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Cancelling an IVA

iceland_viking
Posts: 52 Forumite
in IVA & DRO
My friend has disclosed to me he is paying back £600 a month with an IVA.
Short question, can he cancel the arrangement at all?
Thanks
Short question, can he cancel the arrangement at all?
Thanks
0
Comments
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AFAIK, you can only fail an IVA by missing three payments. Then a petition for bankruptcy would likely happen.
Why does he want to cancel?:jDebt Free after 5 years.:j Now Time to start saving for my move to Canada0
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