having a rubbish new year and need your advice

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happyfella123

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Post by happyfella123 » Sat Jan 09, 2010 5:44 pm
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hi to you good people

i am having a rubbish new year and need your advice i have approx £22k of debt no job at present however i do have £10k from a house i just sold in turkey if i was to offer this amount in full and final settlement against my debt of £22k how likely do you think it would be accepted ?
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wen

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Post by wen » Sat Jan 09, 2010 5:51 pm
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Hi happyfella.

I don't have the answers for you, just wanted to say hello! I am sure one of the knowledgeable posters will help you soon!
Please visit my blog http://adam.blogs.iva.co.uk/
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MelanieGiles

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Post by MelanieGiles » Sat Jan 09, 2010 6:13 pm
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I think that this could work with a very low fee IVA which some insolvency practitioners would be happy to discuss with you - alternatively you could try and do individual settlements with each creditor but this may take longer to arrange.

How many creditors make up the £22k?
Regards, Melanie Giles, Insolvency Practitioner
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Adam Davies

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Post by Adam Davies » Sat Jan 09, 2010 7:45 pm
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Hi
As you have no income and hence no disposable income I would think that you have a very good chance of success
Regards
Andam Davies
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