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Hoping my offer is enough

Posted: Wed Aug 18, 2021 6:46 pm
by gemma685
Hopefully the end of my IVA is nigh.

I have put in an offer of £7000 to end my IVA (F&F).
There are currently 31 payments left of £314 = £9734.

However I have reviewed my I&E with my IP and my petrol allowance has increased by £50 a month due to me no longer working from home.

Therefore at the variation meeting the offers for the creditors will be to accept the £7000 F&F, or for me to reduce my payments to £264 for 31 months (£8184).

I’m hoping they will accept the £7000 🤞🏻🤞🏻🤞🏻

Re: <t>Hoping my offer is enough</t>

Posted: Wed Aug 18, 2021 7:04 pm
by nicola715
My limited knowledge is quite hopeful! Best of luck xx be sure to let us know!

Re: <t>Hoping my offer is enough</t>

Posted: Wed Aug 18, 2021 7:07 pm
by Foggy
In light of the possible reduction it is a fair offer and has every chance.

Best of luck.

Re: <t>Hoping my offer is enough</t>

Posted: Wed Aug 18, 2021 9:09 pm
by kallis3
Good luck from me as well.