Mum can help with this and what a lovely mum you have!
What is she offering to pay?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Hi thank you for the response. I feel lucky but also slightly embarrassed by it all, she said she will pay up to 6k but could pay more if necessary, obviously I want to offer as little as possible just want it done with to be honest. I just don't really know how to approach debt free direct.
You could try offering less - I reckon 5k but one of our other experts might suggest less than that but of course as it's Bank Holiday there might not be many about!!!
Tell DFD that you wish to do this but that the money is only available for this full and final and will be withdrawn if not accepted.
Your mum will have to supply details as to where the money is coming from (it's all to do with money laundering) and we do have a rep from DFD on here so hopefully she will see this tomorrow and get in touch.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
If you wish to proceed with this please contact me directly via the email address in my profile. This will allow me to discuss your corcumstances in further depth.
Don't do it via Laura - they now know you can up the offer.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
Having said that its up to creditors to decide, not the IP and the IP has no right to speculate what funds your parents might have - just insist on seeing a copy of the variation report before it goes. You can also include one of your own so you get to put your own view to creditors.
Thanks for all the input it's all useful. I spoke to someone last week, remaining debt is 6.2k so does 5k seem a fair offer or is it too high or low? Expecting a phone call from dfd this week to discuss in further.
The closer you are to the same amount, the more attractive it is and more likely creditors will accept it. IN your case you are offering to settle the IVA c4 years early so I think £5k is reasonable to get it settled so early.
