Lump sum for final year?

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Post by jill560 » Fri Jul 26, 2019 7:22 pm
I have completed 5 years of my IVA and due to not being able to release any equity have been advised I will be paying for another year. However, my parents have just sold their property and have offered to pay the remainder of the final year off to complete the IVA early and have it all behind me. Would this be likely to be accepted?


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Post by Foggy » Fri Jul 26, 2019 7:51 pm
There is no reason why not -- but you will need to get a wriggle on as these things often take a few months to set up -- so there wouldn't be that much of a time saving.
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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Post by Lisa Thomas » Mon Jul 29, 2019 8:33 am
It's probably not worth it now with only 12 months remaining.
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: ... Z5k9ZcC2MA 01752 786800
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