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Loans Whilst in IVA
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You can not use loans to offer a full and final settlement on your IVA.
Your best bet is to come clean and say you think your only option now is bankruptcy but you wanted to see if IP had any other suggestions. As another poster has said a long shot they may do a variation to include the debts, explaining the circumstances to the creditors and a new repayment schedule (likely you will have to offer longer than you have left already) and let the creditors vote on whether to accept this or fail the IVA which would mean you go bankrupt. You never know, if the p in the £ is still decent and is more than they would get from bankruptcy they may accept it!0
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