21 x £290
39 x £391 (when a priority debt had been repaid)
Dividend accepted by creditors (per £)
Two years into the IVA, Ian and Nicole again suffered from ill health, and Ian ultimately had to give up work. The Debt Advisor proposed a variation which the creditors accepted allowing the IVA to be completed on the payments received to date. In total, the creditors received 14p/£ compared to 54p/£ originally agreed.