Hi Andy

Yes that's what we thought but we are now being told that it won't shorten the life of the IVA so basically we are confused!!??

Melanie, yes it was obviously members of the IPs staff who gave us the advice as it was given when we were asking questions about the agreement. Also this is the second peice of incorrect advice we have been given by the company. Obviously as we are now with this company it would be very difficult f...

Thanks for your replies. Just to clarify. The amount that we are playing will give the creditors a return of 100p in the pound. We will also have paid the IVA fees. That was why we were told that any additional payments would shorten the term of the agreement as interest was frozen unless we receive...

myself and my wife are in an iva, we have been in now for 2 years, last november we had a change in our payments because we couldnt afford what they said, which was fine, so we dropped down to a level we could afford and the iva was extended by a year. but the creditors have put a 50% variation on u...