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Posted: Tue Jan 18, 2011 9:16 am
by emma67
hi cananybody advise... we are in year 5 of our iva which was extended to april 2013.... we have paid in 17.000 and our agreed amount is 22500.... if we offered 5000 as full and final settlement what do you think our chances of having it accepted would be... thank you.... we pay in 200p/m on his basic wage
Posted: Tue Jan 18, 2011 9:18 am
by Michael Peoples
That seems a reasonable offer and given the early receipt of the money I would think creditors would be happy to close down the IVA.
Posted: Tue Jan 18, 2011 9:25 am
by kallis3
Sounds like a good offer to me as well, good luck and let us know what happens.
Posted: Tue Jan 18, 2011 9:26 am
by Shining
All the best with your offer Emma x
Posted: Tue Jan 18, 2011 9:41 am
by Broke of London
If the creditors have any sense they'll bite your arm off. Best of luck x
Posted: Tue Jan 18, 2011 9:54 am
by emma67
thank you i hope and pray they accept i know we only have 28 payments left but just would be so nice not to have the iva hanging over our heads anymore... fingers crossed..x[:)]
Posted: Tue Jan 18, 2011 9:57 am
by Andrew Bowers
If it's third party funds then you should be OK
Posted: Tue Jan 18, 2011 10:09 am
by emma67
it would come from my mum is that third party??
Posted: Tue Jan 18, 2011 10:12 am
by Shining
It is Emma x
Posted: Tue Jan 18, 2011 10:19 am
by kallis3
You need to make it known as well that this offer is only available for the full and final and if it is rejected the money will be withdrawn.
Posted: Tue Jan 18, 2011 9:59 pm
by MelanieGiles
I'd be happy to put that forward if I were your IP based on the facts you have provided. Good luck!
Posted: Tue Jan 18, 2011 10:14 pm
by leaKybrain
just wanted to add good luck from me too, let us know how you get on