Do you think this is a reasonable amount to end my IVA early ?

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Nat.p

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Post by Nat.p » Wed Aug 10, 2016 8:23 am
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

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Post by kallis3 » Wed Aug 10, 2016 8:25 am
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

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Post by Lisa Thomas » Wed Aug 10, 2016 9:21 am
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?
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
 
 

Foggy

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Post by Foggy » Wed Aug 10, 2016 9:36 am
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
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