PayPlan Full & Final

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simon363

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Joined: Mon Jan 07, 2019 7:57 am

Post by simon363 » Fri May 20, 2022 6:02 pm
Hi,

Does anyone have experience of making an offer and the process of a full and final with PayPlan.

I'd like to know what they are likely to ask from me in terms of any documentation etc to process and hopefully complete an accepted F&F (thinking positive)

Thanks

Foggy

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Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Fri May 20, 2022 6:22 pm
They will want to know where the money is coming from -- usually friends or family. They will want to see evidence of the funds ( bank statement) and proof of ID of the donor. Monies are usually transferred direct from the donors bank account to the IVA providers client account (not via your bank account).

They will have to present your offer to creditors and any supporting reasons you can give will help.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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