Hi I am new here. I am currently going through a F&F

[Elliott21]

Hi I am new here
I am currently going through a F&F to conclude my IVA early.
The circular arrived today for me to sign after waiting 14 weeks for them to be drawn up. It states in the paper work that the creditors will receive 18.9p to the £1 instead of the planned 29p to the pound.

How likely are my creditors to accept the offer?
I have paid in extra over the years ppi and overtime. Never missed a payment.

Would my Ip submit a claim that they feel would not be accepted?

So many questions bouncing around my head

[luluj]

If your IP felt it wasn't achievable then they would not be submitting the proposal to creditors. It is an opportunity to put your best offer forward and to come through your iva earlier than originally planned - keep your fingers and toes crossed and I am sure it will be ok.

[Lisa Thomas]

Also is that estimate of 29p based on what was originally estimated at the start or what they would receive if your IVA continued?

The question is how much F&F have your offered and what payments did you have left?