www.iva.co.uk

Posted: **Sat Jan 03, 2009 4:51 pm**

When making a F & F offer to creditors - am I right in saying they basically want 75% of any equity within my property?
Based on current valuation of my property that would equate to approx 20p in the pound being offered - would creditors accept this?

Posted: **Sat Jan 03, 2009 5:00 pm**

Well it normally is 85% but an offer that could give 20p might be appropriate but it depends on all your other assets (if any) and what your current disposable income is.

Posted: **Sat Jan 03, 2009 6:16 pm**

It will depend upon the actual terms of your IVA proposal if you are already in an IVA. Are you looking to settle an existing IVA, or are you looking to offer an IVA based upon the release of equity from your property in full and final settlement?