Page 1 of 1
Paying off an IVA early
Posted: Tue Feb 06, 2018 11:08 am
by shelley999
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 ?
Re: Paying off an IVA early
Posted: Tue Feb 06, 2018 11:16 am
by Foggy
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.
Re: Paying off an IVA early
Posted: Tue Feb 06, 2018 11:42 am
by Lisa Thomas
I would have a go at £10k.
Re: Paying off an IVA early
Posted: Tue Feb 06, 2018 11:44 am
by Foggy
Lisa Thomas wrote:I would have a go at £10k.
I agree --- you can always "up" it if they say no first time round.