I had a frank conversation with my father today around my debt position and he has very kindly agreed to give me a lump sum to make a full and final offer.
The issue is he has offered me £7000 and currently I owe £10,000 what are my chances of getting this accepted? I would be happy to continue paying whilst this is sorted out which is £307 a month (so total owed might be down to £9300)
Advice welcome and if anyone has a template letter for me to use I would appreciate it
Short template here: https://www.iva.co.uk/letter6-f-and-f-offer-during-iva
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