Thank you for your post. In all honesty, there was never any mention of pension or lump sum when the IVA was taken out. There didn't seem to be much concern about medium term finances. If the full settlement figure is around 12k I will be happy. After all, I did have the credit in the first place an...

I am not working, but in receipt of a monthly pension.
As for the lump sum, suffice it to say, after sorting all matters relating to a very expensive divorce I have about 30k in the bank.

All I want to do is pay what is reasonable and then forget this whole sorry business.

Thank you for your reply. I asked the IP some months ago for a settlement figure and he told me it would be around 12k to make full and final settlement. I know that originally I owed more than 25k and have been paying £385 per month (£107 to the IP company and the remainder to my creditors) I can a...

Hello. This is my first time so if I am asking a question that may have been asked hundreds of times before, please bear with me. I recently retired from the Police force on grounds of ill health. As I had 29 years pensionable service I received a full pension and the lump sum which came with it. Th...