Get expert opinion. This is the place for new questions to be posted.
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pollypot
- Posts: 7
- Joined: Wed Mar 02, 2011 1:50 pm
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Hi, I am 4 years into my IVA and all is going well, have not posted before but have found this forum a great help over the last 4 years. One question, modifications in my proposal state that the creditors are expected to receive an estimated dividend of 30p in the £. My last 3 annual review letters state the current dividend is 26p. Will I have to make up the difference at the end of the 60 months?
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TheMatrix
- Posts: 2171
- Joined: Sat Mar 17, 2007 8:32 pm
- Location: United Kingdom
I think if it says estimated in the proposal and you get close to that it should be ok, but I'd check with the IP.
We're willing to wipe the slate clean, give you a fresh start. All that we're asking in return is your cooperation.
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pollypot
- Posts: 7
- Joined: Wed Mar 02, 2011 1:50 pm
- Location:
Thanks, and well done to you. I have 2 threads the same on here as I didn't think my first one was picked up, too impatient! will phone IP for clarification and hope that the final year goes smoothly.
