Does this F&F offer sound ok ?

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lewis
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by lewis » Thu Oct 19, 2017 6:31 pm
I have just offered £7500 as a full and final settlement on my iva. I have 44 months left on my iva @£225 a month , I was going to offer £8000 but payplan say it's taking 3 months so I'm taking into account 3 extra payments, my mother in law is gifting the money for the iva , I've worded the letter as full and final offer to complete the iva if rejected the money is withdrawn. Does this all sound ok ?
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Foggy
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by Foggy » Thu Oct 19, 2017 6:46 pm
They are expecting a further £9,900, so I would have thought the £8k, to save them night on 4 years of admin would be acceptable,. Assuming PP act within the expected timeframe, you will have paid another £675. £7.5k might swing it -- you can always try to sweeten the pot if it is refused.
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kallis3
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by kallis3 » Fri Oct 20, 2017 6:21 am
Agree with Foggy. Sounds good to me
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