Can an IVA be settled early?
Many IVAs end early with the introduction of a lump sum of money. We can arrange a variation meeting to offer a sum of money in full and final settlement of your obligations under the IVA. The new funds are typically raised by remortgage, inheritance, cashing in of policies etc. Creditors do support early settlements as they generally prefer to receive their money early than wait for payments over a five year period.
