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nu4an

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Post by nu4an » Tue Dec 16, 2014 10:42 pm
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Hey all,
just a quick question, im 2 months into a 6 year iva, those 2 months have flown by. Im just wondering if at the end of the 6 year agreement, and if all payments were made to date should i expect the creditors to push for another year or should it hopefully conclude after the 6 year agreement that was made?
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linrog

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Post by linrog » Tue Dec 16, 2014 10:44 pm
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depends if you have a house and have equity in that house that maybe could be released via a remortgage
full final paid over 29/2/16 cc arrived 12/4/16 its all over
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nu4an

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Post by nu4an » Tue Dec 16, 2014 10:58 pm
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no im not a house owner
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Foggy

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Post by Foggy » Wed Dec 17, 2014 8:00 am
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With no equity to address and, assuming you take no agreed payment break, miss no payments and pay in extra income as agreed, the IVA will not have extra payments added.
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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nu4an

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Post by nu4an » Wed Dec 17, 2014 11:57 am
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Thanks foggy was hoping for that, just hope the next 70months go as smoothly
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