I currently have a proposal drafted for, but have not yet signed or committed to... the only thing that is worrying me is that she has said that the creditors could come back after the meeting and demand the lump sum and also the monthly contributions? Is this the case? A family member who is offering to help would be doing it on the basis that this would clear the IVA rather than us to make the monthly contributions in addition to this and also having to potentially release equity at the end of the term?
Sorry am just really unsure of the best way to proceed... I am 4 months pregnant so short term budget is a bit unpredictable which is why the family member has now reconsidering the option of a lump sum contribution. Apologies- just a bit stressed and confused and really not to sure of the best thing to do? Thank you x
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