If you are looking at offering a full and final amount then it should be as close to your original dividend as possible and you will need to say where the money is coming from.
Is there any particular reason why you are looking to finish early?
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
Hi Sue. What you offer will be dicatated by the reasons for offering it and the length of time you have been in your IVA. It all boils down to economics for the creditors.
Some will consider a percentage on the basis that most of the jam now is better than dry toast for five years. Then there are the reasons, if you simply want out they will hold out for as much as they can get. If you are ill, in danger of losing your income or some calamity beyond your control that could cause the IVA to fail, they might take a lesser amount as better than gambling on losing the lot ( bird in the hand and all that).
The best person to give useful advice will be your IP, as he / she knows your creditors and has experience of how they are likely to react to given scenarios.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Speak with your IP initially and give the reason you want to conclude your IVA early, I'm sure they'll advise and hopefully you'll get to conclude earlier. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
