3 years into iva paid approx 9000 in ppi into iva got 2 years left parents offered to borrow us some money we pay 208 a month how much should i offer as final offer
As Andy says if you can aoffer as near to your oroginal amount as possible that would be the most positive outcome for your creditors and release you from the payments earlier. However, if there is good justification why your offer needs to be lower i.e your circumstances were about to change, your income was due to drop etc then offer what you can and see what the creditors say. They may ask for more but your IP is duty bound to put forward whatever you ask them to. A good IP will highlight to you though should they forsee potential problems.
Best of luck with it and let us now how you get on.
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.
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