As with all things like this, compelling reasons, such as health, are all helpful in supporting your arguement and a letter from the doctor can only help. Hopefully your IP will be supportive and I would suggest having a frank chat with him / her to discuss your options and pave the way.
Gazabulldog16533 wrote:How much do you think would be a reasonable amount to pay?
At your current repayment level, if the creditors are expecting £5380 over the next 3 years ( and assuming you have no equity to be looked at), taking into account the savings in administration they will be making, I would guess, and it is only a guess, at an offer around £4,000 being looked at seriously. That said, I have seen low offers accepted, as well as high ones refused.
Gazabulldog16533 wrote:Cheers foggy im going to offer low about £1500-2000 from what will be gofted to me and based on my mental health at the moment i will be straight with them explaining that due to my health i may refer to going bankrupt and from doctors advice to being off sick for a good while
Make it clear that the funds are from a third party and are only for the purposes of a F&F -- it the offer is rejected the money will be retained by the third party and will not be available for the creditors.
Best of luck.
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