I've been waiting on a payment for work done �5000 nearly 2 years ago, having taken customer to court, ccj, and now bailiffs intervention. I'm currently on an iva with 11 months left and a debt remaining of approx 5k. Can this payment due be used as a F&F please?
You need to check this with your own IP as to how the bad debt was treated within the IVA and how it affected your contributions. It is post IVA income and had you received the money when it was due your IVA payments may have been higher. Non receipt of the money would have impacted on your profits leading to lower IVA payments so there is an argument that all or some of this money could be an asset of the IVA.