i have 1 more payment to make

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James.46

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Post by James.46 » Sun Dec 19, 2010 10:24 am
i have 1 more payment to make to end my IVA on JAN 1st but inoticed the costs on supervising the IVA have risen by 25%. this could result in a shortfall on the 25pence in the pound promised. how will this affect me
 
 

kallis3

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Post by kallis3 » Sun Dec 19, 2010 10:30 am
Hi and welcome.

Well done on nearing the end of your IVA. I would speak to your IP just to make sure that your January payment is your last.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

DMB

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Post by DMB » Sun Dec 19, 2010 11:09 am
Congratulations James.46.
Early days for me but must feel very good to be nearing the end?
 
 

Skippy

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Post by Skippy » Sun Dec 19, 2010 11:12 am
Congratulations on getting to the end! I would definitely contact your IP to make sure that this is your last payment.
 
 

Shining

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Post by Shining » Sun Dec 19, 2010 11:33 am
As others have said get confirmation from your IP about your last payment and well done for getting this far. I hope it does bring closure and you enjoy your debt free future. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

Julie

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Post by Julie » Sun Dec 19, 2010 12:25 pm
Congratulations James, I would think the costs are included in the poayments and your repayment schedule should not have changed. If it had, your IP should have informed you - like the others have said double check just to make sure. A quick phonecall will put your mind at rest.

Good luck xx
 
 

James.46

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Post by James.46 » Sun Dec 19, 2010 3:20 pm
thank you all for yoyr good wishes, i will phone my ip on monday,
it feels great to have got to the end.
 
 

kallis3

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Post by kallis3 » Sun Dec 19, 2010 3:23 pm
Let us know what they say.

Must be fantastic to be so close to the end.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

Michael Peoples

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Post by Michael Peoples » Mon Dec 20, 2010 2:08 pm
It is possible that your IVA will be extended to meet the shortfall so ultimately you could be out of pocket.

Was your IVA transferred from one company to another and regardless how can the IP justify the uplift in fees?
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

MRBLUESKY

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Post by MRBLUESKY » Mon Dec 20, 2010 5:22 pm
any news james
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