Paying off an IVA early

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shelley999

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Post by shelley999 » Tue Feb 06, 2018 11:08 am
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Hi,

My mum has offered to pay my iva off. I am13 months in and £15,386 left to pay , do you think £14,000 is a fair offer ?
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Foggy

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Post by Foggy » Tue Feb 06, 2018 11:16 am
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If £15,386 is the total of remaining scheduled payments, considering you will be saving them nearly 4 years of admin costs, I think £14,000 is a generous offer.
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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Lisa Thomas

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Post by Lisa Thomas » Tue Feb 06, 2018 11:42 am
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I would have a go at £10k.
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
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Foggy

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Post by Foggy » Tue Feb 06, 2018 11:44 am
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Lisa Thomas wrote:
I would have a go at £10k.
I agree --- you can always "up" it if they say no first time round.
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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