iva f+f and emigrating questions

[elldina]

hi have been in iva now for 7 mths
at the moment i am not working but husband is i am looking at working but can only do shift work (looking at shop work messed about too much at school regret it now ) around hubby due to baby and children and finding suitable childcare that doesnt wipeout wage i will get
anyhow pay £282 a month at moment when i start working i will have to give 50% of wage so probably an extra £200 a mth to iva
am also sadly awaiting a windfall not sure the amount but will also have to give that over 100% it will not be enough to clear
my questions are
if went for full and final if i was working too would it be worked on the new totals of £482 at .88p in p or the original of £282 a month at .43p in p
i do want to pay as much as can we have interlocking iva's , if it works out the higher rate it will take longer even if i save a small amount of my wage
we do not have a mortgage this is a hyperthetical lot of q's because if i could clear i might even admit to my dad who i maybe able to get loan off but he'd want to know all the in's and outs as he's very good with money i was until i met my hubby grr

we are looking to emmigrate would need to clear iva so we could save for immigration fees £3ooo and proof of funds £10000 and also travel and removals etc about £5000 i know ive seen people saying you can still have iva's and emmigrate but how do you save the money for fee's etc and wouldnt the creditors have something to say if you were able to save nigh on £20000 am all confused
please help elldina x

[Viki.W]

Hey Elldina, welcome to the forum. I think the first thing you should do is check with your IP that you an offer an F&F so early on as sometimes you have to wait for two years for a variation. Please wait for an expert to advise you, good luck, Viki X

[elldina]

hi vicki
thank you for your welcome am looking at paying in maybe 2-3 yrs probably anyhow or if my father who is trying to get my grandmothers will sorted(long story) 2 years on it looks as if its going to court and the executor is to be removed as he has not done his lawful duties , my dad may be in a postion to help me then but thats months away
elldina x

[Viki.W]

Hey Elldina, hang in there and an expert will be able to advise you on the dividend. Of course, things will be different in a couple of years. You may have won the lotto by then![:)] You're in a great place here for support and advice so please keep posting. X

[MelanieGiles]

Hi Elldina

Where would you get the money from to enable you to offer a full and final settlement.

[elldina]

hi melanie
hopefully my father or an aunt its just plucking up the courage to tell them
elldina

[MelanieGiles]

Why not ask your IP to provide you with a settlement figure to see if your relatives could afford to pay the IVA off for you? This would of course need to be formally varied with the agreement of creditors.