Is it possible to pay off my sons IVA?

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52

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Post by 52 » Sun Aug 29, 2010 1:49 pm
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Is it possible to pay off my son's IVA debt which has two years to go?
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Shining

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Post by Shining » Sun Aug 29, 2010 1:53 pm
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Hi and welcome to the forum, is your son struggling to pay his IVA?

It's a lovely gesture of yours and a full and final offer may be possible, it would be best for your son to contact his IP in the first instance, to offer a full and final it's always best to offer as near to the original dividend as possible. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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kallis3

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Post by kallis3 » Sun Aug 29, 2010 2:03 pm
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Hi, and welcome from me as well.

Lovely gesture, and I totally agree with Lesley.
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
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MelanieGiles

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Post by MelanieGiles » Mon Aug 30, 2010 8:30 pm
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Are you in a position to offer a sum equivalent to the amount of outstanding contributions due from your son? If so, then I think it is a great idea so long as he arranges to pay you back!!
Regards, Melanie Giles, Insolvency Practitioner
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