Hi Sarah
Usually you would only be able to pay off an IVA if you either
(i) Paid 100% of the debt, plus IP fees, plus potential statutory interest through your monthly payments
(ii) Had a lump sum to offer your creditors i.e. a mortgage or loan from a friend or family which you would then have to use your disposable income to pay the monies back.
If you have a new job which pays more money it is likely that there will be a clause in your agreement which stipulates that the money you pay monthly towards your IVA will have to increase in line with your new disposable income (Monthly income less Monthly outgoings).
Unless you are able to pay all the money back as in scenario (i) it is likely that you will have to pay more back to your creditors for the remainder of your IVA term.
Please post some more details of your circumstances so we can discuss this further.
Best Regards
Oliver
Thomas Charles and Co Ltd.
Experts in personal debt solutions.
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www.thomascharles.com/about_us.asp