What should I offer for a full & final IVA?
Posted: Mon Apr 12, 2021 12:28 pm
Hi, I’m looking for some advice about what a full and final offer should be. I currently still owe £3600, and pay £90/month (the minimum). My income and expenditure will show that this month is not currently affordable for me as I have been furloughed for about 60% of the last year. I have used some disability benefits to plug the hole in my finances. I am keen to get this settled as I feel job security in hospitality (where I work) is low, and my Mum is Will to give me the money.
I have read that these decisions are highly subjective and unpredictable, but wandering if anyone can give me advice on an offer I should make? Is it worth starting low, or just offer the full amount based on £90/month?
I have read that these decisions are highly subjective and unpredictable, but wandering if anyone can give me advice on an offer I should make? Is it worth starting low, or just offer the full amount based on £90/month?