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 Hi,with regards my last question about a lump sum

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T O P I C    R E V I E W
William.05 Posted - 25 December 2013 : 20:40:24
Hi,with regards my last question about a lump sum payment this would be coming from my pension lump sum which my IP told me could not be touched as a windfall,in the IVA it states my creditors would be getting 31 pence in the pound which is the figure I had in mind to offer.
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Viki.W Posted - 26 December 2013 : 09:43:34
Hi William,

As Niobe has posted, you really need the advise of your IP. If you can not afford your IVA and your circumstances have changed, then the creditors may accept a lump sum settlement.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Niobe Posted - 25 December 2013 : 21:06:24
Hi and welcome to the forum.

Are you still in an IVA? With BR you cannot offer a lump sum.

Please speak to your IP.

The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant



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