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Posted: Wed May 16, 2012 1:19 pm
by katiew86
hi all,
we havent put forward a F&F but i was wondering what happens if it isnt accepted, does the IVA just carry on as usual?
Thanks,
Posted: Wed May 16, 2012 1:24 pm
by Michael Peoples
That is normally what would happen unless you are not in a position to maintain payments. If this is the case the IVA would be failed and you could be made bankrupt. Best of luck with the F&F and hopefully your IVA will close successfully.
Posted: Wed May 16, 2012 2:09 pm
by katiew86
thanks michael,
we are only 6 months in so not looking to put forward a f&f just yet but its good to know our options!
Posted: Wed May 16, 2012 6:14 pm
by nffcwatto
what actually does F+F mean well stand for ? I know it basically means pay off earliy ?
Posted: Wed May 16, 2012 7:28 pm
by Foggy
Full and Final, Chris
