can the IVA be settled earlier than the 5 years?

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alyson.rn

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Post by alyson.rn » Thu Feb 14, 2008 9:49 am
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HI,

I already have an IVA but would like to know can the IVA be settled earlier than the 5 years?
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Jo Rolland

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Post by Jo Rolland » Thu Feb 14, 2008 9:57 am
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The answer would be yes in most cases, but it would depend of what you were offering in full and final settlement, the terms of your IVA and how long you have been in the IVA.

You would need to discuss this with your IP.
Jo Rolland
Debt Alternatives
For free, ethical, impartial advice, please visit
www.debtalternatives.co.uk
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MelanieGiles

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Post by MelanieGiles » Thu Feb 14, 2008 12:01 pm
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How would you intend to offer a settlement Alison?
Regards, Melanie Giles, Insolvency Practitioner
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