Full and final meeting on 4th Jan. Questions...

struggler

Well done ! I have just sent off my final payment of my F&F and hope to be clear of debt in a few weeks when all is finalised. This forum has been a godsend to me, and thanks to everyone for all the help.

dawnkb

i have an iva with payplan plus i have paid over 4200 now over 2 and hlf years and have another 2 and a hlf to go i pay 138 a month and have about 3800 left to pay. my partner is offering to stump up money to settle it early but payplan advised they cant tell me what percentage would be acceptable or amount. any body else know what percentage is recommended or if my orgininal offer is rejected whether id be able to make another. as not sure how this process works. does it take long?. thanks

techno1029

Hey Dawn, I offered more or less what I would have paid if the full term went thru. The problem was by the time all the paperwork had been done to arrange my F&F meeting I had paid another 3 months payments into it. So in effect had overpaid...just take this into account when you make ur offer!!!...Good luck...mine was accepted and was a great weight off my shoulders...just waiting for my cert.

dawnkb

thanks so much for your reply, payplan have been useless cant seem to get a reply from them via email. just wondered when you make a f and f offer do payplan take any fees etc out of that or do you have to pay extra on top of the offer.

techno1029

They Charged £500 for setting up the meeting but this all comes out of your settlement.

dawnkb

Thats great thanks very much.

dawnkb

techno1029 wrote: »

Hey Dawn, I offered more or less what I would have paid if the full term went thru. The problem was by the time all the paperwork had been done to arrange my F&F meeting I had paid another 3 months payments into it. So in effect had overpaid...just take this into account when you make ur offer!!!...Good luck...mine was accepted and was a great weight off my shoulders...just waiting for my cert.

my offers in now and date set for 13th sep as told they need to give 28 days notice. fingers crossed, but they havent said how many creditors need to vote yes.