Settlment after 1 month?

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Post by steven614 » Sat Aug 31, 2019 7:24 am
I’ve only been in an iva for 1 month, but parents have offered to clear it , Can I ask for a final settlement figure already ?


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Post by kallis3 » Sat Aug 31, 2019 8:20 am
No reason why not. It will take a couple of months to set up a full and final - how much is your IVA?
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.


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Post by Foggy » Sat Aug 31, 2019 9:29 am
Do not ask for a 'settlement' figure -- this will be the full debt, plus fees. Ask to make a 'full and final' offer, which is usually based on outstanding agreed payments and can often be rounded down a little from that figure.
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 Sep 02, 2019 9:06 am
My short video here should give you some pointers:
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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