www.iva.co.uk

I have a 66 month IVA as my equity was written in as 6 extra months. My IP has confirmed that no equity can be taken from me over my 6 months extra payments (£3708). I have paid 39 payments at £618 pm of my IVA, no defaults.

I now have 27 payments remaining (£16686 remaining).

If i were to sell my house, the equity i could get would be around £10k and a gift from my father of around £3000. Do you think i would be successful in getting a settlement?

Hi and welcome to the forum. I think it would be worth having a chat with you IP and asking him/her to put the offer forward if s/he thought it viable. All the best.

I agree with Lesley, you should speak to your IP. Hope you can get it sorted. Let us know how you get on.

welcome to the forum natjsmart if your ip thinks this is viable the figures look like a good offer to me.it looks like your ip is doing a very good job for you with just the 6 month extension.one problem i could see is if you got the offer agreed at a variation meeting the funds would not be available until you sold your house.like already mentioned your ip is best placed to advise on this,and i,m sure one of the professionals will pick this up for you and advise if its viable to do. good luck and well done for getting this far.