Thank you for the advice. We have got in touch with our IP and she says it is unlikely they would accept. My only (and hopefully final) question is that Jefferson Hobbs who are making the offer on our behalf are not asking for any up front fees and do feel there is a realistic figure to offer. I do ...

£90.000 is our original debt. Our orignal payments were estimated at paying back about £50,000 so this would pay back £38,000 of that.

Thanks

Hi we are 2 years 6months into a 6 year IVA with no 4th year equity release.The total was for 90,000 and we have paid approx 20,000 towards it so far.We are using a company who have tabled an offer for 18,000 to finish it early. Can you you advise on whether this is a reasonable offer and the likele...

Hi the company offerng is general Motors and we do not have a 4th year equity release, Thanks

We are currently 2 1/2 years into our IVA. We have a mortgage with RBS. We have been offered a mortgage with a bad credit mortgage type company which will enable us to pay off our IVA now. This will be for £231,000. Our payments will go up to £1,000 per month in August on IVA and 50% of anything els...