Paying off an IVA early

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shelley999
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by shelley999 » Tue Feb 06, 2018 11:08 am
Hi,

My mum has offered to pay my iva off. I am13 months in and £15,386 left to pay , do you think £14,000 is a fair offer ?
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Foggy
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by Foggy » Tue Feb 06, 2018 11:16 am
If £15,386 is the total of remaining scheduled payments, considering you will be saving them nearly 4 years of admin costs, I think £14,000 is a generous offer.
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Lisa Thomas
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by Lisa Thomas » Tue Feb 06, 2018 11:42 am
I would have a go at £10k.
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Foggy
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by Foggy » Tue Feb 06, 2018 11:44 am
Lisa Thomas wrote:
I would have a go at £10k.


I agree --- you can always "up" it if they say no first time round.
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