To summarise, I am a single parent to three children, not earning, youngest is 1 and doesn’t look like there will be any change financial income. I owe £27,000 in full, I pay £111 a month so that would be £6600 in total over 5 years and I’m renting. I’m 9 months into the IVA and my parents have offered a F&F settlement is the full £5700 that is remaining. I’m with CreditFix so the variation meeting is now on hold due to their paperwork issues. However one creditor who is large but doesn’t hold the majority have rejected due to it being early days in the IVA and they want me to continue making payments as the dividend would be too low once the variation fee is taken off. I’m so scared that the majority creditor (who is the one rejecting the paperwork) will also reject for this reason. Is there anything I can suggest or offer to appease this? I’m worried sick every day, I want a better future for my children and this is making me depressed
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