either with a remortgage or other means meaning i will have paid 27k which is my orginial debt. I ahve been offered to be given £13k my a relative to offer to my creditors to finsi...