I've been told that in certain circumstances the last 3 months of IVA are cancelled.

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Gareth.02

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Post by Gareth.02 » Mon Apr 20, 2015 10:37 pm
I've got an IVA which is due to finish in October 2015.I've been told that in certain circumstances,the last 3 months would be cancelled.Can you please let me know if this true.
 
 

relieved33

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Post by relieved33 » Mon Apr 20, 2015 10:47 pm
I haven't heard this and it didn't happen to me!!

Extensions can be cancelled if equity is no longer available. Is this what you mean?
 
 

nursecrippin

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Post by nursecrippin » Tue Apr 21, 2015 1:01 am
Not herd this before sorry, but i can say it didnt happen to me
Heidi xxxx
 
 

luluj

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Post by luluj » Tue Apr 21, 2015 4:21 am
Not sonething I am aware of and not read it on here in the past ...sorry think you may have misunderdtood /misheard.
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Foggy

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Post by Foggy » Tue Apr 21, 2015 7:53 am
I can only add that this is new to me -- not come across this before.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

lifenoteasy

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Post by lifenoteasy » Tue Apr 21, 2015 8:52 am
There may be some confusion with the 3 month rules e.g. miss 3 months payments and the IVA will be voided, 3 months for you to come off the Insolvency Register etc.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
 
 

Lisa Thomas

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Post by Lisa Thomas » Tue Apr 21, 2015 9:32 am
Hi Gareth - sorry but not sure where that rumour has come from but it is not true. Hopefully the next few months will fly by for you - you will get there soon.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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