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Nat.p
Posts: 4 Joined: Tue Aug 02, 2016 4:23 pm
Hi my total iva is about £8,000 and my mother has offered to lend me £5,000. Do you think this is a reasonable amount to offer to end my iva early?
kallis3
Forum Expert
Posts: 77167 Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom
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Hi,
How long do you have to go and do you have an equity clause at all?
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
Lisa Thomas
Industry Expert
Posts: 7759 Joined: Wed Dec 03, 2014 10:26 am
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How long do you have left to go and what are your monthly payments?
As Kallis asked - do you have your own property and an equitable interest of more than £5k?
Foggy
Posts: 33396 Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
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As above -- all depends on where you are in your own journey right now.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014