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hugandkiss
- Posts: 17
- Joined: Sat Aug 09, 2014 10:31 am
- Location: United Kingdom
Made my last payment yesterday....or so I thought....5 and a half years of £855 a month for £42 000 of debt...
E-mail today to say that following final review I still owe £360.
I know it's not a lot in the grand scheme of things but what a let down!
aj fawcett
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Struzzo39
- Posts: 1820
- Joined: Sun Jan 24, 2010 5:56 pm
- Location: United Kingdom
How Gutting !!
Steven & Debbie
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Dougie
- Posts: 217
- Joined: Thu Oct 30, 2008 7:11 am
- Location: United Kingdom
Its really poor when this happens, any shortfall should be picked up in annual reviews so you always know exactly where you stand.
On the bright side, you're nearly done!
IVA Accepted - Sep 2009
F&F Accepted - Oct 2014
CC Received - Jul 2015
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Dougie
- Posts: 217
- Joined: Thu Oct 30, 2008 7:11 am
- Location: United Kingdom
Just worked it out and you have paid £56,400 which is way more than you actually owed, how did that happen then?
IVA Accepted - Sep 2009
F&F Accepted - Oct 2014
CC Received - Jul 2015
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hugandkiss
- Posts: 17
- Joined: Sat Aug 09, 2014 10:31 am
- Location: United Kingdom
Dougie my payments increased over the years with a new job...i started off with £560 I think..then from there this grand sum....
Although if I look back I think I will have paid it all back off....
aj fawcett
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Dougie
- Posts: 217
- Joined: Thu Oct 30, 2008 7:11 am
- Location: United Kingdom
Fair enough, hope you manage to get a speedy conclusion, which, from recent posts seems to be a rarity!
IVA Accepted - Sep 2009
F&F Accepted - Oct 2014
CC Received - Jul 2015
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luluj
Forum Expert
- Posts: 11333
- Joined: Sun Dec 09, 2007 6:54 am
- Location: United Kingdom
The additional money paid in includes the IP fees etc ... Well done for coming through your iva!
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
Look at my blog "All I wanted was a baby"
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wiggle1
- Posts: 600
- Joined: Fri Jan 27, 2012 7:09 pm
- Location: United Kingdom
I know it's gutting (the same thing happened to us) but just think, you're through your iva. What an achievement!!
Life after IVA is wonderful.
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Christabelle_sparkle
- Posts: 447
- Joined: Sat Jun 26, 2010 10:51 pm
- Location:
Hi
how do you owe them £360 if you have paid back well over what you originally owed?
An IVA is a long hard road but valuable lessons have been learnt along the way. Now looking forward to enjoying a debt free future!
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hugandkiss
- Posts: 17
- Joined: Sat Aug 09, 2014 10:31 am
- Location: United Kingdom
I have no idea.....I have complied with everything they asked of me.....I just want it finished now.....
aj fawcett
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Shining
- Posts: 27019
- Joined: Thu Sep 20, 2007 8:57 am
- Location:
I would ask for a breakdown of how they have come to this figure as if you've paid 100% of debt plus fees etc,. it might be worth looking into
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
