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Posted: Sun Jan 10, 2010 4:45 pm
by .AADD
my husband and i are in debt of approx £28,500, my brother has offered us £10,000, would that be enough to offer the 6 companies a F&F settlements, would be grateful for any advice

Posted: Sun Jan 10, 2010 4:48 pm
by Adam Davies
Hi
The figure sounds fine, you will need to convince your creditors that it is the best deal avaialble to them. Do you have any disposable income at the moment and any property assets ?
Regards

Posted: Sun Jan 10, 2010 5:23 pm
by MelanieGiles
Are you intending on doing this informally? Or by using an IVA?