Final offer

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Sava

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Joined: Fri Nov 08, 2019 10:17 pm

Post by Sava » Sat Nov 09, 2019 7:01 am
I am 4 and half years into a 6 year IVA paying £150 a month. I don’t own a house can I offer a final settlement of the £2700 or will it have to be more. My friend has come into some money and has offered to pay it off for me

Foggy

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Post by Foggy » Sat Nov 09, 2019 10:02 am
No, it doesn't have to be more, but it will have to be soon, as the whole thing takes up to three months to go through. The creditors will be getting what they signed up for so all good.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

Radish

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Post by Radish » Sat Nov 09, 2019 12:33 pm
How come your 6 years? mine was five but it took six because of problems along the way. Are you with Northern Rock?
IVA complete March 2014 after 6 years.

Sava

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Joined: Fri Nov 08, 2019 10:17 pm

Post by Sava » Sat Nov 09, 2019 2:00 pm
Yes it was the same for me I am with Creditfix

Sava

Posts: 3
Joined: Fri Nov 08, 2019 10:17 pm

Post by Sava » Sat Nov 09, 2019 2:01 pm
Sat Nov 09, 2019 10:02 amFoggy wrote:
No, it doesn't have to be more, but it will have to be soon, as the whole thing takes up to three months to go through. The creditors will be getting what they signed up for so all good.
Thank you :D
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