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Iva's

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MUM40
MUM40 Posts: 304 Forumite
Part of the Furniture 100 Posts
in IVA & DRO
Can you reduce your IVA from 5 years to 3 years?

thanks for any help
No. 83 in £365.00 in 365 days 17/365
Jan lunch to work days 10/20

Comments

  • Vikipollard
    Vikipollard Posts: 739 Forumite
    Tenth Anniversary 500 Posts Name Dropper Debt-free and Proud!
    I'm no expert at all, but I would think only by getting a full and final settlement agreed with your creditors via your IP.

    I'm sure someone far more knowledgeable will be along soon.
    LBM July 2006. Debt free 01 Sept 12 .. :T
    Finally joined Slimming World: weight loss 33lbs...target achieved 51wks later 06.05.13 & still there :j
    Aim to be mortgage free in 2022. Jan 17 33250 Nov 17 27066 Mar 18 24498 Sep 18 20608 Nov 18 19250 Jan 19 17980 Mar 19 16455 May 19 15024 Nov 19 10488 Feb 20 8150 May 20 5783 Aug 20. 3305 Nov 20 859 Mortgage free, 02.12.2020
  • angel_rainbow
    angel_rainbow Posts: 43 Forumite
    The only ways to end an IVA early are to be in a position to pay off all original debt, interest and fees or to have a full and final offer accepted.
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