F&F final settlement figure

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nicky948

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Post by nicky948 » Thu Feb 07, 2019 10:32 pm
Hi ,
My IVA debt was £10,045.65
I've currently paid off so far £2,160 ( £80 p/m)
I have left to pay in my agreement with my 12 month extension £3,600 (£80p/m)

So can the 3rd party put in a f&f offer of £3,600 ?

I'm scared is it too low? What do you all think


Thanks in advance :D

Foggy

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Post by Foggy » Fri Feb 08, 2019 7:51 am
It is basically what they are expecting to get in the long run and a lump sum now will save them a bit in admin.
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

nicky948

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Posts: 25
Joined: Mon Feb 04, 2019 5:08 pm

Post by nicky948 » Fri Feb 08, 2019 10:31 am
Foggy wrote:
It is basically what they are expecting to get in the long run and a lump sum now will save them a bit in admin.

Ok thanks for your time :D
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