Just as a note the £25,533 offered is what the creditors would have received if the IVA kept running to the end as it stands now including the extra year PLUS we are still making payments as normal until the house is sold ON TOP of this so we haven't offered less in fact they potentially are getting...

Hi guys, So after the long frustrating wait our variation meeting deadline is tomorrow 15th June at 1pm. However we received an email from Payplan yesterday stating that they had received a rejection vote for our full and final offer of £25,533 from a "voting agent acting for several of our creditor...

Hi guys, So after confirming via email on 11th March with Payplan that we wanted to go ahead with the full and final offer from selling our home we are still waiting for documents to sign and for the variation meeting to be called. There was a few days delay as they wanted a copy of my mortgage rede...

Thanks Foggy, I'll check on the extra with Sam for sure but yes we wanted to offer the best amount we could to get them to agree considering in their eyes we walk away with £100k from selling the house and could pay the full amount but that would leave us worse off! Hoping we get the answer we hope ...

Hi Foggy, Calculation below copied from email from my case manager....... I have looked at the figures again for you and your payment levels are proposed to increase to £357 for yourself and £127 for Sam once the HP ends in June. For yourself March – May £256 June – March 25 - £357 April – May 25 - ...

Thanks so much for the replies. We are going ahead with the offer but its a lot more after Payplan worked out what was remaining to be paid into the IVA - £25,537 so now waiting for them to arrange the variation meeting. I'm hoping we are approved. Totally unsure about the process but assuming simil...

Hi everyone. We started our IVA in June 2020 with Payplan and the total debt we owe according tonthem if we settle now is including interest and fees is around £68,000.00. The reason for our needing to end the plan early is our 9 year old has been talking about suicide related to school and sufferin...

Hi Nigel,

Unable to offer advice but we are about to make a F&F offer and Watch Portfolio have also bought a lot of our debts so curious to find out how this ended for you.

Hope it was a good outcome.

Becky