Thanks very much for the reply Melanie. Most helpful. I would imagine £7500 would be sufficient to cover me for until I find different employment. To be honest my reason for the £5000 potential offer would be to increase the chances of the offer being accepted and ending the IVA. Without a job - rem...

Hi, I'm 40 months into a 60 month x £240 payments IVA = 14400 of an original £27,000 debt. All is going fine however I have recently discovered that there is a chance i may be made redundant(either via voluntary or compulsory methods) later in the year. The earliest I can see this happening includin...