How does buying out of your IVA early work?

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lisa839

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Post by lisa839 » Sat Aug 11, 2018 5:53 pm
How does buying out of your IVA early work please?

Foggy

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Post by Foggy » Sat Aug 11, 2018 5:59 pm
lisa839 wrote:
How does buying out of your IVA early work please?
Depends on exactly what you mean --- the most common method is to make a Full & Final Offer" (F&F). This is paying a lump sum based on the amount of payments left to pay (which is usually rounded down a little). It has to be from a 3rd party (which will be checked) and will bring th IVA to a close. However your credit files will still be rubbished for the full 6 years.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

kallis3

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Post by kallis3 » Sat Aug 11, 2018 6:12 pm
Is there any reason you want to?
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

Lisa Thomas

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Post by Lisa Thomas » Mon Aug 13, 2018 8:50 am
See my video here:

https://youtu.be/h4dozq9aGak
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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