how much should i offer to close the iva ?

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nigel.rs

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Post by nigel.rs » Thu Aug 26, 2010 4:57 am
hi if i manage to get some money how much should i offer to close the iva arrangement ? that i have had for over two years now with debt of 35000.00
 
 

kallis3

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Post by kallis3 » Thu Aug 26, 2010 7:57 am
Hi, and welcome to the forum.

You should try and offer as close to the original dividend as possible. Your creditors will want to know the reason why and will want to know where the money is coming from.
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
 
 

plasticdaft

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Post by plasticdaft » Thu Aug 26, 2010 9:29 am
Where will the money be coming from?? Ceditors like to see a return of what was anticipated to start with. Is there a reason you want to conclude the IVA early?

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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