Unfortunatly my IVA has been going for 4 years and didn't get the benefit of the 10%/50% rule. So it looks like we'll have to be extra "lean" during this last 12 months then to try and pay back the extra. Interestingly my IP is aware of this "shortfall" but has never specifically told me how to get ...

Hypothetical question here (with an element of truth thrown in as well for good measure!). If say at the end of the IVA (5 years plus additional months for "payment breaks") I'm told I still owe money, due to being paid more now than I did when I first started and I had to pay 50% of that back as we...

Thanks for the replies I did think it was 6 years from commencement.
So what happens if you take a "payment break" and end up completing it after the normal 5 year period; does my credit rating move right the same amount of time taken for breaks?