F & F

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Dave T

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Post by Dave T » Mon Aug 23, 2010 10:31 am
Hi,

This is my first post - hopefully it's in the right place.

I'm currently in an IVA (12mths) and unfortunately I have been made redundant and my company car has been taken back. It will probably take some time to find another job and probably difficult to find one that pays the same with a car.

I have contacted my IP and have a 3 month pay break. I'm currently paying back 38p in the £ and have been offered a loan from a family member to offer a F & F settlement. However, this would only equate to 26p in the £!

With my circumstances would this be a reasonable offer?

Thanks Dave
 
 

Michael Peoples

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Post by Michael Peoples » Mon Aug 23, 2010 10:45 am
Hi Dave and welcome to the Forum.
This sounds like a fair offer especially given your current situation. I am sure creditors would look favourably on your offer and good luck.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

Dave T

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Post by Dave T » Mon Aug 23, 2010 2:44 pm
Hi,

Thanks for the message, fingers crossed!
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