I was made redundant just over 6 months ago, I made the decision of offering a full and final settlement with half my redundancy and it was accepted. While at the same time I took a lower paid job to pay the bills, to be honest Im no worse off financially now im not paying £400 a month into an IVA a...

Good luck with the future, if it puts your mind at rest I was made redundant in July and still had 2 years left on the IVA paying £400 a month, I contacted my IP who set up a variation meeting for the 5 November where my f&f offer of £5000 was accepted. Luckily Ive found another job but at a dramati...

sorry for the late reply, been busy past week. yep, im up to date with all my payments, ive spoken to Grant Thornton several times since Fairfax have started pestering me and my IP confirms that the IVA is still current. What is worrying me is that Fairfax are denying all knowledge of G.T. faxing th...

Anybody had run ins with these guys ? Had a couple of letters through the post saying my debt has been sold on to these guys fairfax solicitors (from their website they specialise in recovering debt)from max recovery and they are now going to take legal action against me and deploy debt collection a...

Grant Thornton

A well, took the step today of suggesting a f&f of 5k, redundancy was a couple of thousand short of what I was expecting - still 50% of my total though. Fingers crossed my creditors will accept it, if not it looks like bancruptcy in 4 months time. Only downside is that my IP says the earliest I can ...

In the case of redundancy and offering a F+F payment, what im looking for is if anyone has a benchmark or rough guideline from their experience, for example im offering a f+f payment of 50% of the remaining IVA does this sound like a reasonable offer or will i honestly need more than 50% for any cha...

The 6k is my redundancy money, ive no job lined up and rather than take the option to live off the redundancy money until I find another job I would rather offer the full and final payment to ease my mind, with the IVA out of the way my main outgoings would be my mortgage which I should be able to c...

Hi all, With only 24 months left on my IVA ive been placed in the unfortunate position of redundancy. The amount remaining on the IVA is just under 12.5k. I know there is a variation in most peoples cases regarding what their creditors would accept as a full and final offer, im hoping to offer aroun...

Strange how everyone seems to be treated different with GT, ive just completed my second year reveiw with them and all i needed to complete was the last 3 months pay slips and a form for monthly outgoings.

You might have to bite the bullet and go with a more expensive mortgage - surely the combination of a new mortgage and completeing the IVA will leave you better off ? Or is it you have no equity in the house to remortgage ? My own IVA states that if I cant remortgage at the end of the IVA or have no...

Ive just completed my second year review with GT, they only asked for last 3 month payslips and a form to fill out for monthly expenses.

I was involved in a minor fender bender last year when I was with Accuma - although my IVA allows for car maintainence and tax it doesnt allow for a £250 excess when things go really wrong. They were very understanding and allowed me to pay it off over the next few months including a small "token" p...

Just to let you all know the outcome, spoke to my IP and it looks like a basic admin mistake. My first 11 payments were set at £470 before going down to 49 payments of £404 - looks like GT made a mistake and thought I should be paying the £470. The arrears are only down to the fact my first payment ...

Big problem I have though is that automatically im around £350 in arrears since theyve decided to backdate the increase in payments which means somehow im going to have to increase my monthy payments to over £500 in the next few months. Ive spoken to Grant Thornton who will send me some forms to f...