www.iva.co.uk

I want to make a F&F offer on my IVA. I've got 23 months left and pay 300 a month. Ive offered 5500. Do you think this will be accepted. I cant get any more funds so this will be the only offer I can make.

My only concern is that I have always made my payments on time and have no arrears so maybe they will reject based on a good record. The reason I want to pay if off is because I am trying for a baby and when I go maternity next year (hopefully I will be pregnant by then)my payments will have to reduced or the length of the IVA will need to be increased.

Does anyone have any advice?

Thanks in advance

oh and I am paying 56p to the pound

I don't know if this would be acceptable or not. Where are the funds coming from?

Personally, I would hang on until such time as you become pregnant and need to go on maternity leave. I'm sure a full and final would be accepted then.

I think your offer would have a better chance if you were actually pregnant now rather than planning to be, but creditors may be minded to take your money now especially if there can be a saving in IP fees to counter the shorter payment.

Good luck - with everything!

So do you think I should leave it? The money is coming from my family.

The offer is around 1200 short of the full amount.

Its not just pregnancy - its a threat of redundancy. Its not 100% but its on the cards. We are a small company and 2009 wasn't a great year.

oh im stuck now...............

Take Melanie's advice - she knows what she is talking about more than I do!

Run it past your IP. I think if redundancy is on the cards it may be looked at more favourably.

Thanks for your help

Let us know how you get on.