Will going slightly overdrawn prevent the completion of my IVA, which is due shortly ?

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Sally.x

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Post by Sally.x » Mon Dec 15, 2014 6:58 pm
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Can u tell me if I have gone overdrawn slightly on my bank account whilst in an iva whether this will prevent my iva from completing as it is shortly due to ??
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winter_blues

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Post by winter_blues » Mon Dec 15, 2014 7:04 pm
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Hi, don't think you will have anything to worry about. Most IVA's allow for up to £500 credit for utility bills etc . So,as long as it's not over that figure I'm sure you will be OK and given your so close to completing. Good luck and well done on getting this far.
Last edited by winter_blues on Mon Dec 15, 2014 7:04 pm, edited 1 time in total.
Winter-Blues
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Foggy

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Post by Foggy » Mon Dec 15, 2014 7:16 pm
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Probably OK -- what sort of figure are you envisaging ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Shining

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Post by Shining » Mon Dec 15, 2014 7:56 pm
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Hopefully all will be ok, is it still overdrawn or back in the black now? If it was only a temporary blip then I doubt there's anything to worry about.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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