Csn I cancel?

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holly516
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by holly516 » Sat Jan 26, 2019 11:23 pm
Signed the agreement for An IVA 2 days ago but now think a debt plan would be the best option for me now feel I was rushed and not had time to properly think about it can I still cancel a meeting has not been set up with creditors as yet
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luluj
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by luluj » Sun Jan 27, 2019 5:33 am
Hi Holly ..if your creditors meeting has not yet taken place yes you cancel your iva agreement. If you are not sure it is the right solution for you then now is the time to withdraw and seek further professional advice.
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Foggy
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by Foggy » Sun Jan 27, 2019 10:21 am
Yes, you can cancel before the meeting, However, while most firms will not charge fees to date, some do, so check whatever terms of engagement you have agreed to.

Remember, in a DMP, that creditors are not obliged to co-operate, nor to freeze interest, so it could be a long and uncertain haul.

Best of luck with whichever you decide to choose.
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kallis3
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by kallis3 » Sun Jan 27, 2019 11:26 am
As stated, yes you can. Is there any you want to? You may end up owing more.
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