Questions about Individual Voluntary Arrangements and Insolvency.

Moderators: TalbotWoods, JaneClack

By rob1968
#44879 I have tried to ask my IP to settle the IVA early by remortgaging but have been told I would have to make the offer as near to 100p in the pound as possible is this true ??
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By Shameless
#44888 You would need to try and remortgage for as much as you can. But thats all.

Whatever the dividend was thereafter your IP should agree to propose the variation for you.
By rmb282
#46412 I settled mine early and it was inline with my proposal drawn up at the beginning of the IVA, this being £0.49/£.

So I would ask again, depending on what your initial proposal was to pay back.