Would I be able to come out of my IVA and pay creditors without interest being added ?

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Jean.89

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Post by Jean.89 » Wed Jan 06, 2016 3:51 pm
Hi, I have been in an iva for 2yrs and I would like to come out of it. Would I be able to talk with my creditors myself in arranging payments with them and would they put the last 2yrs interest back on. Many thanks.
 
 

kallis3

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Post by kallis3 » Wed Jan 06, 2016 4:20 pm
Hi

If you cancel your IVA then interest will be added and they may well add the two years on.

Is there any reason why you want to do this?
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
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