is it possible to pay off an iva

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gaklam

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Post by gaklam » Wed May 14, 2008 10:39 pm
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is it possible to pay off an iva once u have entered into one and will any other charges be added should u wish to pay up
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MelanieGiles

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Post by MelanieGiles » Wed May 14, 2008 10:42 pm
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Hi gaklan and welcome to the forum

It is possible to pay off the IVA, and this may incur additional charges depending upon the terms of your specific proposal. Amendments to the terms of the original proposal will need the express agreement of creditors at a meeting duly convened for such purposes, so acceptance is not guaranteed.
Regards, Melanie Giles, Insolvency Practitioner
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