Lisa Thomas wrote:Hi Can you tell us where the savings came from please?
Hiya i have only a little saved so far but it’s literally just like cash I have saved over from my wages, pretty much like and emergency saving. But if it came to a point where that pot filled up to fulfill the iva and pay it off. Could I do so?
If it is material then it sounds as if your I&E may need a review and your Supervisor may need to increase your IVA contributions.
Other than a variation, you would only finish your IVA early if you paid in enough funds to repay the total amount of the debt, plus interest (assuming it applies to your |IVA) plus costs in full.
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