I am only 3 months into my Iva but my mother has recently come into some money and has offered to pay off my Iva. I do have reasons why I want to leave now just not comfortable sharing them on a public forum.
I’m happy about that as it would mean I don’t have to deal with annual reviews and I’m happy staying on the register for the 6 years to stop me getting into bad habits again.
is it too soon for me to be offering a full and final?
I currently have £6105.40 outstanding to pay would you think an offer of £6000 be wise or slightly above the outstanding like £6200?
I would say your £6k offer would be seriously looked at, amybe even £5k for an initial offer. Some IVAs are worded so as not to allow early settlement within the first 6 or 12 months, so you will need to check this.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk
Tuff getting to speak with someone at CF. But emails are exchanged now and I’m making an offer of £6200 to account for the £300 fee. They advised me to make an offer of at-least £6500 but unfortunately my mother can’t afford that much.