Posted: Wed Mar 04, 2009 2:54 pm
Hi All,
I've been in an IVA for just under 2 years. I originally had debts of around £75,000 and am to pay back £46,000 to my creditors. To date i have paid just over £16,000, so I currently have just under £30,000 to pay back.
A family member is considering giving me £30,000 solely to end my IVA early. Would this be a reasonable offer to make to my creditors or would they expect more based on the original debt?
Thanks
I've been in an IVA for just under 2 years. I originally had debts of around £75,000 and am to pay back £46,000 to my creditors. To date i have paid just over £16,000, so I currently have just under £30,000 to pay back.
A family member is considering giving me £30,000 solely to end my IVA early. Would this be a reasonable offer to make to my creditors or would they expect more based on the original debt?
Thanks