what is the minimun i can offer please

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redhot

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Post by redhot » Tue Feb 12, 2008 10:36 pm
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i currently have an iva it is for £13500 i have paid of 1500,a friend may help me by getting a loan so i can make an offer to settle early what is the minimun i can offer please help me,many thanks
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MelanieGiles

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Post by MelanieGiles » Tue Feb 12, 2008 10:39 pm
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Hi redhot and welcome to the forum

Do you mean that your debts are £13.5k or the amount you are obliged to pay into the arrangement over a five year period?

For specific figures of settlement you will need to consult your own IP, but I would have thought somewhere in the region of £10,000 would be fairly accurate.
Regards, Melanie Giles, Insolvency Practitioner
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