If you cancel the IVA there is no guarantee that your creditors will agree to any repayment you offer them direct and your credit record will still be shot for the next 5 and a half years. They will also add back lost interest and start charging interest going forward, as well as be able to take whatever measures they deem fit to get their money repaid.
How much was your original debt ? How much are your monthly payments ? Do you own or rent ? How much has your mum got available ?
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