I have 7 months left to pay on my IVA. Can I pay it off before the end ?

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mary752
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by mary752 » Tue Apr 11, 2017 5:27 am
I have 7 months left to pay on my iva. Can I pay it off before the end?
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luluj
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by luluj » Tue Apr 11, 2017 6:25 am
In all honesty by the time you organise a full and final and creditors agree to it your 7 months will be up.
By clearing early it will not clear it from your credit records unfortunatelty so at this stage I personally would say hang on its nearly over !
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kallis3
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by kallis3 » Tue Apr 11, 2017 7:34 am
Hi.

I agree with luluj - it's not worth the hassle.
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Foggy
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by Foggy » Tue Apr 11, 2017 7:53 am
I agree with the above comments -- not worth the hassle to end a couple of months early.
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Lisa Thomas
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by Lisa Thomas » Tue Apr 11, 2017 8:24 am
Stick with it - too close to the end to try and get a variation now - some IP's take months to do this.

Are you sure you only have 7 left - do you have an interest in a property and if so have you allowed for the common 12 month extension clause relating to equity in your property?
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