Posted: Wed Jun 04, 2008 6:23 pm
Hello again,
I have now submitted all my budget details to Tina who works with Melanie Giles and waiting to hear back. Apparently Melanie is on holiday(fully deserved!) so will have to wait a week or so.
I am looking to put forward an offer of around £325 pcm on outstanding debts of £50,000. I have been informed this is around 29p in the pound and a total including fees of £19,500.
There is a SLIGHT possibility that one of my friends maybe willing to put up around £15K as a loan to get me out of debt for good. However, this won't be for around 6-8 months at the earliest.
Hopefully, by then I will of paid off 6 monthly payments(£1950) and would look to make a full and final settlement offer to my creditors.
Can someone inform me how much the IP fees are and what would be a reasonable settlement figure? Would £15k be enough?
Many thanks,
Paul
I have now submitted all my budget details to Tina who works with Melanie Giles and waiting to hear back. Apparently Melanie is on holiday(fully deserved!) so will have to wait a week or so.
I am looking to put forward an offer of around £325 pcm on outstanding debts of £50,000. I have been informed this is around 29p in the pound and a total including fees of £19,500.
There is a SLIGHT possibility that one of my friends maybe willing to put up around £15K as a loan to get me out of debt for good. However, this won't be for around 6-8 months at the earliest.
Hopefully, by then I will of paid off 6 monthly payments(£1950) and would look to make a full and final settlement offer to my creditors.
Can someone inform me how much the IP fees are and what would be a reasonable settlement figure? Would £15k be enough?
Many thanks,
Paul