Yes so happy! Thanks for all your help.

Accepted!! Wooooooo!!

Well tomorrow is the day! Fingers crossed!

Oh I see, never had ppi or anything so hopefully straight forward

Hi Just a quick update.. I've received the variation proposal in the post today. Original iva was for 26p in the pound, this offer works out at 30.54p in the pound. So a much better offer for the creditors, surely would be accepted?! Just a quick question, it says (subject to any financial irregular...

Just thought , did I need to put a reason as to why I'm offering an F&F?

Hi

Just an update, I've gathered all the required info and sent an offer of 8,500. I'll keep you updated!

Hi Foggy

Thanks. I will try £8,000. Is there anything in particular I should include in my letter to speed the process up? Could I say something along the lines of until the offer is accepted and payment is made the ongoing payments they receive will be deducted from the offer amount ?

Hi I had an estate agents valuation manager out today who valued it at 125k-130k which means it's gone up loads since I purchased it and the equity is definitely now over the 5k mark?! My mortgage statement shows I have £22,081 remaining. An exit fee of 199 bringing the total to redeem the mortgage ...

Ok I will get one organised asap.

Hi

The 115 was just on the estimated value in the IVA documents. The 22k was from my latest mortgage statement of how much I have left to pay.

So what would you suggest as an offer? Would £7,500 be successful?

Hi Foggy

Thanks for the quick reply! Yes it's with radian housing. It is a shared ownership property.

Hello Sorry for the delay in replying, have checked the body of the proposal it reads: ' Six months prior to the expiry date of the IVA there should be an attempt to release home equity. However where I am unable to obtain a remortgage, the IVA should instead be extended by upto 12 months. The amoun...

Hi I've looked on my proposed voluntary arrangement. The comparison of estimated outcomes. Under the bankruptcy column it says 6,100 equity available. 85% LTV. But then in the voluntary arrangement column it's not included. Then on the estimated statement of affairs it lists the assets.. of which is...