I am struggling mentally with life and can't cope with the constant calls fron my Iva co.
I am considering asking family for a loan to make a settlement to my Iva company
I only was paying £100 a month
How do I work out what settlement I should offer and what are the chances it would be accepted
Do not use the term settlement ( that is a different, much more expensive, animal). You are making a full and Final offer. Don't tell them you are borrowing the money either! You need to say that the money is coming from a third party and is for the F&F only. If the offer is rejected the money will be retained by the third party and will not be available.
They will want confirmation from the third party and, possibly, proof of the source of the funds.
Who is onlineUsers browsing this forum: No registered users and 39 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location