it was the information on the other site which stated that. i was given the impression that if the iva no longer needed to be managed there would be no need for fees to manage it. thanks for putting me strait

Mark

so this info from my-iva-adviser.co.uk is misleading. Your Offer = (IVA V.C.s x IVA Months Remaining) - S.F. Remaining • VCs = Voluntary Contributions •S.F. = Supervisor Fees E.G :- If you are paying £300 into your IVA, and have been in your IVA for 24 months, and your IP is drawing £50 p/m Supervis...

but if the IP takes a massive chunk out of it then the creditors will reject it. I have paid over £22,000 so far but just £14,700 to creditors...

so im in for the next 3 years then...

Ahhh I thought the F&F was made to the creditors at what they would recieve minus the IP fees. I think they get about £14,500 if it goes full term.

If its excepted then the payments would stop and they would not get the final 3 years of fees... about £6,000

Hi all, I am at year 3 of 6 year iva I pay £616/month and because I am always borrowing cash from my mum she has offered me £13,000 to F&F my IVA. I called my IP and was told an F&F is not possible as I have not lost my job and can pay. Are they just saying this as they will loose out on 3 years of ...