I hope you get this resolved we were also in the same situation during our IVA. One thing I would put to you and in your circumstance it may not benefit you but it did for us greatly. It's tricky but I knew my the company was not acting in my best interest, and we ecentually went down a totally diff...

And the cloud has risen, this year keeps getting better and better.

Out of our IVA, lump sum off our mortgage and a nice cheque deposited in the bank, where's those holiday brochures!!!

How's it looking Eric?

Had my cheque through the post today. Happy days!

Happy days. Common sense has prevailed, after giving my completed IVA company the option of letting me take the cash sum, or I'd take the sum off my mortgage so there was no money for them to get there hands on. They have admitted defeated in there pursuit of the sum and a nice fat cheque came in th...

Some of these posts have me scratching my head. All I can say is some of the firms you're with are not acting in your best interests. I speak as someone who has completed there IVA, during my time in it my payments went up (pay rise), but also went down when a change of circumstance meant by showing...

Foggy's right and I 100% agree with his thinking on the situation. Like I say Eric keep us posted as to whether you're successful, I'm totally put off bothering making any claims at the minute for loans that were part of my IVA. I'll let you know the outcome of mine, like I've said above I can't pos...

The family member does not have to declare how them came about the money, if I was you I would inform IP that a family member has had a windfall (make it up be it lottery/bet/inheritance). The IP will then want to contact the family member, make sure there story is in line with yours and there shoul...

The simple answer is for some unknown reason this is a huge grey area and not one person can give you a certain answer. I know this as I'm in a similar position, the only difference with me is the claim I'm about to receive in one shape or another isn't with one of the creditors that was in my now c...

Contacted my old IVA company and they say because the PPI claim is through my mortgage and not one of the unsecured debts that was written into my IVA, they don't know what will happen with the money if I take it as a cheque. Thanks for that advice!!!, how can it be so unclear surely it's either yes...

When I had a £8K credit card balance and missed 3 payments several years ago, I was approached by the company I owed money to who said they were willing to wipe the debt for £2.4K. The company knew I was looking into going into an IVA and basically panicked. I wasn't in the position to make the one ...

Thanks for your replies Melanie, from what you're saying to me I've probably got two options as I'm damned if I'm handing over any money that is due to me now I'm out of the IVA. I adhered to it fully whilst I was in it and my husband worked hard to earn overtime which led to us paying well over the...

I'm sorry but this baffles me when does the IVA actually end? There's going to be a lump sum coming off our secured loan, which ultimately could leave us having equity in our home. Does this mean the creditors who've agreed to the IVA settlement and given us a completion certificate can make us also...

I have recently completed my IVA and have the completion certificate. I was written to by the company who we have a secured loan with (who we have no outstanding debt with but were part of the IVA as the loan is secured against our house)informing us we may have a claim for PPI. We made a complaint ...

Thanks Melanie the 85% is not 85% of our debts it's of the figure we would pay by making the regular agreed payment if there's any confusion there!

Thanks for yr advice we are due to sort things out in terms of new monthly payment in Jan so think we're gunna wait till then and see how it goes just been doing some sums and come January we will have already paid 85% of the sum that our iva was set up under (due to husbands overtime over payments)...