hi my husband is seriously ill

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Post by rachael558 » Mon Jun 28, 2021 8:23 am
hi my husband is seriously ill and we are both in an iva of 2 years we have asked if it can be closed down early will they do this on his health or will they want equity release or get me to take over iva so worried now


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Post by Foggy » Mon Jun 28, 2021 8:36 am
It depends on many things. For different reasons my IVA, linked to my wife's, became untenable about half way through and, in that case, creditors agreed to shut them down based on payments made to date. So it can happen.

You really need to speak with your IP sooner rather than later.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014


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Post by luluj » Thu Jul 01, 2021 4:04 am
I'm sorry to hear of your husbands ill health and the impact it is having on your iva.

As foggy suggests your IP should be your support in this and should help you build a positive case for your iva to end based on payments to date.

Good luck and do let us know how you get on.
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
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