oh just noticed on the email they say i also have to pay 8% statutory interest?

What is this?

thats fine just wanted to make sure i wasnt paying more than i should i understand its my problem etc

just done some figures and if i was to earn the same commission over the next year as i have done this year i will end up paying over £20k on an original debt of £12435.30

this has all been done and this is what they have come back to me with!

Basically i will be paying at least £4k more plus 50% each month

Hello, currently have an IVA with a well known company and am currently in my final year, but in the last year i have done very well at my job and earning alot more. I understand their are fees to pay if you are able to pay all the debt back whilst na IVA but i feel like im having to pay more than i...

cheers for all your replies, i have put it all down to myself not understanding everything i b***** hate money and cant wait to be debt free and start a fresh

also once my phone contract ends will be switching to payg cant wait

i have contacted my case officer but still awaiting on a reply

well ive done my review and no change, a friend has offered to pay a F&F of £2500 for me. This is £300 more than they would expect to get if it was to run for another 24 months on my current payment. I inquired with my IP about offering a F&F and they've told me they cant help with offering a figure...

hi melanie, see this is where im getting confused i would have thought i would be better of attempting to clear the IVA first so i can start my life again. my income has increased for the last 2 months but before that i was in minus disposable income due to the nature of my job and commission but i ...

thank you im just sending them a message via payplanplus

if i sell my car due to getting a company car soon i will be able to offer a F&F is it worth telling them that?

that would surely be more than the £2150 i currently owe

thank you and its hard to contact them during my work day especially via a mobile will be costly

will try send them a email via their online system

sorry what does F&F stand for? and what do you think my chances are of getting this done?

i hate money and plan never to use credit again unless its a mortgage

its only the last 2 months my income has changed as the 2 months before that i was earning alot less but still only just making the payments

just got home and checking my paperwork, figures are below from when i signed in 2010

Money's owed £12435.30
IVA Proposal value £7753.20

Total paid back to date £5604.38

my review is due next week, should i offer a settlement and how much, my mum could do it if i begged her

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by plasticdaft You should have kept your iva supervisor informed of all changes in circumstances. Dont panic about it, have a chat with them but remember your monthly payment is based on whats affordable ...