www.iva.co.uk

I must after your thoughts on my full and final settlement offer which as been put forward,and I have the meeting on 24th August.
My friend as kindly offered £9000 to end my iva!!

Expected Payments at the start of my iva.

Payment = £183 x 60 months = £10980.

Payments Recieved/Varied Future payments.

Total paid to date = £2013
Arrears = £0
Future Payments = £9000

Total = £11,013.

Do you think this offer would be acceptable?
Any advice would be very welcome,I'm very nervous!!

Sounds a very generous offer and best of luck for the meeting. A nice friend to have.

Thanks for the reply.Your right a very nice friend.

n your experience do you think this would be excepted?

In my experience they will bite your hand off. Creditors get more than they expected earlier. Best of luck.

I am never sure if they base full and final payment on the amount of the IVA payment, ie 37p in £ or refer back to full debts.
Good luck by the way

Looks like a great offer to me, and as Michael says hopefully they will bite your hand off (not literally, of course)

good luck with the offer x

Rosepetal, this is a very old post and hopefully the OP has had their offer sorted!