possible early settlement

[indebtforever]

hi i am trying to get a figure to offer my creditors to end my iva early all the worry and fighting to survive with 4 kids is making my wife ill and she is on anti depressants.my father has said he will loan me some money but i dont know how much yet.i have been in an iva for 2 years paying £555 a month plus i paid £450 for 3 months before it started so the total i have paid to date is £14,600.the original to pay was £31,000 and £22,000 made available to creditors.i understand there will be a saving of 3 yrs fees of £1200+vat but also a completion fee to add.i also have an equity release figure which is set at £1050 not £10,050 can you give me a figure then i can ask my father before i need to contact the ip.All of my debts have been sold on to max recovery?? thanks in advance

[MelanieGiles]

Hi there

I would have thought that a figure in the region of £20,000 would be acceptable - but seek guidance from your own IP first as they have detailed knowledge of your case.