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Posted: Sun Aug 09, 2015 9:07 pm
by Hiedi.g
Hi

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?

Posted: Sun Aug 09, 2015 9:42 pm
by Foggy
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.

Posted: Sun Aug 09, 2015 9:48 pm
by Shining
HI and welcome, hope Foggy's reply has helped you and good luck with your F&F offer.

Posted: Sun Aug 09, 2015 10:05 pm
by kallis3
Good luck from me as well - hope it gets accepted.

Posted: Thu Aug 13, 2015 10:55 pm
by molsta
Hiya, I have just done the same, I owed just short of 6k on my IVA and offered 5k and it was accepted without any problems.

Posted: Fri Aug 14, 2015 10:48 am
by Lisa Thomas
£6k is a good suggestion by Foggy (as long as there is no property equity to be dealt with that might lead to an extension of the IVA)