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Posted: Tue Nov 30, 2010 5:25 pm
by Rachel.1
i have just applied for a f+f settlement...my iva is up in july and if we dont have any equity in our house we have to extend by 12 months...if we keep goin for 12 month the differance will be £2000 my mother in law has offered the f+f of £8400 to be paid asap if the creditors accept.what are the chances of them accepting do you think bearing in mind we only have 8 payments left.most of our debts have also been sold on to other companies.
Posted: Tue Nov 30, 2010 7:08 pm
by clareyfarey
Hi Rachel
Have you spoken to your IP about your options?
I'm not too hot on F&F's, but I'm sure one of the experts will be along soon
Cx
Posted: Tue Nov 30, 2010 10:27 pm
by Lisa2009
If the F&F offers a similar ammount to that which you would pay in the remainder of your IVA with the extra 12 months included then it stands a very good chance of being accepted.
Most prefer to get their money sooner rather than later.
Posted: Tue Nov 30, 2010 10:44 pm
by Shining
As Lisa says it would be worth making the offer and fingers crossed here it's accepted.
Posted: Mon Mar 07, 2011 11:41 pm
by Rachel.1
finally got accepted today.the iva is gone thank god.
Posted: Tue Mar 08, 2011 6:42 am
by Julie.je
Congratulations Rachel x
Posted: Tue Mar 08, 2011 6:44 am
by kallis3
Good luck for the future Rachel.
Posted: Wed Mar 09, 2011 1:45 pm
by Rachel.1
thankyou julie,im still in a state of shock,x