I went into an IVA in September 2008

Get expert opinion. This is the place for new questions to be posted.
4 posts Page 1 of 1
 
 

kshort

User avatar
Posts: 3
Joined: Fri Mar 06, 2009 10:58 am
Location: United Kingdom

Post by kshort » Fri Mar 06, 2009 1:54 pm
I went into an IVA in September 2008 with clear debt my total was 10791 to pay back. My mum has offered to pay 9000 to finish and clear my IVA do you think this will be accepted as i have only be in my IVA 6 months
 
 

rayb

User avatar
Posts: 1288
Joined: Wed Dec 12, 2007 11:15 am
Location: United Kingdom

Post by rayb » Fri Mar 06, 2009 1:56 pm
Hi,

It sounds more than generous considering you would be settling early. I would suggest a lower figure bearing in mind you will be saving IP costs that you would of paid over the whole term
 
 

David Mond

User avatar
Posts: 4896
Joined: Tue Sep 30, 2008 9:31 pm
Location: United Kingdom

Post by David Mond » Fri Mar 06, 2009 1:57 pm
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
 
 

kallis3

User avatar
Forum Expert
Posts: 77177
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Fri Mar 06, 2009 1:59 pm
Thanks David.

As your company is aware of this, and the posters queries have been answered, I shall lock this topic.
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.
http://kallis3.blogs.iva.co.uk
4 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”