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Posted: Sun Apr 05, 2009 9:20 pm
by vanquish01
I am just entering the final year of my IVA, however my wife is expecting our first baby in August and I have just received a redundancy notice for July. Obviously we don't want the IVA to fail at this late stage so was wondering what would be the best thing to do? If we continue to pay the normal payment for April/May and June and offer my redundancy of £2000 as a final offer in July would this be an attractive proposition for the creditors to agree to? It wouldmean we have repaid nearly £36k and the agreement was to repay £40,300. Any advice would be appreciated.
Posted: Sun Apr 05, 2009 9:25 pm
by keh
Hi vanquish01
It sounds a very good offer but you should speak to your IP and explain the situation and they can then get the ball rolling so when your redundancy has come there will be the minimum delay in doing the F&F
Posted: Sun Apr 05, 2009 9:27 pm
by MelanieGiles
Isn't this a duplicate post? I have answered on the other one!
Posted: Sun Apr 05, 2009 9:28 pm
by keh
Yes Melanie
I just read the other post
Posted: Sun Apr 05, 2009 10:23 pm
by vanquish01
Thank you for your replies, I apologise for the duplicate post but read that I had to register first before posting etc. I will have a chat with my IP in the next week. Thank you again
Posted: Mon Apr 06, 2009 4:19 am
by David Mond
An excellent offer that would have no problem in being accepted by your creditors - chase your IP accordingly and get him to put this offer forward asap. Good luck.