i usually make my iva payments on the 10th of every month,but this month i didnt relise that the 10th was a sunday until it was too late to change it,therefore my payment went out of the bank on the monday 11th does this mean i have defaulted ??????
Shouldn't make a difference at all. Our payments don't always come out on the first of the month when they should. As long as they are received in a few days there will be no problem - you won't have defaulted.
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
thanx Kallis3 i havent posted for a long while , its always nice to know that you can always come back for advice. My 4th review is due in june,and i was a little worried....roll on june 2012!
You'll be fine - my payment always says that it is in arrears until the payment is received in their account. Not long to go now!
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
Hi Marie, as others have said you'll be fine, I'm actually in arrears due to a boiler problem (new one) but working out a way with my IP to get these sorted once my annual review is completed satisfactorily. Not long for you now, hope it all goes smooth for you x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
Agree Lesley - she will not be in default just because the date is slightly different. One of those things.
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
You will be fine, there will be times if you pay by standing order that the payment date falls on a Saturday (or even a Bank Holiday Friday), if you then have a bank holiday on the Monday that payment wont come out until the Tuesday.
Nothing at all to worry about, and you will be back to normal the following month anyway.
We're willing to wipe the slate clean, give you a fresh start. All that we're asking in return is your cooperation.
