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Posted: Sun May 03, 2009 8:45 am
by Jan Brown
If i decided to apply for an IVA (payplan)at what point before it is all agreed could i change my mind? Parents may be able to assist but this is not definate. Payplan said it would all take around 12 weeks to set up.
Posted: Sun May 03, 2009 9:36 am
by kallis3
You can change your mind at any time up to the creditors meeting.
If your parents can assist, you could always do a full and final IVA and pay the lump sum across if it was acceptable.
Posted: Sun May 03, 2009 4:56 pm
by David Mond
12 weeks seem an awful long time (should not take more than 6 weeks at worst) - anyway it might suit you if your parents are going to help.