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Posted: Tue Jul 21, 2015 2:29 pm
by jamster247
Hi am in 2 years my iva
i pay 150 a month and 3 years left on, what would be the suggested fee i pay off if i was to offer?
Jamie
Posted: Tue Jul 21, 2015 2:58 pm
by lifenoteasy
30 times monthly payments (42 if equity in house involved).
Posted: Tue Jul 21, 2015 3:20 pm
by Lisa Thomas
Hi Jamester. By my calculations you have £5400 left to pay if no equity or £7,200 if 12 month extension applies. If you are able to prove no equity applies then I would offer c£4 - £4.5k. You will saving on 3 years administration costs so they should take this into consideration.