I have been on IVA since 2006. Told by IP that I have to keep on paying. Please help.

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Liz.10

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Post by Liz.10 » Thu Jun 05, 2014 3:50 pm
I have been on IVA since 2006 and Still making my monthly payment and was told by my ip I have to keep on paying. It is almost 8yrs now and do not know what to do now. Can someone please help me.
 
 

MJS

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Post by MJS » Thu Jun 05, 2014 3:52 pm
I think the very quick answer to this would be to contact your Insolvency Practitioner, whoever that may be. They are the only ones who can help resolve your situation.
 
 

Foggy

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Post by Foggy » Thu Jun 05, 2014 3:55 pm
Who are you with ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

MelanieGiles

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Post by MelanieGiles » Thu Jun 05, 2014 9:36 pm
What has your IP been reporting in their annual reports about the length of time the IVA has been running for, and why you are still obliged to continue making payments?
Regards, Melanie Giles, Insolvency Practitioner
 
 

ClareSilver

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Post by ClareSilver » Fri Jun 06, 2014 4:14 pm
Is it definitely an IVA and not a DMP?
 
 

Foggy

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Post by Foggy » Fri Jun 06, 2014 4:24 pm
Are you on the Insolvency Register, Liz ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Shining

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Post by Shining » Fri Jun 06, 2014 4:38 pm
Worth checking as Foggy suggests and if it is an IVA then do ask the question why it is continuing so long...
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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