iva 1st payment

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chegs

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Post by chegs » Tue Sep 30, 2008 5:10 pm
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Hi all, Just to let u know Ive now paid my first payment to the iva!only 71 more to go. If friends or family lent me some money say three years into my IVA, for instance £25,000 and I already had paid £18,000 in my IVA could I offer a final payment of £25,000. This would be £6,000 over the 46p in the pound which was in my IVA agreement. Any advice would be appreciated
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aguise

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Post by aguise » Tue Sep 30, 2008 5:33 pm
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Hi Chegs.
I think that could well be a possibility.

Well done making your first payment, you will be amazed at how quickly they fly by.

Ang
Please visit my blog at http://aguise.blogs.iva.co.uk/
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MelanieGiles

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Post by MelanieGiles » Tue Sep 30, 2008 5:35 pm
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There is no harm in making an offer of full and final settlement - these sort of suggestions are usually warmly received by creditors.
Regards, Melanie Giles, Insolvency Practitioner
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Viki.W

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Post by Viki.W » Tue Sep 30, 2008 5:35 pm
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Good for you Chegs, first one down. X
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
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chegs

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Post by chegs » Tue Sep 30, 2008 5:43 pm
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Thanks for all your advice and support.I cant believe how light my purse feels without all those credit cards! Its a good feeling though to think I will be debt free in hopefully 5 years. x
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