12 month extension

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wakeywakey

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Joined: Mon Jan 23, 2017 9:48 am
Post by wakeywakey » Thu Jul 13, 2017 1:42 pm
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I have been asked if I will accept a 12 month extension to my IVA proposal.
I really don't want that but feel trapped now as to refuse might jeopardise the IVA
There was already a 12 month extension to the normal 5 years with the remortgage not being done and a 6 month admin extension so we were already 78 months or 6.5 years
Is 7.5 years a reasonable request?
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Foggy

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Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
Post by Foggy » Thu Jul 13, 2017 3:11 pm
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It may or may not be reasonable, depending on their reasons for the request. Is this added payments,or an extension to the administration period ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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