GoonerDad wrote:Do you still pay every month while you wait for IP to sort F&F? Do they stop taking the card payment? I would put money to one side if so.
Depends on if you have agreed a payment break with your IP. If not, it is usual for payments to continue and they will not be deducted from the F&F lump sum. However, in these days when IP's seem to be taking forever to submit an offer, it is increasingly common to put a clause in the offer that any payments made after such and such a date will be deducted from the lump sum.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk