I want to finish my IVA early
What is the Process Involved when Offering an Early Settlement?
Any change to the original terms of your IVA proposal would be dealt with as a 'Variation'. This will involve sending out a revised proposal to people you owe money to and holding a meeting to determine whether they agree to it.
If accepted you normally have 3 months to introduce the monies and once this is received your case will be passed to our Closures Team to begin their process of finalising your IVA and paying people you owe money to the required dividend due to them.
A genuine solution to your debt problems is our goal. This website is a good start, but we can do far more for you - without obligation.
Call us free on 0800 083 1433 and talk to an experienced debt advisor immediately, with no wait time. Because Debt Free Direct is the leading provider of advice on debt problems, we can help you to understand all of your options:
- Take a thorough look at your situation
- Find out what's best for you - without charge
- Start a solution today if you want to
Calls from a landline are free or you can ask for a callback here.
We look forward to speaking to you soon.
Nicola Teader, Insolvency Practitioner
Debt Free Direct
Close this window
