Can you explain a little further please? Not quite sure what you mean.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
If I understand the question correctly, then yes you can. However if the IVA is voted as a YES by a majority of remaining creditors then you have to abide by it. You can vote NO, but if it is approved you can't opt out of it, your owed dept will be calculated as a percentage of the total monies received by the IVA company from the debtor over the 5-6 year period and paid as a dividend as and when stated by the IP.
Last Payment made 04/12/14. Completion Certificate 25/7/15. IVA company GT. No Issues
There are a number of variations based on different scenarios.
Without knowing more hard to say.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
Obviously without knowing the full reasoning behind your question the experts can't fully comment but surely some return on the debt owed to you is better than none.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
