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stevie43

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Post by stevie43 » Mon Mar 09, 2015 6:18 pm
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Value of house 80k. Combined mortgage and secured loan of 59318. 60 month in June. Looking to offer 4k end of May as f&f. Does this seem like a good offer. Partner, soon to be ex has offered it as closure so that we can both move on with our lives.
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stevie43

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Post by stevie43 » Mon Mar 09, 2015 6:25 pm
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Sorry forgot to add pay 322 per montb
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Foggy

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Post by Foggy » Mon Mar 09, 2015 7:28 pm
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Assuming you are on a 60 month IVA and expecting a 12 month extension for equity, it would seem a fair offer, on the further assumption that you are not with a firm who likes to push secured lending on it's clients in order to circumvent extensions.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Adam Davies

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Post by Adam Davies » Mon Mar 09, 2015 7:43 pm
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Hi

Seems a very good offer

Outline this in a letter to your IP with as much info as possible about your changing circumstances

Good Luck
Andam Davies
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stevie43

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Post by stevie43 » Mon Mar 09, 2015 7:55 pm
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Thank you Andy. I will email with the offer and mention that. I guess I saw it coming. But even so it's still hard
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