Is it possible to finish my IVA early?

Yes, it is.

However, we will need to obtain the creditors' agreement. When the IVA is set up, the dividend accepted by the creditors is a minimum amount. Until the IVA is complete, creditors are still entitled to 100% of their money back and if you are asking them to accept an early settlement, they will be considering the actual amount outstanding and not the reduced repayment you would have paid back if the IVA had continued to the end of the normal term.

If funds become available, eg through a windfall, let us know. We will ensure that any offer made is fair and equitable to both you and your creditors.


For more information, call us on 0800 16 999 46 or simply fill in the online application form above. Our initial advice is free and completely confidential so why not give us a call today...

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Other FAQ

• Will an IVA affect my credit rating?

• Can I set up an IVA if a Bankruptcy Order has been made against me?

• Who can benefit from an IVA?

• What are my options if my IVA is not approved?

• My IVA has been approved, what do I do next?

• Will I have to release equity from my home to pay into the IVA?

• Do I still have to deal with my creditors once I'm in an IVA?

• Is it possible to finish my IVA early?

• Will I be debt free after my IVA?

• What debts can be included in an IVA?

• What if my circumstances change?

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Insolvency Practitioners at Money Debt and Credit Ltd act without any personal liability.
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