What would be a reasonable final settlement offer ?

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kallis3

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Post by kallis3 » Fri Feb 03, 2017 11:55 am
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It may well be that this is all that can be offered and the IP is duty bound to put that offer forward.
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
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AdamJ4

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Post by AdamJ4 » Fri Feb 03, 2017 3:16 pm
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Thank you all. That is very useful for me indeed.

They are gifting me £5,000 to clear what would amount to £6,280 left. Does that sound like an acceptable offer from experience?
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kallis3

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Post by kallis3 » Fri Feb 03, 2017 3:30 pm
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Sounds reasonable given that they are going to be saving on fees and the creditors will get money back sooner.
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
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Lisa Thomas

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Post by Lisa Thomas » Fri Feb 03, 2017 3:48 pm
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Hi yes that is an attractive offer. Best of luck.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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Foggy

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Post by Foggy » Fri Feb 03, 2017 4:35 pm
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Best of luck.
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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