I also think the total I will end up repaying will be very close to the original total debt of £37000

I am a home owner and the figure includes the additional 12 months payments. I am just trying to exit the IVA ASAP. So do you think an initial offer of £15-16k would be a good start?

I’m halfway through my IVA and if payments continue I will pay a further £21000. If I was to offer creditors a lump sum to exit IVA early what figure would you suggest to be most likely to be accepted?