Full and final

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

jamster247

User avatar
Posts: 26
Joined: Tue Oct 16, 2012 3:13 pm
Location:

Post by jamster247 » Sat Jul 23, 2016 7:48 am
Hi what's the process to get this started?

I have 24 months left to pay at 224, but been offered 3500-4000 to pay it off would this be accepted also my income last 3 months has dropped by 100 due to no overtime in work

Thanks I know I've been a pain but just want to get sorted for future
 
 

kallis3

User avatar
Forum Expert
Posts: 77167
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Sat Jul 23, 2016 8:19 am
Hi,

Speak to your IP company and tell them you want to do this and that the money is only available for a full and final.

It will take a few weeks to sort out so best get the ball rolling as soon as possible.
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
 
 

jamster247

User avatar
Posts: 26
Joined: Tue Oct 16, 2012 3:13 pm
Location:

Post by jamster247 » Sat Jul 23, 2016 8:21 am
Hi do you think that is a ok amount?
 
 

kallis3

User avatar
Forum Expert
Posts: 77167
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Sat Jul 23, 2016 8:37 am
You can offer the lower figure to start off with and see what they say - they may want it upping but then they are saving on admin costs and the creditors will get their money sooner rather than later.
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
4 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”