What happens if the amount that I have paid for 5 years, along with the PPI amount that I am owed which immediately goes to the IP, is more than the original debt.
If you hit the figure of the original debt, plus fees and possible statutory interest any surplus will be refunded. If you hit this figure early the IVA will conclude.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014