We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

FGA way behind with payments

2»

Comments

  • thisisso
    thisisso Posts: 15 Forumite
    Just one last question before I ring and speak to company tomorrow :o

    After visiting the CAB it has come to light that she has other debts :( and doesn't seem able or willing to pay any of them, the best the CAB could offer was to help her get an IVA and not let any bailiffs through her front door.

    When I spoke to the company they suggested an offer of around £4,000, I've spent all weekend begging and borrowing and can only manage £2500-£3000 and that's with an overdraft from the bank. Is it still worth offering? or would such an offer be insultingly low?

    I've certainly learnt my lesson the hard way - don't ever become a guarantor even if it is a dd :cry:
  • ILW
    ILW Posts: 18,333 Forumite
    Hadn't realised you were a guarantor until your last post. Does your daughter realise what sort of trouble she is dropping you into?
  • thisisso
    thisisso Posts: 15 Forumite
    edited 18 April 2010 at 10:58PM
    lol, yeah, i think she has just given up and thinks she can ignore everything and iva & cab will sort it all out for her and to be honest it is only this last fun filled week that I've really understood what a guarantor means
  • msgnomey
    msgnomey Posts: 1,613 Forumite
    Show her the door?????
    Go hopefully into each new day, enjoy something from every day no matter how small, you never know when it will be your last
  • thisisso
    thisisso Posts: 15 Forumite
    the way i feel right now i would, but she already left a couple of years ago :) just waiting for office to open so i can ring them and see what they say
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.