Posted: Fri Jul 25, 2014 4:00 pm
I have 18 months to run on an IVA which equates to around 7k. My partner has offered to get a loan to pay it off so that we can move on with our life. I need to study the contract but the offer from her will be a full and final settlement. It will be for the amount outstanding on the IVA, I want to reduce any chance of refusal. I also have a company 'connected' to the IVA firm pursuing possible PPP premium refunds which seems to keep the IVA 'open' if they haven't finished their investigations. I don't want to prejudice my partner, get caught by a 'windfall or gift clause, so any advice on how to go about this would be appreciated.