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
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