I'm thinking of making a f&f into my IVA, in which my dad has offered to make because the stress I am under. I make monthly payments of £174 a month and have 36 month left. I have paid into the IVA over £7000 and my total debt was £31,000.
Do you think £7000-£8000 is a reasonable offer?
Hi. You have £6264 to pay in if you make the next 36 payments, assuming you have no equity to be looked at. I would suggest an offer of £6000 would be more than generous. It would give everyone almost what they signed up for as well as save them a chunk in admin costs.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Good luck from me as well - hope it gets accepted.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
