Wondering if my F&F offer will be accepted ?

Get expert opinion. This is the place for new questions to be posted.
2 posts Page 1 of 1
 
 

Kaesh.01

User avatar
Posts: 1
Joined: Thu Oct 09, 2014 12:02 pm

Post by Kaesh.01 » Thu Oct 09, 2014 12:02 pm
I have 18 months left in my iva I am paying 350per month if i pay 5000 as a full and final payment will they accept
 
 

Michael Peoples

User avatar
Industry Expert
Posts: 15189
Joined: Mon Nov 03, 2008 12:36 pm
Location:

Post by Michael Peoples » Thu Oct 09, 2014 12:56 pm
It is borderline but personally I would be inclined to accept it so hopefully your creditors think the same. However this assumes you do not own a property with equity as creditors could get an extra year's payments in this case.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
2 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”