How much are the remaining assets/payments you have to make into the IVA?

This is what your offer should be based on.

You might have inadvertently asked your IP the wrong question.

See my You Tube video here for a bit of background:

https://youtu.be/h4dozq9aGak

I agree with Foggy £6-6.5k seems attractive.

This will be academic until October 2024 due to the 6 years of damage I'm afraid, I wouldn't waste any time on it.

Assuming the furlough money related to your wage then you should use this income to pay your presumed normal IVA contributions.

The redundancy money will also have to be paid over, likely in full as you have found new employment.

What site?

I would wait to see what happens with your employment/potential redundancy/reduction in income.

if your income is reduced and contributions reduced accordingly then the offer will be much more attractive.

If it's equal to what you have left to pay then it sounds like an attractive offer.

Best of luck.

The onus is on you to contact your IP with the equity details, if applicable, usually at month 54.

Do not wait for your IP to contact you.

As Foggy states your disposable income is usually calculated pro rata between you both , if not it is assumed to be 50:50.

Don't forget to explore whether Bankruptcy is a better option for you.

Are your total debts c£1,800? If so an IVA will not be suitable for you.

You're welcome. Best of luck.

It is a bit ambiguous as they have called it goodwill in one sentence and final settlement in the next. I recommend you ask them to clarify what they mean by final settlement. I suspect they meant it as regards taking your complaint any further. They have advised you that, as suspected, no dividend ...

Noted Foggy - hopefully I have not breached!

How often is the list of experts updated?

Thank you

The IP might still be in practice at another firm and may be able to help.

Try here to find them:

https://www.insolvencydirect.bis.gov.uk/fip1/

You need to speak to your IP about this.