Full & Final offer

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owen134

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Post by owen134 » Sun Jun 17, 2018 9:11 pm
I am 18 months into a 5 year iva with 12 month extension - paying 250 per month - so thinking off full and final offer and and offer in the region on 7.5k - what do you think

Foggy

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Post by Foggy » Mon Jun 18, 2018 7:02 am
If you go to term the creditors are looking at at least £13.5k from you. But, you will be saving them a chunk in hassle and admin costs. My first thoughts are that £7.5k might be a little light and thet £10k might be better. However, I have seen very light offers accepted before. Worth at least a chat with your IP.
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IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Lisa Thomas

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Post by Lisa Thomas » Mon Jun 18, 2018 3:09 pm
I agree it seems a little light.

Also are you sure the one year extension will definitely apply?
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk

owen134

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Post by owen134 » Mon Jul 09, 2018 9:46 am
Lisa Thomas wrote:
I agree it seems a little light.

Also are you sure the one year extension will definitely apply?
i am not sure i am getting my final balance and chairman report from my provider

i think there is a 12 month extension as i am home owner

i am 18 months in paying 250 per month = 4750

I just want this finished as it is completely stressing me out - i know there is no magic figure but something so i know where to aim for

thanks for the help

owen134

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Post by owen134 » Mon Jul 09, 2018 9:47 am
my balance in £10,250
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