Wondering what is the acceptance rate of full and final settlements

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Laura.16

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Post by Laura.16 » Tue May 17, 2016 3:14 pm
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We are in the process of offering a full and final settlement on my husband's IVA.
Does anyone know the acceptance rate from creditors at all?
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kallis3

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Post by kallis3 » Tue May 17, 2016 3:17 pm
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Hi and welcome,

The vast majority do seem to accept them but of course it all depends on your company and how much you are offering.
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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Shining

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Post by Shining » Tue May 17, 2016 3:24 pm
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Hi and welcome from me too, good luck with your F&F offer.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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Foggy

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Post by Foggy » Tue May 17, 2016 3:46 pm
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If it is a reasonable offer there is every chance of it being accepted --- after all the creditors want shot of the toxic debt as much as you do :-)
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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