early settlement

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david.p

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Post by david.p » Thu Jul 03, 2008 9:20 pm
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HI all your such an amazing bunch so positive and supportive.

Please can you help me regarding my settlement. The start of my iva was 20,000 and i am paying 52p in the £1. I have been in my iva for 2 years and payed 5,800 and i am ready to settle what do you think would be a acceptable offer to my creditors to get a F+F settlement without it been rejcted. My ip has suggested still offering the 52p in the £1 do you think i could offer a lower amount to be accepted. (7,000 is ip fees so all in all i am paying 17,000)

Speak to you all soon[:)]
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MelanieGiles

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Post by MelanieGiles » Thu Jul 03, 2008 9:23 pm
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I would not recommend that you offered lower than the 52p in the £, but at the end of the day it will depend upon where you are getting the money from and how much you will need to pay back to the funder.
Regards, Melanie Giles, Insolvency Practitioner
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