www.iva.co.uk

After reading through a few of the posts on the forum i've seen a number of people have made a final offer to their creditors to finish their IVa early. How does this work? Would I have had to pay extra into the account before offering this? How early can this be proposed?

I've been in my IVA 2years 3months, never missed a payment. My payments have always been between £350-£410 with £19k in total been owed from the beginning.

Thanks for any advice.

Hi gracey

You will need to ask your IVA supervisor to provide you with a settlement figure based upon the dividend you originally offered - but how will you raise the money to pay this?