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Posted: **Fri Jun 22, 2007 7:29 pm**

I have 3years to go on an IVA and my fiancee may be prepared to remortgage her house to pay it off. Over three years my creditors will receive £14400. Can anyone advise me how much to offer.
Regards

Posted: **Fri Jun 22, 2007 9:29 pm**

Hi bib and welcome to the forum

You would need to work out the value of your outstanding contributions for the next three years, and then see if your IP is prepared to discount some charges.

There ought to be a small saving, but you might wish to offer the full amount simply to show an enhanced offer to persuade creditors to accept.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

Posted: **Fri Jun 22, 2007 9:31 pm**

Hi
A guide would be your original payments x 60 plus IP fees of 6k less the payments that you have already made.
Good Luck

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp