Just started on my IVA

32 posts Page 3 of 3
Post Reply
 
 

Fozzy Bear

User avatar
Posts: 31
Joined: Thu Jan 27, 2011 9:09 pm
Location: United Kingdom
Post by Fozzy Bear » Thu Mar 10, 2011 8:02 am
Quote
I know I am a bit of a pain asking all of these questions, but here comes another one. Once you have signed up for an IVA does this mean you have to stay on it for the full term or can you leave it if you find another solution?
Top
 
 

kallis3

User avatar
Forum Expert
Posts: 77175
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom
Post by kallis3 » Thu Mar 10, 2011 8:11 am
Quote
Hi Fozzy,

An IVA is legally binding so the only way you can end it is either by staying the full term, offering a full and final payment or letting it fail so that you either come to a private arrangement with your creditors or go bankrupt.
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
Top
Post Reply
32 posts Page 3 of 3
Return to “a success story”