Posted: Thu Mar 05, 2015 9:22 pm
hi just a little note that this site has helped me greatly. i had quite a lot of money for esa backpaid as won my tribunal after being signed off.my stomache was churning at the thought the iva would take all this money back as windfall, but on advice from members told GT about this money and to our delight they said we could keep it.on more advice from members i asked gt if i could use the money as full and final payment. initially they said there was too much outstanding but i asked to put the offer forward.am now awaiting package to fill in offial offer to creditors. members seem to think they may accept this offer as dont forget that the people who do the ivas normally get more out of this agreement than the creditors so by accepting a fair offer they will get one payment instead of instalments and your iva people get a much less commission. they dont always accept and i dont know if our offer will be yet.i would not have a xclue about any of these things if it wasnt for members on here,so many thanx,will let you know how the offer goes....ps i worked it out on my iva but figures herew are for example...from the official that you agreed for your iva deduct the payments that you have allready paid and your left with the full and final payment they would require.but dont be affraid to offer less as the commision by iva company is a big chunk of this ammount left,roughly 15,000 iva 4,5500 is the commision and the rest goes to creditors so they may just accept your offer.good luck.