Value of house 80k. Combined mortgage and secured loan of 59318. 60 month in June. Looking to offer 4k end of May as f&f. Does this seem like a good offer. Partner, soon to be ex has offered it as closure so that we can both move on with our lives.
Assuming you are on a 60 month IVA and expecting a 12 month extension for equity, it would seem a fair offer, on the further assumption that you are not with a firm who likes to push secured lending on it's clients in order to circumvent extensions.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014