Sorry all, got the working out a bit wrong there but I think the final amounts and the principle is teh same. Thanks for the advice up to now and thanks for taking the time to reply. Could anyone advise on what my next steps would be? I am writing to by IVA people now to get a detailed statement and...

Hi everyone and thanks for taking the time to reply and advise. Can I explain the payments in more detail; My original debt was around £20,000 against which I was paying £220 per month = £2640. The interest against the debt is 8%P.A. so the amounts (without payments) would be 1st year=£20,000+8%=£21...

Hello, If anyone could help me it would me much appreciated. I took out an IVA on approx £20,000 of debt 2 1/2 years ago. I paid my first 2 years payments no bother. I got a job overseas in Sept 07 in order (amongst other things) to pay off this debt quicker and be free of the IVA. I have been in co...

Hello, I hav had an IVA running for nearly a year now with no missed or late payments. I received the paperwork for the yearly review and house registration. My wife has opened up my mail as I am working away from home. I informed my wife through all of the steps of the IVA when applying. She now do...