i had a 5 year iva and had made 9 payments of 365.
Also had an equity clause but the final figure would not have been known until end of 4th year.
Had 18,000 accepted as f & f which was the maximum i could get from my family so guess its best to offer as much as you have available.
Hope that helps

Thanks Gemma,now you have confirmed all is ok
and my case officer has rung and confirmed letter is in post i can finalise everything on Monday

Thanks everyone for the replies. I have e-mailed gemma and if she confirms everything then i can get my sister to pay on Monday. Was beginning to worry my account had been hacked or something as i have rang payplan every other day since 27 march but only had an e-mail reply. Expected more than that ...

Thanks i will e-mail her as well.
I am surprised at the lack of contact and
confirmation as they have been great until now.

Im on an iva with payplan. My sister offered to help me make a full and final offer which was accepted on 27/3/12 However i have received only a verbal confirmation and after 2 weeks of ringing an e-mail. My sister is nervous about sending a cheque for 18,000 without proper confirmation( she is now ...

thanks for replies, i will call melanies office on monday.
On the equity release in year 5,will they require the full balance outstanding or do we negotiate a figure at the start of the iva
Thanks

i have debts of £92,000 on 9 credit cards however i have a property jointly with my wife. it is worth approx £370,000 with a mortgage of £215,000 and secured business debts of £82,000(though bank has £100,000 security to cover charges etc )i also have a penalty of £16,000 if i pay off my mortg...