I'm just curious How would it work if you suddenly receive a windfall that exceeds the amount of debt you own and are still in the middle of your IVA. Would it clear the debt completely thereby allowing you to finish up the IVA early or do you still need to make make payments towards the IVA until t...

Thanks, that definitely makes things clear and thanks for the quick reply.

I have been on an IVA with Payplan for just over a year and have recently applied for a PPI, through Payplan, for which I was offered approx £10,000. Currently what's left of my IVA is approx £7,900. I have spoken to Payplan and they mentioned that the PPI will go towards the IVA, but as an extra pa...