F & F

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

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Mon Dec 15, 2014 9:03 pm
I was (ended up with) GT who are also a large faceless company who have a specialised department for everything .... like a variations department. So it appears do Creditfix.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Michael Peoples

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

Post by Michael Peoples » Mon Dec 15, 2014 9:22 pm
Any offer made is your offer and can be amended as you see fit. Foggy's suggestion is a good one but if the IP firm delay too much you could end up in breach!
Speak to the IP and perhaps you may get more satisfaction.
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
 
 

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Mon Dec 15, 2014 9:38 pm
Sorry -- I did mean suspend the payments by agreement. Doing so without prior agreement could be throwing away future lifelines.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Ruth.mh

User avatar
Posts: 170
Joined: Tue Aug 02, 2011 3:37 pm
Location:

Post by Ruth.mh » Tue Dec 16, 2014 8:58 pm
Managed to get through to the 'client supervision' dept at CF today and spoke to a knowledgable person.

She advised that it is the person offering to make the F and F lump sum that writes the letter saying why they are offering to do it. Is this right? As another person at CF told me it's me that writes the letter.
Last edited by Ruth.mh on Tue Dec 16, 2014 9:00 pm, edited 1 time in total.
Dreaming of the day that I'll finally be debt free!

My blog http://venus2129.blogs.iva.co.uk/
 
 

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Tue Dec 16, 2014 9:51 pm
Different IP's have their different foibles. In my experience it is you who will make the offer, even if using 3rd party gifted funds .. after all it is your IVA, not theirs.

In my case my IP did all of the leg work from a phone conversation, but I was not using funds from a third party. They will, in any event require a note from said third party explaining that the funds are theirs and are available for the purposes of the F&F offer only.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
20 posts Page 2 of 2
Return to “Ask IVA Forum and Industry experts”