www.iva.co.uk

Hello all. I have just asked for my IP for a final settlement figure for my IVA. I have had an email back today stating that based on the original dividend offered a £13000 offer would be mean my creditors would get back the same amount as if the IVA ran to its conclusion. I understand it is my decision how much I offer so I have asked them to offer £10,000. Is this a reasonable offer?

Also for the offer to be accepted how many creditors have to vote or does it just go on the majority?

I would be offering £13,000 if I were you, but at the end of the day the decision lies at the door of your creditors.