Thanks Foggy PayPlan used Mousepeice to value my property at first which they said it was free to do but doesn’t seem to work when I do it! Do you know if there is a website that offers rough estimates ? I’ve tried/failed to find one. In any case I’m not sure if this isn’t pointless - they’ll probab...

Thanks - My father has a remortgage agreed in principle (ready to access and has until June to take up the deal). He will not accept the funds/deal until the offer is approved - how will this work when presenting the offer? A screen shot of the remortgage offer suffice? On the point of PAYPLAN or an...

<t>Hi IVA community <br/> <br/> Looking to F&F settle with my IVA which is with PAYPLAN.<br/> <br/> Money is being gifted by Parent, question is does anyone know what information PAYPLAN will request at the start throughout the process?<br/> I have a property release clause (at start of IVA his ...

Anyone know what information PAYPLAN ask for as part of the settlement process ? I have never had to provide Bank Statements at review periods - are these requested?

Thanks Foggy - based on the information known how would you best proceed ?

Appreciating advice only etc etc

Thanks Kallis So will the IP be happy with a letter highlighting the offer to settle at X amount without seeing a copy of the funds? Confusing to write but from just querying if my IP would want to see the funds (eg screenshot from banking app) - I have seen a letter that has been devised but curiou...

Hi Lisa So can the offer be presented as a loan to my IP? Unsure if this would be frowned on ie I would be now repaying my nephew. I should have stated that my overall debt was approx £89k - the £21k ‘offer’ was based on my IVA payments up to month 60. I think this part is a tad catch 22 but my neph...

Jumping on the post - how about School Governors including becoming Chair of Governors ?

Thanks to all for have advised.

I think the main Q was if when submitting the offer, the IP or creditors will request a valuation to be obtained also and wondered if my situation had been evidenced before.

Again - thanks

Thanks Lisa

I have that in hand and know the approx redemption figures including early exit penalties. I would estimate (although no valuation just in recent sale prices in my area) that my remortgage equity sum is approx £20k.

Hi I’m approx 3 months away from Yr 3 so am basing the offer at the Yr 3 point to allow time for the offer to be submitted, variation meeting to be set etc. Monthly payment is £690 and folks have muted 19000 - which obviously equates to the 24 months between years 3-5 and approx £2500 in addition as...

Thanks Foggy ... When conmencing the plan my equity position was <5k however believe it will be greater - hence the drive to settle early in case (and I accept chances of success are minimal) that the equity release process is successful. Is it worth, as a starting point, offering the F&F for the Yr...

Hi all Currently coming up to Year 3 mark on my IVA. I am married but my partner is not on my IVA however we have a mortgaged property and this was naturally included in my plan ie potential equity to be introduced at the Yr 5 period. I may be in a position to offer a F&F offer to my IP (Payplan) vi...