Posted: Sun Sep 04, 2016 7:11 pm
Evening
Hubby put in an offer for F&F on his IVA. They have replied by email but we don't really understand the time frame that have stated. I have posted below what they have said. Is anyone able to clarify how long this is all likely to take please?
''A request has been sent to our variations team to offer a sum of £6,500 in full & final settlement of your arrangement.
Please note that we are required to give creditors a minimum of 28 days notice once the proposal has been drafted.
However, our compliance policy allows for internal processing which will currently extend this period by 6 weeks.''
Thanks for your replies.
Hubby put in an offer for F&F on his IVA. They have replied by email but we don't really understand the time frame that have stated. I have posted below what they have said. Is anyone able to clarify how long this is all likely to take please?
''A request has been sent to our variations team to offer a sum of £6,500 in full & final settlement of your arrangement.
Please note that we are required to give creditors a minimum of 28 days notice once the proposal has been drafted.
However, our compliance policy allows for internal processing which will currently extend this period by 6 weeks.''
Thanks for your replies.