I am still not sure if drawing down on your Pension can be claimed under the "Windfall" clause.

You pension was an assess the IVA had already agreed to exclude.

DO NOT go insolvent unless you have to. Use 20k to reduce you debts, if you think you would then be able to manage the remainder.

I don't think it is that clear cut and certainly could be tested in court. I think the contract could easily be judged "unfair" if there is an open ended commitment.

Certainly in my proposal the term of the IVA is referenced at least twice as being 72 months.

It really is shocking and unfair. I paid my last payment on 22nd May this year. On 2nd June I was informed my final review was completed and no further payments were required. They are estimating I will receive my CC in 3-4 weeks. With cleardebt. Will see if they meet this timescale. If I was with G...

I agree with Michael, the wording does lead me to think you are looking at an extra 12 months. However, surely there has to be consistency when applying a protocol complaint IVA. If no-one else (with any other company) would not have to extend by another year, if they were in your circumstances, its...

If it is not guaranteed and is over an above your core contracted cores, then it should be treated as overtime and the 10% 50/50 rule should apply. However, when does not guaranteed hours become guaranteed?? If you have consistently been paid this every month for the last 4 years. The IP will think ...

hopefully even when you get the costs breakdown, they are not asking you for too much and you can close it down this month or next and the whole thing does not drag on further.

Hi Nursecrippin, I really feel for you and hope you get this sorted. Bit worried now myself as I have paid my last payment but heard nothing following submitting my final documents for the last review.

Who are you with?

Same boat as you NurseCrippen, after 6 long years I paid my final payment last Friday. Great feeling, although will be even better next payday when I have some money in my pocket!!

WD on getting to the end.

I don't think anyone successfully completing a IVA should be penalised by not getting high street rates.

I am not advocating this for anyone else but it is a question for each individual if they choose to disclose past issues that are not on their credit report.

It doesn't matter whether they have been updated monthly or not at all, or even what their current status is. As long as the default dates are roughly right, they will disappear completely 6 years after this date

Excellent news Steven

WD fisherman, great news

Well done all, great result

The answer to your question is no. Although in your IVA you agreed to handover all assets, this is not enough to go to creditors. You will need to agree and sign an letter of authorisation, that they will need. Otherwise the creditors will not entertain them.