After my partner became ill with cancer a F&F was accepted and paid but there was a short fall

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Nigeldg31

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Post by Nigeldg31 » Thu Feb 11, 2016 1:23 pm
Nigel entered in an IVA with his partner in 2011. His partner became ill with cancer and so an offer was made for full and final settlement which was accepted. this was paid but £2k short. He expected closure in January but the company has stated that they must attend a meeting due to the shortfall.
Nigel would like some advice regarding the meeting.
 
 

Lisa Thomas

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Post by Lisa Thomas » Thu Feb 11, 2016 1:37 pm
Sorry to hear about Nigels partner. I suspect his partners IVA will have been closed if s/he is unable to continue to make payments leaving Nigels IVA left to deal with.

Was a F&F put forward on both IVAs or just one?

If the F&F was paid how was it £2k short and why was the F&F not paid in full as promised?

Sorry to ask lots of questions but its difficult to advise with little detail...

Maybe Nigel can call me to chat through?
Last edited by Lisa Thomas on Thu Feb 11, 2016 1:38 pm, edited 1 time in total.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
 
 

kallis3

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Post by kallis3 » Thu Feb 11, 2016 1:44 pm
Hi Nigel and welcome,

So sorry to hear of your partners illness.

Could you furnish us with some more details? Which company are you with?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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