Hi, I recently completed 1 year of IVA by paying £150/month n annual review is due. My salary in the last year is less than previous year.
Couple of months ago I was diagnosed with heart problem and I m seeing cardiologist. As my family doesn’t live here so nobody is here For me to look after so I m not sure if I will live in uk or not .
Because of health issues I can’t work like I used to be before. A friend offered to pay lump sum £5000 as final n early settlement, remaining amount is 7200. What do you see chances of acceptance?
As your circumstances have changed you would be best seeking a full review if your case.
If you are no longer able to work, an offer of £5000 maybe be seen positively by creditors as to alternative of nothing, and they would receive money 4 years earlier than anticipated.
I would put it forward with evidence to support your health condition and inability to work.
Let us know how you get on.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
I would echo Luluj's thoughts -- in the circumstances £5,000 might well be accepted to end the IVA early and that would be one less thing for you to have to worry about.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Thank you for reply.
I was referred to cardiologist by GP after all required tests , cardiologist issued me hospital number in addition to my NHS number. I will undergo some more scanning. As the problem can only be treated with surgery on due time so I m not taking any medication for time being. What documents I can produce to my IP as a proof? Can I send cardiologist appointment letters ? I can also authorise them to directly contact my GP
