I am 4 and half years into a 6 year IVA paying £150 a month. I don’t own a house can I offer a final settlement of the £2700 or will it have to be more. My friend has come into some money and has offered to pay it off for me
No, it doesn't have to be more, but it will have to be soon, as the whole thing takes up to three months to go through. The creditors will be getting what they signed up for so all good.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Sat Nov 09, 2019 10:02 amFoggy wrote:
No, it doesn't have to be more, but it will have to be soon, as the whole thing takes up to three months to go through. The creditors will be getting what they signed up for so all good.
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