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Posted: Fri Sep 25, 2009 12:36 pm
by Sarah.sr
Hi Andy
After reading your story can I ask you how did you pay the IVA early we have our meeting in a couple of weeks, and was thought it would have to stay for the full term.
many thanks
Posted: Fri Sep 25, 2009 3:05 pm
by Julie
Hi Sarah - Andy will give you his personal answer as soon as he can. However, it is possible to end your IVA early if you can make a full & final offer.
Posted: Fri Sep 25, 2009 3:21 pm
by bergy
IVA itself can end early but will stick on your credit report for the full 6 years from initial agreement date.... (I think) lol
Posted: Fri Sep 25, 2009 3:48 pm
by Adam Davies
Hi
I used the equity in my house that I purchased with the help of my mum, and full knowledge of my IP, early into My IVA. Two and a half years on the equity released from a remortgage was enough to offer in a full and final lump sum.
Regards