How much should I offer to pay off my IVA?

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Post by sarah236 » Sun Oct 24, 2021 2:50 pm
Hi there,
I have 4000 remaining to pay in my iva. I’m an 3 years into it. My dad has offered to make a payment to end it. Should I offer £3500. I obviously would like him to pay as little as possible. How much should he offer? If this isn’t agreed how long do I have to wait to make another offer?


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Post by Foggy » Sun Oct 24, 2021 3:03 pm
I would think that £3.5K would be a fair offer. If it is refused you can come back with an improved offer right away.
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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