Thanks very much Melanie that is extremely helpful - I'll speak to my IP and then get back to you

Hi - back again! I've been thinking about the whole PPI claim again & I appreciate that any monies secured under a PPI claim would be paid to my creditors but does that mean that I have to use the company that Payplan have told me to? They would be taking at least 30% of the rebate (& as far as I ca...

It would appear that I have been given me some inaccurate information regarding my ability to "opt out" of the whole PPI derbarcle & seeing as I certainly don't want to drag my agreement out any longer than is necessary I will contact my IP ASAP to clarify the situation! Thank you all for your assis...

I am due to make my last IVA payment in February 2013 (& am overjoyed at the prospect!) however today I received a letter regarding VAT & PPI. I have no problem with my supervisor claiming VAT & distributing it to my creditors as it will not affect the conclusion of my arrangement - however they hav...

I contacted my IP today and they said that basically this "unproven" creditor has the full term of the IVA to decide whether or not they wish to prove their debt. However as I tried (to no avail) to point out to them I am paying back a monthly amount inclusive of this "unproven" debt. My IP said tha...

If it is the case that this debt is formally excluded what will this entail? I assume that my payment will be reduced accordingly? Will anything else happen?

I entered into an IVA two years ago. I receently received my annual statement and when I was looking through it I noticed that one of my creditors had an "unproven" debt. This debt does not receive any divdends and is not part of my total unsecured debt. However the amount that I pay monthly is base...