early settlement

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angela.rs

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Post by angela.rs » Sun Jun 27, 2010 9:42 pm
if you are in a iva and been in for 32 months and say if you still owe about 40,000 would an early settlement off a third party of 25,000 be sufficient to finish the iva early.
 
 

MelanieGiles

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Post by MelanieGiles » Sun Jun 27, 2010 10:14 pm
Hi there and welcome to the forum

Anything is possible, depending upon individual circumstances and the reasons for the need for the early settlement. Can you give us a few more details of your circumstances in order that we can try to reply more fully? Are you currently struggling with the arrangement?
Regards, Melanie Giles, Insolvency Practitioner
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