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Posted: Thu Jul 26, 2012 5:54 pm
by whit
My IVA runs for another 2.5yrs and I was wondering how much it would cost to settle early as my parents my help, I own my own home but have no equity in it plus have a secured loan which runs until a few years after my iva is due to finish but is not included within my iva, would a final settlement be months remaining x current monthly amount = settlement?
Posted: Thu Jul 26, 2012 7:38 pm
by luluj
That would be a good starting point, plus I would ensure it is clearly stated that the money is only available to you to conclude your IVA.
Posted: Fri Jul 27, 2012 9:26 am
by Kelly O
Settling your IVA early is certainly an option for you
Work out how much you have left to pay and take it account that the IP fees will be less if you conclude the IVA early.
Posted: Fri Jul 27, 2012 9:41 am
by Shining
All the best if you decide to proceed with your F&F settlement. x